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Recent Posts
- What are the Alternatives to Neoliberal Globalization? by Joachim Hirsch and Gert Ewen Ungar
- Ten Years After the Financial Crash by Rudolf Hickel, 2018 http://portland.indymedia.org/en/2019/02/437144.shtml US economic statistics are dubious since financial markets are based on financial products and money out of nothing. Tax havens, micro-second betting, stock buybacks, and corruption through lobbying are market-distorting and cause revenue shortfalls. Capitalism contains crisis as rain clouds contain rain (Jean Jaures). Capitalism is rife with contradictions where CEOs are stylized “job creators” and workers are degraded as “cost factors.” Capitalism creates false needs, false values, and false consciousness while commodifying all life and reducing our partner nature to an external, free good or sink (cf. Herbert Marcuse). Markets and competition are fetishes. Neoliberalism is an ideology and indoctrination where private wealth is everything and public good is nothing.
- Against Social Darwinism
- The Populist Makers and Dangerous Optimism
- The Attack of Corporations and the Rich on the Rest of Society by Heinz Steinert and Davut Col http://portland.indymedia.org/en/2019/01/437098.shtml
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- Marc on Against Social Darwinism
- Marc on The Attack of Corporations and the Rich on the Rest of Society by Heinz Steinert and Davut Col http://portland.indymedia.org/en/2019/01/437098.shtml
- Marc on The Social State is the Future
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Monthly Archives: November 2016
Why Mainstream Economists are Responsible for Electing Donald Trump
Why Mainstream Economists are Responsible for Electing Donald Trump by David Ruccio, Nov 2016 http://evonomics.com/mainstream-economists-responsible-electing-donald-trump/ My argument is that, when mainstream economists in the United States embraced and celebrated neoliberalism—both the conservative and “left” versions—they created the conditions for Trump’s … Continue reading
Posted in Neoliberalism, Political Theory
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The ABCs of Meaningless Economic Phrases
The ABCs of Meaningless Economic Phrases by Rudolf Hickel and Heinz J. Bontrup http://portland.indymedia.org/en/2016/11/433826.shtml The most common myths start from the tax state that burdens the economy, the housework ordered by the state (save,save,save) to the Schwabian housewife prescribing the … Continue reading
Posted in Neoliberalism, trickle-down economics
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Public Risks, Private Profits, and Prosperity
Public Risks, Private Profits, and Prosperity by the Association for Plural Economics and Sven Hergovich http://portland.indymedia.org/en/2016/11/433779.shtml All personal and corporate achievements are based on state investments in roads, schools, hospitals, community centers, airwaves, food safety, and water quality. The Apples … Continue reading
Myth: The Public Service Sector is Inefficient and Much Too Expensive
Sven Hergovich is an Austrian economist who urges rethinking prosperity and the relation of economics and ecology. to read his article “Myth: The Public Service Sector is Inefficient and Much Too Expensive” published in March 2014, click on https://www.indybay.org/newsitems/2016/11/07/18793168.php Privatizations … Continue reading
The Consequences of a Trump Shock by Simon Johnson
Simon Johnson, a former chief economist of the IMF, is a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario. He is the co-author, with … Continue reading
Posted in 2011
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Keep Hope Alive, Not Gambling!
Keep hope alive, not gambling! Shriveling the financial sector and expanding the public sector are incontestible lessons from the 2008 financial meltdown. The time is right for alternative economics, reducing working hours. person-oriented work, labor-intensive investment, environmental caring, community centers, … Continue reading