Alternative Economics: Reversing Stagnation
Alternative economics is a vital corrective to market with unfettered deregulation, privatization and liberalization of markets. While neoliberal mythology insists higher profits bring more jobs and greater investments, profits soar and investments fall by the wayside. radicalism and neoliberalism Mainstream market-radical economic theory has led to exploding inequality, cynicism and resignation and has no answers to mass unemployment, growing precarity, global warming and the rights of nature. The time is right for alternative economics, for economics that is part of life, not a steamroller crushing creativity and self-determination.
The market is not self-healing or a panacea but a necessary and helpful instrument after political questions are answered: what kind of society do we want? How can public necessities remain public? How can people be active participative citizens and not mere cogs in the machine? How can nature be protected and nurtured and not trivialized as a free good, external or sink?