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Alternative Economics: Reversing Stagnation
Alternative Economics: Reversing Stagnation
Alternative Economics: Reversing Stagnation
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Alternative Economics: Reversing Stagnation

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The financial sector should be shriveled and the public sector expanded. The myths of self-healing markets, efficient financial markets, nature as a free good, external and sink, infinite growth in a finite world, quantitative growth and the exact sciences eclipsing qualitative growth and the human sciences (history, literature, play, language, sociology, political science, philosophy) and private opulence next to public squalor (cf. John Kenneth Galbraith) must call us to rethinking – individually and collectively.
Alternative Austrian, Swiss, Polish and German economists can alert us to the bankruptcy of austerity policy and fiscal policy aiding capital at the expense of workers and the environment. The future economic policy must be regional and decentralized. A post-materialist economy is possible as we transition from excess to access and more to enough. Work, health, strength, security and happiness can be redefined. The rights of nature can be respected in a future of moderation, equality and freedom.
More and more is produced with fewer and fewer workers. Work and income have uncoupled as people cannot survive on their earnings from work and depend on credits and loans. Reducing working hours is a response to increased productivity and is the only way to assure everyone of the right to meaningful work. Reducing working hours, as Michael Schwendinger explains, is a socio-economic investment that protects long-term health interests and gives people more time sovereignty.
The appendix "Myths of the Economy" explains 29 state myths, labor myths, business myths and social myths. The state is not a business or a household but can become indebted to help future generations. The future can be open and dynamic instead of closed and static if we tackle the myths and contradictions that lead to exploding inequality and precarious work.

LanguageEnglish
PublisherMarc Batko
Release dateApr 4, 2016
ISBN9781310701955
Alternative Economics: Reversing Stagnation
Author

Marc Batko

I am a freelance translator living in Portland OR. In 1993 Westminster Press published my translation of Dorothee Soelle's "On Earth as in Heaven." Over 800 translated articles await you at my website www.freembtranslations.net. Enjoy the feast!"Alternative Economics: Reversing Stagnation" by Marc Batko is a 159-page ebook anthology with Austrian, Swiss, Polish and German critical economists. Mainstream trickle-down economics has no answer to exploding inequality and destruction of the environment.The appendix "Myths of the Economy" describes 29 state myths, labor myths, business myths and social myths. The state is not a business or a household but can make future investments so the future can be open and dynamic and not closed and static. What is rational from a micro-economic perspective (e.g. competition) can be disastrous from a macro-economic perspective.The $2.99 ebook is available from Barnes & Noble Nook:http://www.barnesandnoble.com/s/alternative+economics%3A+re...

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    Alternative Economics - Marc Batko

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