- Break away from conventional trickle-down economics.
A future-friendly economics is necessary, and possible.Poverty is man-made, and not inevitable.
Produced by a myopic worldview, there is an alternative.
Monthly Archives: May 2013
Joseph Vogt on the Demystification of the Market
THE DIABOLICAL HAND – JOSEPH VOGL ON THE DEMYSTIFICATION OF THE MARKET Despite all the crises that have shaken the world economy and financial system, the idea still appears to be widespread that the market is not only a place … Continue reading
Posted in Neoliberalism
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Economic Ethics After the Crisis by Peter Ulrich and VIDEO: Systemic Malfunctioning of the Labor and Financial Markets, Heiner Flassbeck, 16min
Peter Ulrich is an emeritus professor of Economic Ethics at the University of St. Gallen, Switzerland, and author of Integrative Economic Ethics (2008). The economy should be embedded in society; society should not be embedded in the economy. The myth … Continue reading
Posted in Alternative Economics
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The Elite Look Down on Democracy
“The thought-models of the economy have conquered practically all other social sciences. The person in these models is a homo oeconomicus, a rational agent whose only drive is maximizing his benefits in the sense of egoism. In this view of … Continue reading
Posted in Political Theory
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The lessons of the North Atlantic crisis for economic theory and policy – Joseph Stiglitz
The world has seen a hundred financial crises in the past three decades. In this column, Nobelist Joe Stiglitz argues that we could have done much more to prevent this crisis and to mitigate its effects. Looking ahead, we can … Continue reading
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The State Should Rescue the Market Economy, April 2013
“A balance recession is more than a temporary slump of the economy. During a balance recession, private economic actors try to reduce their debts. Debts are minimized instead of businesses taking credits to finance production and maximize profits… The cheap … Continue reading
Posted in Political Theory
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VIDEO: Michael Higgins, “The Future of the European Union,” 32min
to watch the 32-min video from CSPAN on “The Future of the European Union,” April 17, 2013, click on http://www.c-spanvideo.org/program/312353-1 Address by President Michael D. Higgins ‘Towards a European Union of the Citizens’ European Parliament, Strasbourg, Wednesday, 17th April, 2013 … Continue reading
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The Competition Ideology as the Greatest Evil of our Age and The Structural Communality of the Commons
“The competition ideology has been hammered into our heads for thirty years. Claiming better outcomes are generally realized when everything is poisoned by the competitive is pure ideology. Competition that exceeds the limits of its useful fields orders murderous measures.” … Continue reading
Posted in Neoliberalism
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