Tag Archives: trickle down economics

Recession Hurts While Austerity Kills Dreams and People

Since 2008 trickle-down economics has been kept alive by the austerity delusion – combined inordinate fear with buoyant optimism – of the rich, the bankers, the mainstream economists and the media rather than reality. It has been a decade since … Continue reading

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Today’s Metanarrative Hides an Assault on Truth and Reality

More than 30 years ago, academics started to discredit “truth” as one of the ‘grand narratives,’ or a metanarrative which clever people could no longer bring themselves to believe in. Instead of “the truth”, which was to be rejected as … Continue reading

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How Populists Hijacked the Inequity Agenda

Inequities were accentuated by the financial debacle of 2008; neoliberalism is still in crisis. The right does not believe in neoliberal economics, however, they still use core tenets of it to run government and society. Populist economic policy claims to … Continue reading

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The End of History: Creating the Good Society

Both Hegel and Marx believed that the evolution of human societies was not open-ended, but would end when mankind had achieved a form of society that satisfied its deepest and most fundamental longings. Both thinkers thus posited an “end of … Continue reading

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Do Not Fear to Promote New Values for Society

Fear is what you feel when you face something that is unknown or a perceived threat to you. But fear goes beyond that. Fear is also related to the need to understand, in that if you don’t understand why something … Continue reading

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The Relation of Truth to Power

Each system defines its own variant of truth. Power manipulates human beings, masks reality, and therefore compromises knowledge’s claim to the truth. Ideas become ideology once they are integrated into our everyday activities, where they become normalized and naturalized (thus … Continue reading

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Populism: A Symptom of the Disease Weakening Democracy

In contemporary usage, “populism” is generally understood to mean political movements and individuals who channel widespread alienation and frustration by claiming to speak for “the people” against forces that are said to be destroying cherished ways of life. “The people” … Continue reading

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The Well-being Agenda: Measuring Economic Progress

In a distinct vision of the good society envisioned by Friedrich Hayek, Milton Friedman or Gary Becker, individual liberty and freedom can best be protected and achieved by an institutional structure, made up of strong private property rights, free markets, … Continue reading

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The Good Society: An Alternative Vision of Progress

When John Locke made his pronunciations in the 18th century, the ideal of an autonomous individual was embedded in a complex system that included family and church on one hand, and on the other a vigorous public sphere in which … Continue reading

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Understanding Socioeconomic Contradictions

In the 19th century Georg Wilhelm Hegel (1770-1831) developed a theory to explain historical development as a dynamic process. Hegel introduced a system to study history – dialectical thinking – a progression in which each successive movement emerges as a solution … Continue reading

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