🌍 The next major financial crisis is born in the climate crisis – but a new economy can stop it As forest fires, floods and storms become everyday life, insurance companies are pulling back. Houses are becoming uninsured. Banks are stopping lending. Property values are falling. People are losing both their homes and their security. More and more people are now warning that this could be the start of a new global…
Category: earth
The crisis of hyperglobalization – and the path to a new green Bretton Woods
The crisis of hyperglobalization finally arrived. For several decades, the world had been governed by one idea: that more trade, more deregulation and more global capital mobility would automatically lead to prosperity. In the report “Out of the Ashes into the Fire,” Stefan de Vylder calls the period from 1980 to 2016 the era of hyperglobalization – an era in which the economy became increasingly…
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…
The truth about immigration
Integration is an investment – not a cost. Although it sometimes takes up to 5-8 years for refugee immigrants to get a firm grip on the labor market, it is significantly shorter than for many native Swedes without higher education. Young Swedes often try their luck in their 20s and 30s between temporary jobs, unemployment, and studies before they…
Good pensions require progressive taxes and adequate government deficits
It is always today's production capacity that pays for today's pensions via taxes. Vote for good pensions and work for an economically, ecologically and socially sustainable future. Pensions require sustainable production A system with sufficient progressive taxes and government deficits/that the government creates money instead of the banks doing it via lending (read about deficits here) can...
Low popularity of benefactor Biden
President Biden has achieved a lot on the economy - especially falling inflation and a great many more jobs. Biden has also won several legislative victories. These will limit the rise in prescription drug prices, expand care options for veterans, slow climate change and rebuild the nation's infrastructure. Still, his popularity ratings are among the lowest in American history except for those of Trump…
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…
Trickle-down economics has reached the end of the road
The absurdity becomes almost comical. Simona Mohamsson wants to make Sweden a tax haven for billionaires and double the number of billionaires by 2036, despite the fact that Sweden is already one of the world's most favorable countries for very large fortunes. TV4, SVT and Sveriges Radio have reported on the Liberals' goal of 1,000 billionaires, and economists have already expected…
The Swedes and the environmental issue
Do Swedes care about the environment, the climate and biodiversity? #miljö #klimatet #biologiskmångfald #svenskar #opinion #election2022 #journalism https://www.forskning.se/2022/10/18/klimatfragan-forsvann/
Freedom, equality and good jobs for all are needed if the red-greens are to regain power
Freedom and security mean a lot to the people of Sweden. It is disgusting that welfare becomes ethnically demarcated. We can afford and have an ethical responsibility to have refugee immigration, but it must be done in the right way without economic neoliberalism. But the election and the blue-brown's Tidö agreement show so far that if the red-green are to rule again,...