fix articles 127929, growth pact
The state must cushion the economic impact (tags)
Heiner Flassbeck expects a slump of the German GDP of 20-30%, Neither Trump nor Merkel said a word about stabilizing the economy. You can't just shut down the economy and then hope nothing happens. Companies, banks and people must be supported. Money must go to those now becoming unemployed..
The Job Guarantee in the Corona Pandemic (tags)
If the tax system is not reformed in an equitable manner, this will probably mean 10 to 20 years of cutbacks, starving basic services such as education, health, and care, as was the case in many European countries after the 2008 financial crisis.
The Financial Crisis in the Light of the Social Market Economy (tags)
In 2007 and 2008 the US housing market almost completely collapsed. The crisis was brought about by a combination of state- and market failures. Extensive deregulation and violation of the liability principle were jointly responsible.
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.
Can Keynes Rescue Europe from the Euro Crisis? (tags)
Keynes' theories and concepts were pushed back with the rise of neoliberalism in the 1980s. A complete change of course occurred when state spending cuts, lower wages and devaluations failed. The state spent money to create demand for products and services.
Another Road for Europe (tags)
Europe is in crisis because it has been hijacked by neoliberalism and finance. Along the road to another Europe, visions of change, protest and alternatives have to be woven into a common framework. Finance should be prevented from destroying the economy.
A Financial Boom Despite the Crisis (tags)
For the banks, deficit state budgets become important clients. They compensate the private demand for credit. The financial boom is completely based on support measures of state organs. An economic upswing is not in sight.