Keynesianism and MMT aren't exactly the same. I understand where one sees the similarities, but you don't have to rebrand it with something that already exists. It just muddies the water, like how people don't know the difference between Marxism and Communism. They are polar opposites, yet most ppl think they are synonyms.
The monetary model of Marxism is pretty much the monetary gold standard with decentralized government, and means of production largely owned by the workers (private sector & open economy).
Whereas Communism is a centralized government with very little private ownership.
Keynesianism is / was simply an effective way of stimulating a moribund economy. MMT is nothing more than tons of free helicopter money. And re Marxism vs Communism, you are so correct.
And let's also note that socialism and communism (particularly the Soviet style) are entirely different systems. Nowadays, clueless idiots often conflate the two, usually in order to fearmonger. But while there are no examples of successful communist states, there are plenty of examples of well-run, successful socialist states.
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