Author Archives: Marc

Rethinking Prosperity

Rethinking Prosperity Maybe our thinking about prosperity needs radical reconfiguration. The Gross Domestic Product measures everything but what makes life worthwhile said Bobby Kennedy. Unlike a chair, an idea can be shared by a whole people. Time for alternative economics, … Continue reading

Posted in Bob Dylan, Political Theory, Reducing Inequality/ Redistribution, Reducing Working Hours | Leave a comment

No Redistribution Without the Social State and Distribution Debate Picks Up Speed

to read the translated articles by Norman Wagner and Matthais Schnetzer, visit http://portland.indymedia.org/en/2014/10/428387.shtml In Austria, 30% of the gross domestic product is spent on social services (not including education spending)… Since the 1990s, social security has been increasingly discussed as … Continue reading

Posted in Reducing Inequality/ Redistribution, Thomas Piketty | Leave a comment

The Inheritance of Inequality and Rethinking Growth

The economy exists for people, not vice versa. The economy should be a part of life, not a steamroller crushing self-determination and creativity. The economy should be embedded in society; society should not be embedded in the economy. Social and … Continue reading

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From real capitalism to finance capitalism and (hopefully) back – the role of the navigation map by Stephan Schulmeister

From real capitalism to finance capitalism and (hopefully) back – the role of the navigation map by Stephan Schulmeister, Austrian economist, May 22, 2013 http://stephan.schulmeister.wifo.ac.at/fileadmin/homepage_schulmeister/files/Navigation_Leipzig_22_06_13_ohne_verk.pdf http://dissidentvoice.org/2011/06/some-big-things-ha-joon-chang-doesn%E2%80%99t-tell-you-about-capitalism/

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New Economy and New Prosperity by Cordula Drautz

The idea that the economy must be embedded in the normative order of society underlay the whole political economy of classical authors around Adam Smith, John Stuart Mill and Thomas Robert Malthus… In the current debate, there is a great … Continue reading

Posted in Alternative Economics, Environmental Economics | Leave a comment

Video: John Paul Stevens on BookTV, 56 min

Video: John Paul Stevens on BookTV, 56 min, last broadcast on September 1, 2014 Justice John Paul Stevens was an associate justice of the U.S. Supreme Court from 1975 to 2010. He was appointed by President Gerald Ford and was … Continue reading

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Thomas Piketty’s 1-hour 2014 Presentation

to hear Thomas Piketty’s 1-hour 2014 presentation on inequality of incomes and assets, click on http://mediapage.rtcnow.com/event/akwien/140704-piketty/en

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Free Trade Agreement TTIP Endangers Democracy

Free Trade Agreement TTIP Endangers Democracy Investor courts of arbitration create an exclusive special right for foreign corporations. They could demand unlimited compensation when they see profits narrowed by democratic decisions. The lawsuits will be decided by economic lawyers changing … Continue reading

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I Spend, Therefore I Am

I Spend, Therefore I Am by Edward Skidelsky to read Edward Skidelsky’s review of Philip Roscoe’s book published January 21, 2014 in The Guardian, click on http://www.theguardian.com/books/2014/jan/23/spend-therefore-philip-roscoe-review I Spend, Therefore I Am is a splendid denunciation of the dismal science … Continue reading

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The unconditional basic income – a social concept for Europe, 38pp

The time is right for alternative economics after the “money-out-of-nothing” phase. The financial markets must be shrivelled and the public sectors expanded. Profit-making is different than profit-maximizing. Economics as now taught is like brainwashing (cf. Christoph Thielemann). The neoliberal model … Continue reading

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