fix articles 283168, by norbert reuter Los Angeles Indymedia : tag : by norbert reuter

by norbert reuter

Growth Criticism and Social-Ecological Transformation (tags)

Unlike a chair, an idea can be shared by a whole people. Words can be like spears breaking frozen souls. (Kafka) Education is the great transformer (John Kenneth Galbraith). Economics as taught today is like brainwashing. (Ulrich Thielemann) Incentives to investing in the real economy are vital after the phase of credit- and bubble prosperity.

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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