Extremely Growing Inequality Destroys Democracy (tags)
When one percent have half of the wealth, mistrust and cynicism drown out public spirit and trust between the generations. A fair tax system means ending tax havens, micro-second trading, stock buybacks and insider trading.
Capitalism in the Faith Crisis (tags)
Trust in the "invisible hand" is a religious exercise ensuring a rule over people that is destructive and fatal. Christians and Marxists wage a common struggle against the spirit, logic, and praxis of the false money-god and its servants.
Democracy and the Social State (tags)
Finance capitalism and Citizens United turn life, language and democracy upside down as the $150 million given by Wall Street to Hillary Clinton fall under the rubric "social engagement." With these theses, Franz Segbers emphasizes the social state as the foundation of democracy.
Labor Solidarity in Neoliberal Structural Change (tags)
The self-regulating market and the invisible hand were neoliberal theories of Frederick August von Hayek and Milton Friedman. Submission to the market was described as a natural law, as natural and self-evident as the rotation of the planets. Solidarity and unions were decried as barriers.
The Banking and Financial Crisis (tags)
"The transition from a long-term to a short-term orientation went along with the exaggerated profit goals. The approach of shareholder value sets maximum profits and dividends in the center of business policy and no longer long-term investments and the interests of employees.."
Obama's Financial Reform Proposal - A Stealth Scheme for Global Monetary Control (tags)
global dominance, not reform is planned
Rich of the World, Enrich Yourselves! (tags)
Financial jugglers speculating with food, oil and other raw materials caused double-digit inflation and made staple foods like rice and wheat into luxury items for millions. Neoliberalism with one blow managed to drive nation states to the defensive.
The Neoliberal Catechism (tags)
Turning away from the state causes old age poverty and endangers life and limb.. The consequences of privatization are faded out in the US and Germany.. Defining freedom as only entrepreneurial freedom and freedom of capital can be easily veiled.