In the early hours of 9 September, the lawyer and taxi driver Jorge Humberto Ordoñez, father of two, was murdered by two National Police agents after 16 taser discharges and a beatdown, as he begged for his life. This crime, which was recorded by witnesses, was the straw that broke the camel’s back and pushed the masses into the streets against police brutality and in demand of effective action against massacres, unemployment and the COVID-19 pandemic.

Modern Monetary Theory has become in vogue on the left, as a supposed answer to the austerity agenda pursued by big business politicians. But the limits of a new book by a leading MMT proponent show why we need the ideas of Marxism.