The Crises of Today’s Economy by Ulrike Herrmann and Stephan Schulmeister

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The Crises of Today’s Economy
by Ulrike Herrmann and Stephan Schulmeister

http://portland.indymedia.org/en/2016/09/433137.shtml

Struggling for basic rights through middle-class revolutions and for the social state through workers’ movements are the most important examples of the emancipation process.

The market is not a subject but an instrument. Nevertheless “the primacy of the market” has replaced “the primacy of politics.” Neoliberalism actually serves the interests of finance capital. A doctor whose therapy causes sickness cannot understand this. Therefore our elites are in great distress and urge more market and more counter-enlightenment.

Ulrike Herrmann is an author and the economics editor of taz.de. Stephan Schulmeister is an author and critical economic researcher in Austria.

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