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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Restoration

The biggest mass extinction in the history of the world was caused by carbon dioxide. That’s the conclusion of a shocking new study published last week in Science Magazine.

According to that study - the Permian Mass Extinction - which occurred 252 million years ago - started when a group of volcanoes erupted in Siberia - sending tons upon tons of CO2 into the atmosphere.

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