fix articles 224075, stagnating economies Los Angeles Indymedia : tag : stagnating economies

stagnating economies

Capitalism Can Be Cured (tags)

"The Occupy movement protests worldwide against the power of banks. The Indignados in Spain demonstrate against the system that gives them this crisis and high unemployment. No saying has been criticized more vigorously than Margaret Thatcher's `there is no alternative'."

Bankers, Hear the Signals! (tags)

The people may freely elect their governors. But the game ends whenever they want to force a redistribution of social wealth-even if the economic system only functions with redistribution. Democracy is social action, not a gift or a state (of rest).

The Systemic Causes of the Crisis (tags)

The crisis is 30 years old, not 4 years old. The causes of the crisis can be found in the real goods-producing economy, not in the financial markets. The wildly proliferating financial markets did not drag the industry into crisis but kept alive the industry through credit-financed demand.

Collapsing Debt Towers (tags)

The crisis is 30 years old, not three years old. The causes of the crisis should be tracked down in the real goods-producing economy, not in the financial markets. The financial markets were keep alive up to the collapse of the speculative bubble by credit-financed demand.

Stagnation as a Trend-Life with Satiated Markets, Stagnating Economies and Reduced Work (tags)

45 years ago JKGalbraith was shocked at the public squalor alongside private affluence. In 2008-10 trillions were given to banks and Wall St. so private losses became public losses. By relieving corporations of taxes, neoliberal supply side strategy worsens growth and employment.

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