Ther Great Devaluation

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Democracy, risk and liability are turned upside down when trillions bailout the banks and workers, pensioners and unemployed must pay the bill. We live from those who say No to corruption, to the reduction of ther state to a trough or errand boy for the banks (Bill Moyers). The economy should be a part of life, not a steamroller crushing creativity and self-determination. The future should be anticipated and protected in the present, not extrapolatedc from the present! (Jurgen Moltmann)

The time is right for Plan B, alternative economics, reducing working hours, person-oriented work, labor-intensive investment, and rebuilding the infrastructure. Education and health care3 should be human rights, not privileges. Access instead of excess! Enough instead of more! The future could be full of community centers, free Internet books and soft power! Life is full of play, exuberance and mystery, not only political and spiritual corruption!

That capitalism is a historically-conditioned production method and systemic/structural criticism of economics are made taboo or invisible by the dominant consciousness. Hosts of crisis-gurus confuse symptoms and causes, distinguish market economy and capitalism and seek to guide us back to a "healthy market economy." Crisis and chance are represented by the same Chinese letter. If only this crisis were interpreted by truth-tellers and not demagogues!

to read Ernst Lohoff and Norbert Trenkle's "The Great Devaluation" published in April 2012, click on

demandside's picture
Jul. 31, 2007 4:01 pm

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