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Macro N Cheese

Steven D Grumbine

A podcast that critically examines the working-class struggle through the lens of MMT or Modern Monetary Theory. Host Steve Grumbine, founder of Real Progressives, provides incisive political commentary and showcases grassroots activism. Join us for a robust, unfiltered exploration of economic issues that impact the working class, as we challenge the status quo and prioritize collective well-being over profit. This is comfort food for the mind, fueling our fight for justice and equity!

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  • 22 episodes
  • weekly
  • Avg 1 hr 6 min
  • English

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Episodes 22

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  • #376
    April 18 · 1 hr 2 min

    Ep 376 - Modern Monetary Theory & the Question of Democracy with Jim Byrne

    ** Questions about MMT? Thoughts about the episode? Come to our online gathering, Macro ‘n Chill. Tuesday, April 21, 8pm ET/5pm PT. Use this link to register: https://us06web.zoom.us/meeting/register/RkspaP0RSNajdc69bqUmkA Jim Byrne of MMT101 is back for a conversation that moves beyond the technical mechanics of Modern Monetary Theory to ask the tough questions. While affirming MMT’s core insight that a currency-issuing government doesn’t face financial constraint, only real resource limits, they argue that this knowledge is politically neutered by the structures of capitalism. Jim lays out a clear, accessible primer on how money actually works and breaks down the scarcity myth. But the real question isn’t can governments act, it’s who they serve when they do. Looking at the failure of bourgeois democracy, they talk about cultural hegemony and neoliberal ideology as well as class struggle vs. gradualism. The discussion touches on Scotland as a colony of Westminster and the limits of referendums under an imperial state structure. Ultimately, this is a dialogue that pushes beyond MMT’s insights and asks whether those tools can mean anything without a rupture in the underlying political and economic order. Jim Byrne has developed an MMT foundation course aimed at beginners and intermediate learners as well as people who already know about economics but are curious about Modern Monetary Theory. Follow his work and the MMT101 podcast at mmt101.substack.com @MMT101DotORG on X

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  • #375
    April 11 · 1 hr

    Ep 375 - (R)evolutionary Struggle with Steve Grumbine

    ** This week’s Macro ‘n Chill might shake us up. Some of us, at least. Come discuss the episode with the community. Tues, April 14, 8pm ET/5pm PT. Use this link to register: https://us06web.zoom.us/meeting/register/PIf2VnjBS-mwX-Bd4BwWYQ In a solo episode, Steve sets out to describe and explain some of the shifts in direction for Real Progressives and the podcast, mirroring his own changing perspective. He reflects on a decade or more of championing Modern Monetary Theory, while grappling with a dawning realization. Despite MMT’s crystal clear insights into sovereign currency with the potential for popular federal programs and public investment, the political system itself is a scam. He describes a journey of discovery (yeah, we know that sounds corny) peeling away the layers to explain the Gilens and Page study and global events. Gaza, US foreign policy, austerity, racism, empire, ramping up of brutal law enforcement within the US... each question leads to another. Weekly guests for Macro N Cheese help provide answers. Significantly, they contribute to the building of an analysis. Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. Accepting that the US is not a functioning democracy but an oligarchy serving capital, Steve critiques electoralism as a false promise and diversion. He calls for building parallel institutions and class consciousness over 'vote harder' strategies. Real Progressives remains rooted in MMT while integrating revolutionary theory, resistance, and an unsentimental understanding of capitalism. Steve Grumbine is founder and CEO of Real Progressives and host of Macro N Cheese podcast. Find his work at realprogressives.org and realprogressives.substack.com @sdgrumbine on X

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Showing 21–22 of 22 episodes