Hernandez, Carlos Garcia
Fiat Socialism
- ISBN 13:
- 9783944203508
- author:
- Hernandez, Carlos Garcia
- format:
- Paperback
- publisher:
- Lola Books
- language:
- English
- Publication Year:
- 2023
- Pages:
- 360
- Dimensions:
- 21.6 x 13 x 2.2 centimetres (0.4
- Genre:
- Business, General, Nonfiction,
- Condition:
- New
- Availability:
- Item usually sent within 2 working days
Description
Fiat Socialism: Achieving the Goals of Socialism Through Modern Monetary Theory by Carlos García Hernández offers a fresh perspective on socialism and its relationship with modern monetary theory. The author argues that socialism should be based on normative assumptions, rather than historical or Hegelian approaches. By exploring the connections between fiat socialism and modern monetary theory, García Hernández aims to achieve full employment of real resources without creating inflation. This approach is seen as a means to further the ends of socialism, rather than an end in itself. The book provides a unique analysis of how socialism can be achieved through a method of directing full employment without inflation. A key aspect of fiat socialism is its focus on combating the abuses inherent in the capitalist system of production. García Hernández's work presents a compelling argument for why socialism is a necessary response to neoliberalism, and how it can be achieved through a nuanced understanding of modern monetary theory.