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lukas oberndorfer

What is a Crisis? A Retrospect on the 2008 Economic and Financial Crisis (tags)

The economic guild interprets crisis through an ideological lens. The financial crisis is redefined as a state debt crisis. Illuminating the systemic causes of crisis or discussing the crisis proclivity of the capitalist system is not possible anymore.

Economic Stagnation and its Mastery (tags)

Corporate profits explode while investments stagnate.Social housing declines with privatization. According to neoliberal theory, higher profits lead to grater investments and more jobs. In truth, higher profits lead to more use of tax havens and companies buying back their stock.

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