Manifesto of Appalled Economists: The Shocked and the Outraged (tags)
Tax cuts for the super-rich and corporations promised economic growth and more jobs but produced exploding inequality and generalized insecurity. The US faces a revenue crisis and a war spending crisis. Tax cuts, wars and bailouts of banks and firms caused massive US deficit.
Manifesto of Appalled Economists (tags)
State debts may be caused more by reduced corporate tax revenues than excess spending. Through "location competition," corporations play off state and countries and harvest tax write-offs and sweetheart-assessments. Through "state capture," the state becomes a trough.
Manifesto of French Economists: Why We Are Shocked (tags)
On October 11 three million French workers were on strike against President Sarkozy's authoritarian attacks on social security and pensions. "Despite its obvious debacle, the neoliberal dogma is still regarded as the only correct economic system."