fix articles 114130, peter bofinger Los Angeles Indymedia : tag : peter bofinger

peter bofinger

Competition Ideology and Power Reality (tags)

Competition cannot be an end-in-itself. Uncontrolled private power leads to misuse. Uncontrolled competition increasingly destroys itself through concentration and centralization processes. Bastard Keynesianism helps the banks. People diverted from real cause of crises

The ABCs of Meaningless Economic Phrases (tags)

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 austerity creed. Politics must tend to every need of capital as a scared doe and therefore lower taxes.

Manipulation of Public Opinion (tags)

Timocracy-rule of the propertied-threatens to replace democracy. The large majority is blocked from political participation and from forming their social future-unlike what was intended in the model of the majority principle in democracy.

Memorandum 2015 (tags)

For 40 years, the Bremen study group has published memorandums. The council of experts promoted the profits of businesses, not aggregate economic demand. Mass unemployment surpassed the 5 million mark because of neoliberal structural reforms.

On the Solutions of Liberal Economists (tags)

The crisis has shaken economics to its foundations. The neoliberal mainstream has lost its support; economists alternate between self-doubt and arrogance. Once they believed in the rationality of economic actors and markets and the notion that financial management exists to serve the real economy.

Medrciless Samaritans and 10 Causes of the Crisis (tags)

"There is no society. There are only individual men and women," said Margaret Thatcher. Margaret Thatcher, the former British Prime Minister, had a great share in the crisis in which Europe, capitalism and democracy find themselves.

Dominant Economy Pretends Its Breakdown Was Unforeseeable (tags)

The consensus of the past two decades on how the macro-economy functions is shattered. The breakdown of the dominant economy is a consequence of the financial crisis, the "great shock."

The World is Out of Joint (tags)

The financial crisis has become a state debt crisis. "The rise of democracy was not possible without the social and legal civilizing of capitalism. The deregulation euphoria of democratic governments made possible the incredible ascent of the financial oligarchy."

"We are in an epoch shift" (tags)

Free markets became wild markets. The post-socialist blessing became the turbo-capitalist curse. The state allowed the monitoring of banks to be de facto privatized. Politics allowed the markets to run wild. In turbo-capitalism, contracting debts was trendy and saving was Philistine.

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