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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Keystone would be way worse than we thought!

We already know that the Keystone XL pipeline is a disaster waiting to happen. But, it turns out that the impact of that tar sands pipeline could be even worse than we thought. According to a new study by the Stockholm Environmental Institute, Keystone could add four times more carbon pollution to our atmosphere than the State Department originally estimated.

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