Economist Hans Christoph Binswanger and his views (tags)
He has always been a maverick. In the seventies and eighties Hans Christoph Binswanger taught economics at the Swiss Unviersity of St. Gallen.. Capitalism has to be reformed so it will be less aggressive and less vulnerable for crisis.
"The logic of the stock corporation leads to all profits ultimately being used to raise the stock price which promotes speculation." The only way to solve mass unemployment, destruction of the environment and trade imbalance is to break out of the system and pursue qualitative growth."
Growth in justice, opportunity and environ-mental caring requires identifying blind spots and abandoning myths. Economists must learn to subtract. The state must control the market so everybody shares in wealth and increased productivity.