An ideology in power that favors workers must guide technological development. It determines whether we get a fairer world. Technological progress has not always meant better working conditions or higher wages for everyone. We need to develop innovations that help workers become better at their tasks, not just replace them with automation. Then the technology would…
Category: Profiteering and 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,…
The save-in-the-barns make it difficult for the sellers and bankruptcies are increasing
Difficulty for sellers and bankruptcies on the rise It is not only construction workers, employees in schools, health and care, refugees, labor immigrants as well as the unemployed and sick who are affected by the austerity policy of the Tidö government. Bankruptcies are at a record high and increasing. At the same time, one of Sweden's top salespeople tells me that it is difficult for his professional group as well. It's not going well…
Ethics in a brutal time
A newsletter from SubRosa discusses brutalization in our brutal age, I want to highlight that in my opinion that supports Karl Marx in this dilemma. Matter before morality Marx emphasizes matter before morality, while Hegel says that history develops out of a struggle between ideas (often of a moral nature) that ends in the modern state with…
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 people need both the middle class and the working class
Are you part of the middle class and feel like your job doesn't really make a difference? Don't worry, you're not alone in that feeling. But here comes something that might make you think again. We've heard that some experts believe it's time for the middle class to reassess its role…
Swedish wages are 30 percent too low – The ironclad wage law delivers
Lower Swedish wages. That's what the blue Alliance government wanted in 2006. That's how the Alliance's attack on wages began. Fatally, the Blue Alliance eroded the union affiliation. Another attack was to make it more difficult to get social security and benefits. Consequently, this blue constellation lowered the compensation levels of social security and benefits. The reservation wage would drop. The reservation wage is the lowest…
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…