Tuesday, October 29, 2019

How to Rethink Capitalism — Simon Johnson

The 2008 financial crisis, together with failed efforts to combat climate change and sharply rising inequality, has frayed the neoliberal consensus that has prevailed in the United States and much of the West for more than two generations. Three issues must be considered in weighing what comes next....
Project Syndicate
How to Rethink Capitalism
Simon Johnson


Peter Pan said...

Think... mixed economy.

Andrew Anderson said...

1) 100% private banks with 100% voluntary depositors.
2) all fiat creation to be for the general welfare.
3) all fiat creation beyond that created by deficit spending for the general welfare to be in the form of an equal Citizen's Dividend.

In other words, think ethical finance.