Author: CAW

After six years of studying psychology, philosophy and sociology at university I dropped out of academia to become a builder, designer and artist. Still I kept reading social science books and when in the late 90’s I found myself “in the money” I got interested in it as a topic. I read Simmel and gave up on it again till the 2009 crash reawakened my interest. Once all my friends and family told me not to talk to them about money any more I started this Gaia blog to find some other people to engage with. But there was no reaction apart from the Queen who kindly responded to a letter I sent her. I had forgotten that you need to work very hard to attract attention and hard work is something I prefer to do as a builder rather than as a publicist. Nonetheless I periodically feel the urge to share and debate my readings and insights with others. Hence the recent launch of a local discussion group on the “next economic paradigm”.

Technofeudalism: What Killed Capitalism by Yanis Varoufakis

amazon.co.uk - goodreads - penguin.co.uk 9- 2023 Technofeudalism: What Killed Capitalism by Yanis Varoufakis In his boldest and most far-reaching book yet, world-famous economist Yanis Varoufakis argues that capitalism is dead and a new economic era has begun. Insane sums of money that were supposed to re-float our economies in the wake of the financial … Continue reading Technofeudalism: What Killed Capitalism by Yanis Varoufakis

The Power of Money – by Paul Sheard

gg/caw intro - music - the book - videos - reviews - Paul Sheard - see also>money as power gg/caw 11-2023 The power of this bestselling book derives from the positioning of the author rather than its contents. Paul Sheard's cv and list of endorsers speak for themselves. The subtitle suggesting the existing system of … Continue reading The Power of Money – by Paul Sheard

Systemsturz – Kohei Saito’s Weltbestseller jetzt auch auf deutsch

>Degrowth, Globalisierung, Gesellschaftstheorie, Kapitalismusanalyse, Oekomarxismus, Ökosozialismus, Post- Wachstum, Post Kapitalismus, Sozialökologischer Umbau Buch dtv.de – amazon.de – perlentaucher.de 9-2023 Systemsturz: Der Sieg der Natur über den Kapitalismus – Von Kohei Saito - Der Kapitalismus ist nicht zukunftsfähig. Wenn wir glauben, die Welt durch nachhaltigen Konsum vor der Klimakatastrophe zu retten, betrügen wir uns selbst, sagt der japanische Philosoph Kohei Saito. … Continue reading Systemsturz – Kohei Saito’s Weltbestseller jetzt auch auf deutsch

hetero.N€U€.WIRTSCHAFT.highlights

Jenseits der offiziellen Heilslehre & Tagespresse – Ein zukunftsfähiger Blick auf die Geld- & Wirtschafts-Forschung. Deutsche Herbst Edition - October 2023 updated english updates here - deutsche updates hier unten Sprachloses Geld von Jakob Feinig Das Schweigen des Geldes und die Möglichkeit einer demokratischeren Zukunft - ist ein Vorabdruck eines BpB Essays von Jakob Feinig … Continue reading hetero.N€U€.WIRTSCHAFT.highlights

Hetero Highlights & Updates

real-world economics review Issue no. 104 3 July 2023 The Dead Parrot of Mainstream Economics - by Steve Keen Why Hedge Funds Matter: An interview with Jan Fichtner - by Jan Fichtner and Jamie Morgan ETF shares as shadow money - by Alexandru-Stefan Goghie The Dollar Centric Financial System and the Conflict in Ukraine - by Marcello Spanò A … Continue reading Hetero Highlights & Updates

Pricing the Future – Black Scholes @50

bbc 2012 Black-Scholes: The maths formula linked to the financial crash A digital invite has nudged me into a quick mini post. BLACK-SCHOLES 50TH ANNIVERSARY 14th June 2023 - free tickets here @ CQFinstitute Myron Scholes debating David Orrell on the relevant (ir)realities? Sounds attractively intriguing, not just for financial connoisseurs. Black and Scholes option … Continue reading Pricing the Future – Black Scholes @50

‘Class War over Financial Stability?’ Ann Pettifor on central banks and money markets

see here for updates on markets - Soft landing or? gaiageld home page here Banks as Collateral Damage in a Class War by Ann Pettifor annpettifor.sub.com 18-3-2023 Banks as Collateral Damage in a Class War – Central Bank obsession with holding down wages has consequences for fin stability – by Ann Pettifor/gg – annpettifor.sub/system change So much has happened this past week… … Continue reading ‘Class War over Financial Stability?’ Ann Pettifor on central banks and money markets

Zwickmühle Wachstum – Zwischen Zwang und Untergang?

Das Ende des Kapitalismus - Warum Wachstum und Klimaschutz nicht vereinbar sind – von Ulrike Herrmann - Rezension, Buchbesprechung - Buchkritik - BIP - Degrowth - Entkopplung - Grünes Wachstum - Kapitalismus - Kreislaufwirtschaft - Klimawandel - Klimakrise - Nachhaltigkeit - PostWachstum

Money: 5,000 Years of Debt and Power by Michel Aglietta

Money: 5,000 Years of Debt and Power by Michel Aglietta articles, reviews

Adkin’s asset logics & Konings’ Spekulationskritik – a post-critical ride across neoliberal conceptualities – eine sozialtheoretische Kritik der Neoliberalismuskritik

Kapital und Zeit - Für eine neue Kritik der neoliberalen Vernunft Capital and Time - For a New Critique of Neoliberal Reason - by Martijn Koning - Lisa Adkins asset economy - articles, videos, reviews

Steve Keen’s New Economics

The New Economics: A Manifesto – by Steve Keen - Ann Pettifor, Peter Bofinger- reviews by Shimshon Bichler, Jonathan Nitzan, Felix Martin, Dirk Bezemer, Giancarlo Bertocco, Andrea Kalajzić , Natalie Bennett, Nick Johnson, Kevin Gardiner

The Silencing of Money Politics – Jakob Feinig’s Moral Economies of Money

Jakob Feinig - Moral Economies - book reviews, excerpts, presentations, articles - Absorbing, revelatory and exceedingly readable, "Moral Economies" is highly recommended to money connoisseurs and freshers alike. For much of American history, large numbers of people claimed that money was a public good and asserted the right to shape money creation practices. If popular knowledge about money creation was once widely shared, how and why did it disappear? An introduction to money creation practices since the colonial era, enabling readers to understand why most people are disconnected from knowledge about money creation today. >money production, money system, credit, debt, banking, finance, monetary, politics

Wachstum? Nein Danke! DeGrowth und die vielfältigen Wirklichkeiten der Postwachstumstheorie

Welches Wachstum? BIP Wachstum, nachhaltig, gruen, oeko, Post Wachstum - degrowth - Ist Wachstumsrücknahme die einzige Form nachhaltigen Wachstums? Wir besuchen die vie % irklichkeiten der Postwachstumstheorie. The future Is degrowth: A guide to a world beyond capitalism - by Matthias Schmelzer, Andrea Vetter, Aaron Vansintjan

Heterodox Economics: Legacy and Prospects – a deep, timely, important, critical and surprisingly novel collection on ideology, interdisciplinarity, methodology, pluralism and relevance

Heterodox Economics, Pluralist Economics - economic history, theory, ideology, methodology, interdisciplinarity, and relevance of and limits to pluralism

The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers

>sociology of money, banking, credit, creditworthyness, credit rating, debt, finance, financial institutions, inequality, monetary history, power, US princeton.edu 11-2022 The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers – sociology.northwestern – kellogg.northwestern– A comprehensive and illuminating account of the history of credit in America—and how it continues to divide the haves from the have-nots read … Continue reading The Economy of Promises: Trust, Power, and Credit in America – by Bruce G. Carruthers

The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism – by Clara Mattei

austerity - past, present, future -articles, presentations, reviews - Clara E Mattei - The Capital Order - How Economists invented Austerity... political economy, monetary history

Edward Chancellor’s quixotic Interest in the Price of Time

monetary interest updates As goodreads reviewer Nilesh Jasani suggests, the title "... is a misnomer. The book is not a story of interest rates despite the occasional attempts to weave them into the narrative. Its first part provides summaries of a few most celebrated historic bubbles, followed by a long, unstructured diatribe on the state … Continue reading Edward Chancellor’s quixotic Interest in the Price of Time

What Growth? DeGrowth!

Part of series on Growth! What Growth? The Future Is Degrowth: A Guide to a World beyond Capitalism – by Matthias Schmelzer, Andrea Vetter , Aaron Vansintjan. The book explores the origins, sub-currents, and evolution of degrowth, as well as the solutions it offers for the future.

What Growth? Eco-Capitalism, Green GdP Growth, Decoupling

What Growth? Eco-Capitalism, Green GdP Growth, Decoupling - Alessio Terzi's Growth for Good and Adrienne Buller's The Value of a Whale

Growth! What Growth? Growth, Degrowth or Post-Growth?

Growth by Trussonomics may be history repeating a farce as a tragedy. But aggregate GDP-growth continues to be widely regarded as an absolute necessity. The recent article "Growth, Degrowth or Post-growth?" makes for a uniquely clear historical exposition of the positions around the critique of economic GdP-growth and its potential alternatives.

Growth! Growth! Growth! Wrong? Wrong? Wrong?

Freeports, fracking and trickle-down tax cuts wrapped in workfare austerity? Liz Truss latest Ode to Growth sounded so out of tune with realities, even the money markets didn't know if they should laugh or cry at this eye-wateringly incompetent re-hash of 1980's neolibbery. Neither FT nor Economist were amused, and the polls seemed to be … Continue reading Growth! Growth! Growth! Wrong? Wrong? Wrong?

Real World Economics Review Out Now: positional vs MMT money, power narratives, viral neoliberalism, blundering equilibrium, teaching hetero 101 productivity, zero evidence free trade, de-externalising stress, Scottish currencies, GDP and Jayati Ghosh’s political economy of development

paecon.net/pdf - gg/pdf 9-2022 Real World Economics Review download here Two conceptions of the nature of money: clarifying differences between MMT and money theories sponsored by social positioning theory - by Tony Lawson ..."...unlike conceptions of the nature of money and money histories etc., the policy proposals associated with MMT, in their basics, do not … Continue reading Real World Economics Review Out Now: positional vs MMT money, power narratives, viral neoliberalism, blundering equilibrium, teaching hetero 101 productivity, zero evidence free trade, de-externalising stress, Scottish currencies, GDP and Jayati Ghosh’s political economy of development

The Queen – Your Queen – My Queen

The Queen, alas, I have never met in person. But I had four encounters of a kind. E.R.II entered my life on a stamp. A stamp noticeable not least for having not a word on it? "...I guess the English were the first to have stamps? Like everything else, having invented the Industrial Revolution..." is … Continue reading The Queen – Your Queen – My Queen

Hetero Economist Slips Into The News

gaiamoney spots a hetero economist on the bbc news: focus on the bigger picture: inflation & the cost of living crisis; the lack of growth, investment & productivity; and, as ever, the unsustainability of global inequality & the ecological crises.

The Eternal Near-Death of Democracy, Globalism and Neoliberalism – A Global Panorama in Political Economy – mit Wolfgang Streeck’s “Zwischen Globalismus & Demokratie”

Zwischen Globalismus und Demokratie, Nine Lives of Neoliberalism, Neoliberalism and the Social Contract – A Historical Perspective

Sommerzeit ist Lesezeit – Maurice Höfgen’s Lesetipps für Einsteiger und Finanznerds, für Strand und Schreibtisch! with english reading tips

Maurice Höfgen - Geld für die Welt - Der Newsletter für progressive Wirtschaftspolitik - One Dollar Note - Bondi Beach Library mauricehoefgen.com 3-7-2022 Sommerzeit ist Lesezeit - by Maurice Höfgen "Geld ist nicht knapp. Zeit aber schon. Deshalb: Augen auf bei der Lektürewahl! Weil ich häufig nach Lesetipps gefragt werde, habe ich eine kleine Auswahl … Continue reading Sommerzeit ist Lesezeit – Maurice Höfgen’s Lesetipps für Einsteiger und Finanznerds, für Strand und Schreibtisch! with english reading tips

Bears Bearing Biblical Bust? Markets to Expect Hellish Bonfire of Corrections ?

Is a global financial crisis inevitable? Does the end of QE means recession? Only austerity can cure inflation? The correction from Hell for asset evaluations? Stocks, shares, bonds, crypto, gold now and then updates 11-2022

Energy Tycoon Wipes out Ortho Dogma – Cost of Living, Levelling Up and the Windfall Tax

unemployment down, vacancies up, wages down, inflation up, universal credit down, national insurance up - Cost of Living Hits Hard. Hard Enough to Find Money in a Windfall Tax?