Heiner Flassbeck and Patrick Kaczmarczyk write that amidst global political and economic fragility, the downturn in the Germany economy adds to the uncertainty in a world that, as Paul Krugman put it, has a “Germany problem”. It not only raises questions and doubts over the future of the largest European economy but, …
A proposal in Germany to re-introduce a wealth tax has had the conservatives foaming at the mouth. Even the IMF has criticised the country’s widening inequality gap.
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
A modest proposal by a small party to reintroduce a wealth tax is rejected by conservatives quietly foaming at the mouth. …
The Liberals are desperately looking for a purely market-based solution to the climate problem. But there is no such thing. Monetary policy could teach us why a CO2 cap and certificates can never work.
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
The neo-liberal economists, …
Capitalism is celebrated by the liberals as a success story. But this success can only be seen in the USA – and, even then, only for reasons that are incompatible with the liberals’ own ideology.
Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE
In the second part I already pointed out that the neo-liberal revolution in Germany after 1980 was by no means a success story. …
