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Category Archives: trickle-down economics
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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Ethics and the Profit System: Global Change of Values Necessary
Ethics and the Profit System: Global Change of Values Necessary by Conrad Schuhler, Sept 25, 2016 http://portland.indymedia.org/en/2016/10/433433.shtml Profit-making is not profit-maximizing. From the magic word profit-mongering is derived the absurd unequal distribution of wealth, the cheating of consumers, the exploitation … Continue reading
Our Neoliberal Nightmare: Hillary Clinton, Donald Trump and Why the Wealthy Win Every Time
http://www.truth-out.org/opinion/item/36376-our-neoliberal-nightmare-hillary-clinton-donald-trump-and-why-the-wealthy-win-every-time?tmpl=component&print=1 Anis Shivani’s article published in truth-out.org on June 10, 2016: “Absent the neoliberal framework, we simply cannot grasp what is good or bad for citizens under Cruz versus Trump, or Clinton versus Sanders, or Clinton versus Trump, away from … Continue reading
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The state should represent the public interest
The risk managers turned out to be the risk creators! The goat pretended to be the gardener! Corporatists turn private risks into public risks and put the cart in front of the horse and wonder at the destruction! Bernie could … Continue reading
The Language of Neoliberalism
to read this book review of “Imagine Economy. Neoliberal Metaphors in Political-Economic Discourse” by Sebastian Friedrich, click on http://portland.indymedia.org/en/2016/05/432329.shtml Knowledge enables people to interpret reality. Metaphors and pictures give things a new meaning and can change reality when people act … Continue reading
Catch the Bern – The Impossible becomes the Inevitable
Hope, one world where many worlds fit and where everyone has a place (Zapatistas), is the radical hope of system change and is not incremental or cosmetic change Capitalism contains crisis as rain clouds contain rain (Jean Jaures in the … Continue reading
Freedom and the Market
Neoliberalism as a movement and an ideology is a world of ideas where egoism and personal responsibility are celebrated; the social is faded out and no place exists for solidarity and social balance. Neoliberalism is based on an ideology of … Continue reading
Criticism of Market Theory and Market Ideology
to read Franz Garnreiter’s 2013 article, click on http://portland.indymedia.org/en/2015/12/431169.shtml A STATE IS NECESSARY A real market economy functions so very differently than the harmonic optimal conceptions of market theoreticians. The economic freedom of the competitively strong turns so massively against … Continue reading
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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Patients are not Consumers
to read the articles by Hartmut Reibners, Tom Berthold, Sven Giegold and Dierk Hirschel from 6/2015,click http://portland.indymedia.org/en/2015/08/430358.shtml Patients are not Consumers Mainstream economics is always based on the idea of homo oeconomicus, an egoist who maximizes his own advantages. In … Continue reading