Lockdown light - Corona crisis and capitalism (tags)
The pandemic and countermeasures have effects shaped by the neoliberal form of capitalism[ that has dominated since the 1980s. 1.the independence of the financial sphere ,2.the fragmentation of the labor markets, and 3.the weakening of social systems.
Toward a new economic policy paradigm (tags)
Over the years, the institutionally enshrined budget discipline has created a considerable investment backlog. Important investments in infrastructure, education and climate protection have not taken place.
The Cure is the Sickness, 2001 (tags)
"Good policy" in the sense of the Washington Consensus can be paraphrased with these ten principles. The key to development successes lies only in a correct policy mix. Development backlogs, continuing poverty and so forth are referred back everywhere to "bad policy".
"We live in an unstable world, and the instability is going to increase. it is a world where a billion people feel hungry everyday, and the hunger is going to increase. In mid 2007, a number of banks suddenly discovered they could not balance their books and stopped lending..."
The BRIC - States: World Economy on a Silk Thread (tags)
In 2013 for the first time since the beginning of European industrialization, the production volumes of the threshold- and developing countries will surpass the volumes of the triad. Sinking real investments is true for all `developed' countries.
The IMF Dictates More Than Ever (tags)
"Many developing countries that were independent in food production at the start of the 1980s import food necessary for their populations today. The subsidized agriculture of western countries has flooded the cou9ntries of the South. Haiti imports the rice that it once cultivated.."
Caught in the Infinite Loop of a Nightmare (tags)
Since politics has no strategies of its own to re-stabilize the economic system, it hopes in the self-healing powers of the market after the bank bailout... The hosts of decision-makers were simply "falsely programmed" in their education.
VIDEO: How to Get Our Democracy Back (tags)
"At the center of our government lies a bankrupt institution: Congress."
"We are in the Greatrest Financial Bubble of all Time" (tags)
"An old world perishes as a new world arises-pictorially comparable to a caterpillar that dies because the butterfly comes to life. What is called financial crisis is only a superficial symptom.. One of the main causes of the debacle is the Americanized corporate governance." (F.Malik)
Ten Years After Seattle (tags)
We must develop a new strategy for the movement. Neoliberal policy destroys the idea of the public. Neoliberalism privatizes and instrumentalizes production, communication, language and emotions. We should prepare for a long phase of barbarism and violence.
Elite democracy leads to corruption of wealth distribution, language and community. "We must be wounded to be healed" (Dorothee Soelle).
Biblical Sabbath Economy (tags)
Franz Segbers insists the Biblical Sabbath economy cares for the oikos, not speculation and accumulation When the right of speculation trumps the right of housing, we end up protecting the sharks from the sardines (cf "Housing as a Human Right")
The Cart in the Speculative Mud (tags)
Liberalizing markets leads to instability, not growth. Developing and thresholdc countries suffer grievously through US speculation. The New Year is a time to abandon myths of American exceptionalism and corporate beneficence, mending our own pockets and footprints.