If electoral politics isn’t the plan, what does building an alternative actually look like? An anarchist and a Marxist-Leninist get together to exchange ideas.

Special Interview Recorded (9/29/2026) and Uploaded Here (9/30/2026)In this interview we speak with the Founder of the Non-Profit, Real Progressives, Steven ...

This episode is a rebroadcast of Steve’s recent appearance on the Jaybefaunt Show, with James Fauntleroy, where he was asked to take apart the familiar panic...

Global trust in the US and its almighty dollar seems to be in question, with some nations scrambling to create alternative payment systems to compete with it. Some believe it...more

Steve joins James Fauntleroy on The Jaybefaunt Show to explain why the $40 trillion national debt is a bogus scare-tactic. The “broke government” myth serves capital. They agree that liberation will c...

Constraining government spending as a policy goal is misguided, illogical and can lead to economic instability

The fashionable phrase substitutes a hired functionary for the class that hired him. That is not a shortcut to the masses. It is the abandonment of class analysis dressed up as radicalism

What do government deficits have to do with the money in our pockets? Returning guest Jim Byrne, of the MMT101.ORG podcast, joins Steve to demystify one of M...

Jim Byrne, of MMT101.org podcast, joins Steve to break down sectoral balances, the simple accounting identity that exposed the conditions leading to the 2008 crash. They look at what is revealed and concealed about who bears the cost when governments carry a budget surplus.

Jim Byrne, of MMT101.org podcast, joins Steve to break down sectoral balances, the simple accounting identity that exposed the conditions leading to the 2008 crash. They look at what is revealed and concealed about who bears the cost when governments carry a budget surplus.

Jim Byrne, of MMT101.org podcast, joins Steve to break down sectoral balances, the simple accounting identity that exposed the conditions leading to the 2008 crash. They look at what is revealed and c...

This week we’re having a long-overdue reunion with John T. Harvey, known to our listeners as the Cowboy Economist because of his plainspoken, accessible way ...

Recessions don't just happen. They're features of capitalism, not bugs. 🪲 John Harvey, everyone’s favorit Cowboy Economist, joins @Steven D Grumbine on Macro N Cheese to discuss his book US Business Cycles 1954-2020. The core argument: capitalist economies create structural unemployment independent of worker behavior or government budget constraints. Downturns serve a function. They discipline labor, suppress wages, and maintain the power structure. Harvey walks through post-Keynesian business cycle theory and contrasts it with mainstream economics, which literally assumes full employment in its models before doing any analysis. That's not economics. That's faith. The conversation covers why the job guarantee remains politically blocked despite fiscal capacity. It's not about affordability. A job guarantee shifts bargaining power to workers. It removes the threat of destitution that keeps wages down and workers compliant. Concentrated wealth opposes it for exactly that reason. Harvey and Steve also discuss economism as the religion of capitalism, how cultural hegemony operates through textbooks and television, the limits of electoral reform under oligarchy, and why World War II financing proves we've never been constrained by federal budgets the way we're told. The instability is endogenous. The unemployment is structural. The resources exist. We're choosing this. Worth hearing if you're tired of being told unemployment is about individual failure rather than system design.

Recessions don't just happen. They're features of capitalism, not bugs. 🪲 John Harvey, everyone’s favorit Cowboy Economist, joins @Steven D Grumbine on Macro N Cheese to discuss his book US Business Cycles 1954-2020. The core argument: capitalist economies create structural unemployment independent of worker behavior or government budget constraints. Downturns serve a function. They discipline labor, suppress wages, and maintain the power structure. Harvey walks through post-Keynesian business cycle theory and contrasts it with mainstream economics, which literally assumes full employment in its models before doing any analysis. That's not economics. That's faith. The conversation covers why the job guarantee remains politically blocked despite fiscal capacity. It's not about affordability. A job guarantee shifts bargaining power to workers. It removes the threat of destitution that keeps wages down and workers compliant. Concentrated wealth opposes it for exactly that reason. Harvey and Steve also discuss economism as the religion of capitalism, how cultural hegemony operates through textbooks and television, the limits of electoral reform under oligarchy, and why World War II financing proves we've never been constrained by federal budgets the way we're told. The instability is endogenous. The unemployment is structural. The resources exist. We're choosing this. Worth hearing if you're tired of being told unemployment is about individual failure rather than system design.

Drawing on his book US Business Cycles 1954–2020, John T. Harvey addresses a central contradiction: we have the money, resources, and economic tools to provide full employment and meet society’s needs, yet the structure of capitalism stands in the way.

An MMT podcast for the working class, not the billionaires.

An MMT podcast for the working class, not the billionaires.

They say the greatest trick the devil ever pulled was convincing the world he doesn’t exist. Capitalism pulled off something even trickier: convincing us it’...

Should schools teach our kids to question and transform society, or train them to accept capitalism as the natural order? Historian Andrew Hartman joins Steve to explore Cold War anti-communism.

Should schools teach our kids to question and transform society, or train them to accept capitalism as the natural order? Historian Andrew Hartman joins Steve to explore Cold War anti-communism.

Should schools teach our kids to question and transform society, or train them to accept capitalism as the natural order? Historian Andrew Hartman joins Steve to explore how Cold War anti-communism turned American classrooms into an ideological battleground.