Economic Policy, the Schwabian Housewife and Francois Hollande

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"What is rational for individuals leads collectively into a cul-de-sac.. The fundamental problem is that economic policy believes the crisis can be fought with the logic of a family budget. For that reason, the collapse of the euro zone threatens. Measures that restore trust in the future of the euro zone are necessary now."

France goes a different way than Italy and Spain. The new socialist government in France is fulfilling two election pledges by lowering the initial retirement age to 60 and requiring firms that terminate workers to pay considerable compensation.

to read Gustav Horn's "Economic Policy and the Schwabian Housewife" published in: Spiegel, June 5, 2012, click on

http://portland.indymedia.org/en/2012/06/416333.shtml

RELATED LINK:

"Surveying Utopia"

A Conversation about the Myths of Capitalism and the Coming Society
By Raul Zelik and Elmar Altvater

http://freembtranslations.net/?p=110

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demandside
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Jul. 31, 2007 3:01 pm

Cory Booker's Vote Shows Why To Get Money Out Of Politics


On Friday House Republicans joined their Senate colleagues and approved a measure that will allow them to repeal Obamacare using a process known as budget reconciliation. Meanwhile, the pressure is growing on them to come up with some kind of replacement plan.

Unfortunately, they still don't have one.

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