- 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: October 2014
Rethinking Prosperity
Rethinking Prosperity Maybe our thinking about prosperity needs radical reconfiguration. The Gross Domestic Product measures everything but what makes life worthwhile said Bobby Kennedy. Unlike a chair, an idea can be shared by a whole people. Time for alternative economics, … Continue reading
No Redistribution Without the Social State and Distribution Debate Picks Up Speed
to read the translated articles by Norman Wagner and Matthais Schnetzer, visit http://portland.indymedia.org/en/2014/10/428387.shtml In Austria, 30% of the gross domestic product is spent on social services (not including education spending)… Since the 1990s, social security has been increasingly discussed as … Continue reading
The Inheritance of Inequality and Rethinking Growth
The economy exists for people, not vice versa. The economy should be a part of life, not a steamroller crushing self-determination and creativity. The economy should be embedded in society; society should not be embedded in the economy. Social and … Continue reading
From real capitalism to finance capitalism and (hopefully) back – the role of the navigation map by Stephan Schulmeister
From real capitalism to finance capitalism and (hopefully) back – the role of the navigation map by Stephan Schulmeister, Austrian economist, May 22, 2013 http://stephan.schulmeister.wifo.ac.at/fileadmin/homepage_schulmeister/files/Navigation_Leipzig_22_06_13_ohne_verk.pdf http://dissidentvoice.org/2011/06/some-big-things-ha-joon-chang-doesn%E2%80%99t-tell-you-about-capitalism/
Posted in Financial Market Capitalism
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New Economy and New Prosperity by Cordula Drautz
The idea that the economy must be embedded in the normative order of society underlay the whole political economy of classical authors around Adam Smith, John Stuart Mill and Thomas Robert Malthus… In the current debate, there is a great … Continue reading