Economics and politics - comment and analysis

Heiner Flassbeck on Trump’s Tariffs Trade War

Heiner Flassbeck gave an interview to the Real News network yesterday. What is Trump up to now again? Understandably, many Americans (and others) are anxious about Trump raising tariffs on steel and aluminium. Flassbeck first relatives the impact of Trump’s measure and he goes on to propose a framework to make ’free’ trade work for everyone involved. …

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Palestine, or how the market fails without a state

Palestine is economically extremely dependent on Israel. Reducing this dependency must be the ultimate goal of the political effort to implement a two-state solution. However, in order for the Palestinian government to use its political power for the good, it is essential to understand the proper role of the state in the development process. …

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Climate change, Migration, Capitalism. Solutions for systemic failure. Part 1: Systemic failures

Introduction
David Wallace-Wells’ recent article The Unhabitable Earth in New York Magazine has been read by hundreds of thousands. “It is, I promise, worse than you think,” the first sentence reads. There is no doubt that many readers have been shocked by the avalanche of sober information that the author presents in order to make the point that it is, …

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How it was possible for Trump to win the presidency. Trade and war casualties

In 2016, Flassbeck-economics provided extensive comment and analysis of the caucuses, the primaries and the ultimate presidential election in the USA. Afterwards, I wrote up a long piece trying to explain Trump’s victory. I pointed towards a variety of reasons, the two most important ones were Clinton’s economic program and her pro-war stance. …

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