Neoliberalism must be pronounced dead and buried. Where next? by Joseph Stiglitz, 5/30/2019

Neoliberalism must be pronounced dead and buried. Where next?
by Joseph Stiglitz, 5/30/2019

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“Standard economics is wrong. Inequality and unearned income kill the economy. It is time to rewrite the rules of capitalism. This is a flawed, unfair system that socializes economic losses and privatizes the gains.” (Joseph Stiglitz)

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3 Responses to Neoliberalism must be pronounced dead and buried. Where next? by Joseph Stiglitz, 5/30/2019

  1. Marc says:

    Time for Rethinking Economics

    “Can you hear the screaming men call silence?” is the first question in Werner Herzog’s “The Mystery of Kasper Hauser.” “Haven’t they experienced children who know poetry?” is the second question.

    Darkness means living without child care, fair minimum wage, protected social security, reduced working hours, 5-week annual vacations (as in Austria and many other countries), and community centers (like the 26 in Vancouver BC). Darkness means confusing means and ends, personal and public, part and whole and real and speculative, putting the cart before the horse and wondering why people live wasted traumatized and estranged lives.

    Herbert Marcuse warned of the one-dimensional society where criticism is taboo. George Orwell warned of newspeak and the rule of the Party. Fyodor Dostoevsky said people would surrender their freedom to the Grand Inquisitor for his promise of happiness. In his poem “The Egg,” Gunter Grass said humans were born in an egg and their whole life project was breaking the shell.

    Gothic rock comes to our rescue: Ministry’s “Victim of a Clown,” The Merry Thoughts’s “Second Generation,” Queens of the Stone Age’s “Smooth Sailing,” Project Pitchfork’s “Timekillers,” and Motorhead’s “Eat the Rich” and “Overkill”!

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