Author Archives: Marc

Profit-Making is Different Than Profit-Maximizing by Ulrich Thielemann

Profit-Making is Different Than Profit-Maximizing by Ulrich Thielemann Discussions of jobs and the economy are often marked by trivialization, distortion, unreality and wishful-thinking. The neoliberal model promotes profits, not investments and rationalization and digitalization lead to mass unemployment. Most created … Continue reading

Posted in Alternative Economics | Leave a comment

The Future of Generalized Security

The future of generalized security is bound up with rethinking economics and removing the cap on social security (now at $118K). If you earn $5 million, you only pay on the first $118K. When this anomaly is removed, social security … Continue reading

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

TTIP: Trifling Economic Advantages at the Cost of Democracy and the Public Interest

to read the articles by Werner Raza and Heribert Schmitz, click on http://portland.indymedia.org/en/2015/02/429182.shtml “The controversial investment-protection agreement establishes a parallel justice giving se4curity to all investors. The states would be liable for compensation for any lower profits… States and local … Continue reading

Posted in TTIP - Free Trade agreement | Leave a comment

Video: The 99% – Occupy Everywhere, 1 hr

Enjoy this 2013 video! Tax cuts for the rich and social cuts for the poor. Wealth isn’t trickling down; poverty gushes up. The US has been under-investing in housing and the infrastructure. We go to war for profit, wasteful wars … Continue reading

Posted in Human Rights, Reducing Inequality/ Redistribution | Leave a comment

The Rebirth of the One-Thousandth Society

The Rebirth of the One-Thousandth Society by Austrian economists Matthias Schnetzer and Markus Marterbauer http://la.indymedia.org/news/2015/01/267199.php The richest thousandth (0.1%) increased their share in the total wealth very intensely since the 1980s. Their share – 22% – is as much as … Continue reading

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

Video: Plenitude – Reducing Working Hours, 5 min

https://www.facebook.com/video.php?v=10152673004940983&fref=nf Films For Action This fun animation provides a vision of what a post-consumer society could look like, with people working fewer hours and pursuing re-skilling, homesteading, and small-scale enterprises that can help reduce the overall size and impact of … Continue reading

Posted in Alternative Economics, Environmental Economics, Reducing Working Hours | Leave a comment

Taxpayers/ Public Funds Brought Smart Phones by Mariana Mazzucato

All personal achievement would have been impossible without state investment in roads, schools, hospitals, airwaves, health and food safety. The Internet, the touch screen and smart phones would not exist without state funds. Steven Jobs and his people only combined … Continue reading

Posted in Political Theory, Reducing Inequality/ Redistribution | Leave a comment

The Meme Wars, The Creative Destruction of Neoclassical Economics, 408 pp

to read the free 408 page Internet book by Kalle Lasn, Adbusters, click on http://kickitover.org/economics-textbook/ Manfred Max-Neef is at pp.88-93. Kick It Over CLIMATE CHAOS. ESCALATING INEQUALITY. FINANCIAL VOLATILITY. Multiplying real-world disasters sprung from the fantasy world of neoclassical economics … Continue reading

Posted in Alternative Economics, Neoliberalism, Thomas Piketty | Leave a comment

How Economists Change the World by Stephan Schulmeister

Theory development is also a war over dominance – at the universities, in the media and in politics. The goals of Hayek’s war were expulsion of the Keynesians, liberalization of the financial markets, abandonment of full employment policy, dismantling the … Continue reading

Posted in Alternative Economics, Reducing Inequality/ Redistribution, Roosevelt and New Deal | Leave a comment

Ways out of Capitalism by Tomasz Konicz

This introduction to Tomasz Konicz’ “On the Search for Alternatives to the Permanent Capitalism Crisis” (2014) is translated from the German. “The disintegration of the capitalist world system began long ago in its periphery… Capitalism perishes in its hyper-productivity and … Continue reading

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