The tension between Taiwan and China is a charged issue that could have major global consequences. Sweden, like many other countries, follows the USA's "one-China policy", which recognizes the People's Republic of China but not Taiwan as an independent state, although at the same time it maintains unofficial ties with Taiwan. China, on the other hand, claims that the “one-China policy” and their own “one-China principle” are equivalent, which means…
Category: Ukraine war
MMT can solve the third world debt problem
Global economic experts are increasingly questioning the current system's effectiveness in dealing with debt crises. A central figure in this debate is Martin Guzman, a prominent economist and former finance minister of Argentina. He, along with other influential voices, argues that the ambitious framework that emerged after the Second World War is no longer suitable for today's…
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…
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 truth about immigration
A conservative view is that a country can either have a sustainable welfare state or high levels of immigration. But that view is wrong. The fact is that we can achieve both a well-functioning welfare state and increased immigration. By using progressive taxes and government deficits to invest in making everyone in society feel good…
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…
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…