Chicago economics — garbage in, gospel out Lars Syll “Every dollar of increased government spending must correspond to one less dollar of private spending. Jobs…
neoliberalism
‘Growth is one of the stupidest purposes ever invented by any culture. We’ve got to have an ‘enough’. Always ask growth of what, and why, and for whom, and who …
The post Humanity sits at a crossroads as politicians re-sell the politics of public austerity appeared first on The Gower Initiative for Modern Money Studies.
NYT headlines article “Public tired of ‘neoliberal’ policies designed to make the rich richer” – Dean Baker Of course, the New York Times did not…
The post NYT headlines article first appeared on Economic Reform Australia.“Never forget that the economy is a wholly owned subsidiary of nature”. Global Boiling – Kate Mackenzie and Tim Sahay Many of us have grown up with the story of …
The post Economic delusions cannot save us from the climate crisis and societal decay appeared first on The Gower Initiative for Modern Money Studies.
By Carlos García Hernández Originally published in Spanish on 1/7/23. Definition of a State: a territory with fixed borders under a central authority with the capacity to …
The post A practical exercise for the reconstruction of the Left appeared first on The Gower Initiative for Modern Money Studies.
MMT strips way the veil of neo-liberal ideology that mainstream macroeconomists use to restrict government spending. We learn that these constraints are purely voluntary and have no intrinsic status. This …
The post While opposing political parties play the fiscal credibility game, people get hurt. appeared first on The Gower Initiative for Modern Money Studies.
by Ben Clift* Political economy has long taken a keen interest in the politics of economic ideas, but considerably less attention has been paid to the politics of economic method. Method gets neglected as the technical realm within which, it is assumed economic ideas, once established, are implemented in straightforward fashion. In fact, economic method […]
Milton Friedman – one of the scholastic protagonists and machinists of Neoliberalism – wrote in the preface to the 1982 edition of Capitalism and Freedom, tutoring his disciples: “There is enormous inertia — a tyranny of the status quo — in private and especially governmental arrangements. Only a crisis — actual or perceived — produces […]
By Paul Street / CounterPunch The Capitalist Democrats… The Democratic Party is a militantly capitalist entity and always has been – and not just in the neoliberal era. The much beloved New Deal Democratic president Franklin Roosevelt, himself a wealthy member of the capitalist establishment, boasted that he had saved the US American profits system by overseeing […]
The post Why the Republi-Fascists Can’t Stop Calling the Capitalist Democrats ‘Marxists’ appeared first on scheerpost.com.