Author Archives: Marc

Why Austerity Kills by Joachim Kasten

http://portland.indymedia.org/en/2014/11/428596.shtml Political-economic decisions decide over the life and death of people. These are the misguided decisions of politicians and managers sacrificing people in the US, Russia, Thailand and Greece. The New Deal stands for an effective debt reduction, not only … Continue reading

Posted in Austerity, Reducing Inequality/ Redistribution | Leave a comment

Stop the TTIP!

TTIP stands for “Transatlantic Trade and Investment Partnership” and is also known as TAFTA, Transatlantic Free Trade Agreement. It is a free trade agreement of 800 million that has been secretly negotiated since June 2013. Corporate groups or multinationals dominate … Continue reading

Posted in TTIP - Free Trade agreement | Leave a comment

The Myth of the Unexpected Crisis and Security by Tobias Straumann and Georg Seesslen

Many knew the rise of housing prices for years had to end some time or other.. Four theses explain why the Fed was not active during the real estate boom: power of lobbyists, market ideology, trust in abstract academic models … Continue reading

Posted in Neoliberalism, Political Theory | Leave a comment

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

Posted in Alternative Economics, Reducing Inequality/ Redistribution | Leave a comment

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/

Posted in Financial Market Capitalism | Leave a comment

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

Posted in Political Theory | Leave a comment

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

Posted in Thomas Piketty | Leave a comment