by Dirk Ehnts, Econoblog101
I have recently wondered about the political economy of social democrats in Europe and their view of the euro and its crisis. Mark Blyth, who wrote a book on austerity, has been awarded a prize by German social democrats and was invited to give a lecture. And some lecture they got.
by Fabius Maximus, FabiusMaximus.com
Summary: We're on course to repeat the mistakes of the first 2 industrial revolutions in the 3rd. The wonders of increased productivity benefit the 1%, while the middle class seeks easy but chimerical ways to preserve their way of life. Anything but the work and risk of collective political action. Today we examine the favorite recommended cure to automation: more education. It works as well as frogs climbing over each other to escape a pot.
March 5th, 2015
in Op Ed