Couldn’t possibly agree more that current theory is flawed and that austerity is a complete inversion of correct policy. However, present heterodox reforms are just that, reforms, structural reforms. What we actually need is to integrate a new monetary paradigm and reflective policies into the present debt based money system. Doing so would enable us to accomplish more of the agendas of both the left and the right than their continual contention has given us for 80 years, and would greatly stabilize national and international macro-economics as AI erodes aggregate demand at rates higher than it ever has before.