Deborah James on why we need to pay attention to proposed changes in global rules. Big Tech works to ensure technology and world trade operate for their benefit post-COVID and beyond. GPEnewsdocs.
Tag - Lynn Fries
Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors. Hyman Minsky, who understood that financial instability is inherent to capitalism, proposed changing the economy’s objective to employment.
Prabhat Patnaik reflects on the COVID-19 shock that has worsened the crisis triggered by globalized finance. Only two possibilities emerge: restructure capitalism by controlling finance, or let the tendencies towards very coercive forms of fascism grow.
Robert Pollin advocates a macroeconomic agenda centered on full employment. The decades long neoliberal attack on the working class is heightened with COVID-19. The world needs a New Deal to counter levels of unemployment and inequality last seen in the Great Depression.