Tag Archives: Welfare State

Registrazione audio-video del Seminario "Dopo le crisi. Un dialogo interdisciplinare sul futuro dell'Europa", 21-22 gennaio 2021 onlineRelazioni di Sergio Cesaratto, Omar Chessa, Carlo Clericetti, Guido Comparato, Marco Dani, Andrea Guazzarotti, Federico Losurdo, Luigi Testa, Luigi Melica, Edmondo Mostacci, Francesco Saitto, Fiammetta Salmoni, Alessandro Somma, Antonella Stirati. 

In the end, MMT looks like an extreme version of conventional economics in which there is no independent monetary policy and there are a lot of unused resources. But when resources get tight, the reflex is command and control central planning. This cuts to the quick of it. The question is how much market state (where free markets determine outcomes, in theory at least) and how much welfare state (where the economy is managed based on desired outcomes). This is an ongoing dialectic among...

We did this before (New Deal). We can do it again (Green New Deal). The article shows why the ND and GND are similar as responses to environmental degradation. Most have forgotten what a paroblem this became in the US in the 30s. Kevin Baker refreshes our memory. The present threat is potentially much graver and presents a greater challenge than the Great Depression did, as bad as it was. HarpersWhere Our New World Begins Kevin Bakerht Yves Smith at Naked Capitalism Several leading...

Some Republican policymakers continue to propose basing eligibility for assistance programs on participants’ ability to meet strict work requirements — most recently with House Agriculture Committee Chairman Michael Conaway’s proposal to reauthorize SNAP (formerly food stamps)[1] — despite a lack of credible evidence that the requirements would work as intended.[2]To build support for work requirements that take away assistance from adults who cannot work a set number of hours per month,...

Trump calls on his Cabinet to propose stronger work requirements for welfare across the board. VOX Trump wants to slash welfare with stricter work requirementsTara Golshan

Thomas Palley has a new paper: The Case for Concerted Action Thomas Palley – Re-theorizing The Welfare State And The Political Economy Of Neoliberalism’s War Against It V. Ramanan

The basic income means that you are requiring somebody else to use up their finite lifespan to produce output, take it from them by force and give it to somebody who *refuses* to contribute to the production process. There is no value exchange, only theft. That is no different to the process the idle rich use today — and are rightly resented for it. So you have to justify, politically, why society should support people *for their entire life* who simply refuse to contribute when they...

I've been reading The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn by Avner Offer, Gabriel Söderberg, an interesting critique of the use of the Nobel Prize to undermine the Welfare State, essentially by conservative groups in Sweden, that were influential within the Central Bank (Riksbank), that disliked the Social Democratic policies in place in the 1960s. I have been critical of the Riksbank prize before (see, for example, here or here; check also Lars...

The source of the graph is here. The data can be downloaded here. I think Anwar Shaikh had a paper with a title similar to this post. And the point is well illustrated in the graph. The working class itself pays for it. Share Get link Twitter Google+