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Category Archives: Austerity
The Great Trump Show
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
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Capitalism as a Regressive Descent Society
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
Posted in Austerity, Political Theory
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“Punishing the Poor. The Neoliberal Government of Social Insecurity”
“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
Neoliberal Austerity Doctrine Leads to Deeper Crisis by Atila Kilic
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
Posted in Austerity, Neoliberalism
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Europe turn left!
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
Posted in Austerity, Neoliberalism, Political Theory
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Low Taxes is an Act of Desperation by Rudolf Hickel
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
Posted in Austerity, Neoliberalism
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Neoliberalism Blames Individuals for Inequality by Patrick Schreiner
Neoliberalism Blames Individuals for Inequality by Patrick Schreiner, March 13, 2014 http://la.indymedia.org/news/2015/09/291564.php In neoliberal theories, social justice is not a meaningful category and social inequality is a necessary result of market processes. Performance justice is a necessary illusion. Responsibility for … Continue reading
Posted in Austerity, Neoliberalism, trickle-down economics
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The end of capitalism by Paul Mason
The end of capitalism by Paul Mason, July 16, 2015, The Guardian http://www.theguardian.com/books/2015/jul/17/postcapitalism-end-of-capitalism-begun Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing … Continue reading
Jürgen Habermas’s verdict on the EU/Greece debt deal – full transcript
to read the full transcript published in The Guardian UK, July 16, 2015, click on http://www.theguardian.com/commentisfree/2015/jul/16/jurgen-habermas-eu-greece-debt-deal?CMP=share_btn_fb Guardian: What is your verdict on the deal reached on Monday? Habermas: The Greek debt deal announced on Monday morning is damaging both in … Continue reading
Posted in Austerity, Neoliberalism, Political Theory
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Austerity Policy as a Momentous Mistake
The IMF’s austerity policy of the last years was misguided. That austerity policy led to intensified growth declines and increasing unemployment and did not reach its goal of permanently calming the financial markets. Public investments could raise economic growth both … Continue reading
Posted in Austerity, Neoliberalism, trickle-down economics
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