- Break away from conventional trickle-down economics.
A future-friendly economics is necessary, and possible.Poverty is man-made, and not inevitable.
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Monthly Archives: August 2020
Working hours: A four-day week by Heinz Bontrup, 8/17
Reducing working hours is a socio-economic investment that often brings better long-term health and more time sovereignty. A three-day or four-day workweek is the only way to ensure meaningful work to the rising generation. State or public employment is necessary … Continue reading
Save the Multnomah Library Staff www.savelibrarystaff.org
The library should be hiring additional staff to redress the unemployment and uncertainty caused by the coronavirus! Here is a letter I sent to http://savelibrarystaff.org: Public investment often seems to be the elephant in the room. The state should intervene … Continue reading
Posted in 2011
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Public housing was missed
You can waste 44 years in the Senate in public service and then cry the police are underfunded. That was Biden’s new theme yesterday to grab the police fanatic title from Trump. In truth, as Robert Reich reported, American taxpayers … Continue reading
Posted in 2011
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Europe needs an effective guarantee of youth solidarity
by Johann Bacher, Dennis Tamesberger and the Austrian blog awblog.at The Youth Guarantee could create an entry-level job market in the public or non-profit sector – in other words, jobs that serve the common good. It is the austerity policy … Continue reading
Posted in 2011
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Neoliberalism must be pronounced dead and buried. Where next? by Joseph Stiglitz, 5/30/2019
Neoliberalism must be pronounced dead and buried. Where next?by Joseph Stiglitz, 5/30/2019 “Standard economics is wrong. Inequality and unearned income kill the economy. It is time to rewrite the rules of capitalism. This is a flawed, unfair system that socializes … Continue reading
Posted in 2011
3 Comments
A fair and solid crisis financing by Philipp Gerhartinger and Joseph Voss, May-June 2020
The contrast between the EU and the US in COVID financing could hardly be greater. McDonald’s operators, Marathon Oil (over $400 million), Exxon, Chevron and Sea World received relief and will reduce their future tax payments. Tax gifts characterize the … Continue reading
How to generate unemployment and deflation by Heiner Flassbeck, Robert Reich and Alexander Neubacher. 7/31/2020
The theory put forward by fair-weather philosophers that the pandemic will be a salutary shock leading to a better, more sustainable world is wrong. Forced renunciation and economic decline do not make anything better. Less is not more, but less. … Continue reading