Capial in the 2020s (with Thomas Piketty) (tags)
Inequality is not an accident. It’s not like the weather. It actually is being driven by the way capitalism is functioning. You know what we need? We need state intervention, we need government action, and we need that to be very, big. He proposes a wealth tax of 2 percent.
Who can afford capitalism anymore? and Why are prices rising? (tags)
When the state now debates the need to create relief packages for employees, pensioners, unemployment benefit recipients, trainees and families, this is official confirmation that the result of wage labor is also poverty. The majority of citizens find themselves in a dual role...
Raising interest rates to fight inflation is a crazy idea (tags)
A wrong analysis of the causes of inflation leads to wrong countermeasures. Wage restraint means a loss of purchasing power and does not change the increased energy prices. Higher interest rates will make loans more expensive, lead to less investment, eg renewable energies.
US Economy: False Diagnoses and False Solutions (tags)
Hillary Clinton's and Donald Trump's economic plans are too simplistic. Innovations and ideas are lacking. Many people despair. Washington did not always ignore the middle. FDR's New Deal built 165K public buildings.
Everyone could work less instead of terminating people. Ways could be organized through shared activity for using the gained freedom in services of everyday life...Breaking with the disastrous logic of competition and money is int he interest of the life, peace and happiness of people today.
Bailout Fraud and Unaccountability (tags)
fraud
Video: Easier to Attack the Weak than the Wealthy (tags)
Rob Johnson discusses the real debt crises of runaway medical costs and the demographics of baby boomers. American health care is twice as expensive as Germany and Sweden. The policy of concentrated interests prevails.