Library

By: Katharina Trapp

Keywords: Labor Share, FDI, Portfolio Investment, International Capital Mobility, Wage Bargaining

By: Fatih Kaya

Paper presented at the Conference “New economic concepts in the current European crises“. Abstract: Several studies investigate the relationship between government debt/deficit ratios and the real long-term interest rates, but the empirical evidence is not conclusive enough for consensus building. Evidence for statistically weak or mixed association is as much as the evidence for a strong posi...

By: Alexander Sohn

Paper presented at the Conference “New economic concepts in the current European crises“. Abstract: The collapse of Lehmann brothers in September 2008 is generally seen as the starting point of what so far already turns out to be the greatest economic crisis since the Great Depression. It is generally agreed that the economy at large thus has entered a period which structurally differs from th...

By: David Korowicz

Overview: This study considers the relationship between a global systemic banking, monetary and solvency crisis and its implications for the real-time flow of goods and services in the globalised economy. It outlines how contagion in the financial system could set off semi-autonomous contagion in supply-chains globally, even where buyers and sellers are linked by solvency, sound money and ba...

By: Maurizio Pallante

Introduction: Analysis of the situation and premises The gravity of the problem of public debt has not been underestimated. It is the foundation on which growth of the present historical period is built, indispensable for the purposes of increasing production of commodities. It is a choice pursued knowingly and unanimously by governments of the right and left in all industrialized countries. ...

By: Antonio Tricarico, Elena Gerebizza

Introduction: We live in a time of finance capitalism, when trading money, risk and associated products is more profitable and outpaces trading goods and services for capital accumulation. That is in short what people often refer to as “financialisation” of the economy. This has huge implications for where capital is invested and the everyday exposure of people to capital markets, as more and m...

By: Andrea Baranes

Introduction: Too much welfare? Some European countries, namely the PIIGS (Portugal, Ireland, Italy, Greece and Spain) have lived beyond their capabilities. Too much welfare and too many social expenditures led to an increasing public debt. It is now time to impose some discipline over these “spendthrift” states, in order to force them to tighten their belts and put order into their public acco...

By: Heinz-J. Bontrup

„Der seit Mitte der 1970er Jahre immer mehr geführte massive Angriff auf den Staat, genauer gesagt auf den verfassungsrechtlich verankerten Sozialstaat, und seine Verschuldung, wird von neoliberalen Interessen vertretern geschickt geführt. Sie nutzen ein allgemein in der Gesellschaft bestehendes (gesundes) Misstrauen gegen staatliche Obrigkeit und womöglich auftretender staatlicher Verschwen...

By: Damir Tokic

Keywords: Degrowth; Stock market; Deflation; Deleveraging

By: Harald Bender, Norbert Bernholt, Akademie Solidarische Ökonomie, Bernd Winkelmann

Der Verlag: Die Mehrheit der Menschen in Deutschland – 88 Prozent laut Emnid-Umfrage – traut unserem derzeitigen Wirtschaftssystem nicht mehr zu, die ökonomischen Probleme des 21. Jahrhunderts zu lösen. Klar ist: Eine auf Eigennutz und Kapitalgewinn basierende Wirtschaftsweise führt uns offenkundig in kaum noch zu bewältigende globale Krisen. Was aber ist die Alternative? Harald Bender, Norber...

By: Extraenvironmentalist, Josh Farley

[ Josh Farley // Rethinking Economic Growth ] from Extraenvironmentalist on Vimeo. Interview with Josh Farley made during the International Conference on Degrowth in the Americas in Montreal 2012. Josh Farley explains what money is, respectively where it comes from, as well as how debt works. He further says what degrowth means for him: a downscaling of the economy so it fits with the earth ...

By: Extraenvironmentalist, Gail Tverberg

[ Gail Tverberg // A World Running Out of Oil ] from Extraenvironmentalist on Vimeo. Interview with Gail Tverberg made during the International Conference on Degrowth in the Americas in Montreal 2012. Gail Tverberg talks about the impact of a financial or environmental or resource crisis on insurance systems and pensions. She also discusses how the energy supply and high oil prices will effe...

By: Geoffrey Garver, Joshua Farley, John Fullerton

Décroissance Montréal/Montreal Degrowth - John Fullerton & Joshua Farley - 15 mai/May 2012 from Geoffrey Garver on Vimeo. Plenary session on "finance and degrowth" at the International Conference on Degrowth in the Americas in Montreal 2012.

By: Richard H. Robbis

From the text: In this paper we will argue that the problem is not with the market or with capitalism, however defined;we argue that the market, as envisioned by classic writers such as Adam Smith and John Stuart Milbeen severely distorted by a financial structure that is culturally-specific. We will argue that the problem is not unbridled consumption (which we view as a symptom, not a cause of...

By: Harvey L. Mead

Introduction: Le discours actuel n’est que pour les façons d’assurer une sortie de crise, d’une reprise de l’activité économique, de sa croissance. Il n’y a presque aucune attention portée sur la possibilité qu’un changement de paradigme s’impose devant les faiblesses du paradigme actuel montrées par la crise financière et ensuite économique (sans parler de la crise écologique). L’ampleur de la...

By: Tony Greenham, Josh Ryan-Collins, Richard Werner, Andrew Jackson

Key findings, according to the NEF: > There is widespread misunderstanding of how new money is created: even among bankers, economists, and policymakers > Physical cash accounts for less than 3 per cent of the total stock of money in the economy > The absence of this understanding makes attempts at banking reform more likely to fail Below you find the introduction of the publication.

By: Christoph Freydorf, Oliver Richters, Ferdin, Wenzlaff, Christian Kimmich, Thomas Koudela, Ludwig Schuster

Abstract: Der Zusammenhang von Wachstums- und Zinsrate wird in den Wirtschaftswissenschaften ausführlich behandelt. Dabei besteht Konsens, dass sinkende Wachstumsraten aus sozio-ökonomischen Gründen unerwünscht sind. Gleichzeitig deuten jedoch immer mehr Forschungsergebnisse darauf hin, dass Wachstum nicht zuletzt aus ökologischen Gründen an Grenzen stößt und mit ...

By: Richard Douthwaite

Energy; Money supply; Debt; Regional currencies; Climate change

By: Christine Resch, Heinz Steinert

Seit Ende des real existierenden Sozialismus ist die Rede vom Kapitalismus wieder salonfähig, spätestens mit der Finanzkrise beängstigend. Dabei verwischen sich die Auslegungen und Assoziationen in Alltag, Medien und Sozialwissenschaften zwischen „Profitgier als Verhängnis“ über die „Ankurbelung des Binnenkonsums“ zu „notwendigen Reformen“. Was aber ist mit Kapitalismus eigentlich gemeint? C...

By: Colin Crouch

Spätestens als Lehman Brothers im September 2008 Insolvenz anmelden mußte, hatte es für einen kurzen Moment den Anschein, als habe die letzte Stunde des Neoliberalismus geschlagen: Nachdem das Mantra vom Markt und von der Privatisierung seit den siebziger Jahren in aller Munde war, sollten nun die Regierungen eingreifen, um systemrelevante Banken zu retten. Die Kompetenz der Wirtschaftsführer s...