Both Germany and the US follow an economic policy without enlightenment. Slight economic stimulation will not solve problems of mass unemployment and corporate welfare. Tax evasion of corporations and tax cuts for the super-rich lead to suffering and a revenue crisis.
Economists Argue over Distribution Question (tags)
More and more economists take distribution questions seriously. When inequality becomes too great in a national economy, the economy becomes unstable. Private indebtedness and income inequality massively increased in the US Financial markets uncoupled from real economy
Attack on Democratic Traditions (tags)
The situation of the US public budget is really dramatic. This indebtedness is the result of excessive military spending and the neoliberal policy launched at the beginning of the 1980s. A progressive counter-movement in the form of a broad Obama coalition is emerging.
Education of the Homo Oeconomicus (tags)
The school system should not only produce students with a narrowed economic view. Society consists of more than the sum of benefit-maximizing individuals.An economic system with fewer income differences, regulated financial markets and welfare state brings greater stability.