Category Archives: Austerity

More Public Investments are Sensible and Necessary

Posted on June 22, 2018 by Marc

More Public Investments are Sensible and Necessary by Philipp Heimberger, September 2016 https://www.indybay.org/newsitems/2018/06/22/18815874.php The state often takes risks when private parties are timid. Low-interest rates create possibilities for expansive budgetary policy. Public investment in the infrastructure and education could benefit … Continue reading →

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Trade War and Zero Deficit Myth

Posted on June 1, 2018 by Marc

Trade War and Zero Deficit Myth by Stephan Krull and Beigewum Austria https://www.indybay.org/newsitems/2018/06/01/18815373.php State debts are often necessary and are not automatically bad economically. Investments are prerequisites of future prosperity. When private parties spend too little, the state must step … Continue reading →

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A Year of Trump and Right-wing Populism

Posted on February 5, 2018 by Marc

A Year of Trump and Right-wing Populism by Conrad Schuhler, January 2018 http://portland.indymedia.org/en/2018/02/435486.shtml In the GOP tax bill, $5 trillion is given to households with over $1 million income. Seniors, the poor, children and students are attacked. The severe cuts … Continue reading →

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The Democrats must draft an alternative tax bill!

Posted on October 9, 2017 by Marc

https://www.commondreams.org/views/2017/10/05/lets-talk-about-what-we-really-want-tax-reform Do we live in the Humpty Dumpty world – where words mean what he says they mean? The Republican $4.2 trillion tax bill is sadism, greed, and chaos. Trillions are cut from Medicaid and Medicare; savage cuts are made … Continue reading →

Posted in Austerity, Political Theory, Reducing Inequality/ Redistribution | Leave a comment

The Great Trump Show

Posted on June 11, 2017 by Marc

The Great Trump Show by Daniel Leisegang, blaetter.de http://www.indybay.org/newsitems/2017/06/11/18800091.php The bizarre billionaire becomes an epic disaster when regulation is demonized, social necessities like food stamps and Medicaid are cut in the hundreds of billions and taxes for corporations may be … Continue reading →

Posted in Austerity, Political Theory, trickle-down economics | 1 Comment

Capitalism as a Regressive Descent Society

Posted on June 1, 2017 by Marc

Capitalism as a Regressive Descent Society. Review of Oliver Nachtwey’s “The Descent Society” by Julian Bierwirth http://www.indybay.org/newsitems/2017/06/01/18799849.php The escalator is going down and no longer up as in the “social modern age.” The social trend drives toward precariousness and the … Continue reading →

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“Punishing the Poor. The Neoliberal Government of Social Insecurity”

Posted on May 24, 2017 by Marc

“Punishing the Poor. The Neoliberal Government of Social Insecurity” by Loic Wacquant, 2009, 211 pages, a John Hope Franklin book https://libcom.org/files/Lo%C3%AFc%20Wacquant%20-%20Punishing%20the%20Poor.pdf Public goods and social capital are missing in some American ghettos so “public institutions act as negative social capital … Continue reading →

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Neoliberal Austerity Doctrine Leads to Deeper Crisis by Atila Kilic

Posted on May 22, 2017 by Marc

Neoliberal Austerity Doctrine Leads to Deeper Crisis by Atila Kilic, 11/8/2013 http://www.indybay.org/newsitems/2017/05/22/18799637.php A high state share in the economy, developed social states, and readiness to intervene actively and anti-cyclically prevent falling into a depression. In neoclassicism, high public indebtedness was … Continue reading →

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Europe turn left!

Posted on March 29, 2017 by Marc

www.europeturnleft.eu Topics overview Introduction into the thematic areas – Europe swing to the right – fight back! – Fortress Europe – refugees welcome! – Neoliberalism in Europe – stop austerity – New social movements in Europe – organize the change … Continue reading →

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Low Taxes is an Act of Desperation by Rudolf Hickel

Posted on December 20, 2016 by Marc

Low Taxes is an Act of Desperation by Rudolf Hickel, 12/14/2016 http://portland.indymedia.org/en/2016/12/433969.shtml A low business tax can be counterproductive if a deadbeat infrastructure arises through lower state revenues. Ronald Reagan tested this in the US and the result was higher … Continue reading →

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