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