In visitation zones, the police must be able to stop and search people without having a specific suspicion of crime. The idea is that it will make the streets safer, but many are against it. Critics believe that it can lead to abuse and violations of people's rights. This is especially true if it is used against certain groups based on skin color…
Category: Inflation
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…
Biden's fiscal policy strengthens the economy and reduces the gaps
In an age where news headlines often dominate with negative news, it is important to also highlight the positive events. Biden's expansive fiscal policy is yielding results. The latest report from the Federal Reserve and the Treasury Department shows a gratifying trend break in the US economy. It is a development that must not be overlooked. Increased prosperity for all Between…
Why should we not say loans about government deficits
It is the term loan that is so misleading and could be misused to borrow from capitalists or abroad. Technically, it is not a loan either. The state can request that the people do the best they can and the state must help the people according to its ability. Then the state directs or helps the people by creating money…
Food prices require reform
That's what Veronica Palm writes for Tidningen Rörelsen. Statistics Sweden has reported that food prices in Sweden have increased by 22 percent in one year. This leads to difficulties for single parents to buy nutritious food for their families. Food prices are also the biggest factor driving inflation in the country. It increases rents and interest rates and limits contractual requirements….
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…
Trickle-down economics has reached the end of the road
Comedian Jonathan Pie shows with pinpoint brilliance in the video below how Trickle-down economics with his mantra: "Help the rich! Punish the poor!” not working. Trickle-down economics does not build a strong economy nor a strong welfare. Put simply, it leads to a very difficult existence for those who have the least. Even many high achievers…
Normal inflation means both rising prices and wages
The last year's inflation has mostly meant rising prices. Wages and welfare have not kept up. Result: record-breaking cash register at e.g. ICA and many energy companies. Politicians especially within the right but also within the social democratic movement and trade unions contribute. They urge the wage earners not to demand compensation for increased prices. This is because our inflation…