When rumors rule more than reality Food prices have skyrocketed in recent years, and the reasons are more complicated than they first appear. Financial market speculation and stockpiling by major players control food prices more than actual shortages of raw materials. Sweden has also made itself vulnerable by eliminating its emergency stocks and becoming increasingly dependent on imported food….
Category: Greed inflation
The worst consequences of neoliberalism - from economic to social disaster
The consequences of neoliberalism are profound and devastating. From greedflation and right-wing extremism to the risk of global war and climate catastrophe, this ideology undermines society's stability, health and future. Economic inequality and reduced democratic rights threaten future social cohesion and global peace. Greedflation after 2020 Companies raise prices well above their cost increases to maximize profits. This phenomenon,…
RFK is problematic
RFK is problematic. Trump has influenced RFK Jr.'s campaign. New data suggests strong ties between RFK Junior's campaign and Trump, possibly to divert votes from Biden. Rita Palma, RFK Junior's New York state director, openly said that having Kennedy on the ballot could undermine Biden's chances, favoring Trump in the historically Democratic state….
Work for all provides a more stable, state-regulated mixed economy
Work for all is the goal society must have. Brilliant text on the benefits of full employment and its positive side effects. Niklas Blomqvist questions the idea that the market itself can create full employment. For example, Blomqvist points out that attempts to follow this path in the last thirty years have not produced the desired results. He emphasizes that work for…
Towards a more peaceful world despite Ukraine
Hans Blix believes in a more peaceful world despite ongoing conflicts such as the Ukraine war. Blix is a well-known lawyer, formerly internationally responsible for disarmament and a former UN official. Blix argues that the threat of nuclear weapons deters large-scale war. But nuclear weapons are inherently too dangerous. The Second World War raised many people's opposition to war as a solution and has contributed to demands for…
The right thinks the poor should eat less
Poor people should eat less. At the same time, 500 people in Sweden cannot afford basic expenses and certainly no greed inflation. In 000, 2022% of households lacked a buffer for unforeseen expenses. But the right's solution to inflation is that low-income earners should reduce their consumption of electricity, heat and food. Therefore, many Swedes now have to lower the temperature...
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....
No government deficits – society's unnecessary straitjacket
Vote for bigger government deficits! Deficits are part of how the state regulates the market and protects citizens and nature. Neoliberalism attacks this. How is money created? Can we afford to work? Sweden's Riksbank's prize in economic science in memory of Alfred Nobel in 2022 suggested that banks have an important role for the social economy even if this can…
Interest rate increases do not bite today's profit-seeking inflation
Interest rate increases do not bite profit-driven inflation. Big capital exploits its strength. Many companies have a monopoly position. They use this to push prices up faster than wages. This is how Big Capital exploits the crisis after Ukraine and the bottleneck effects after Corona. There are now bottlenecks on e.g. economically important semiconductors and other. This means that for the production of certain goods it does not…