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
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”.
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?
ECO CRISIS – The kids are not ok – Un jeune désespoir – The planetary climate clock, in human time – by Julia Steinberger
ECO CRISIS - The kids are not ok - Un jeune désespoir - The planetary climate clock, in human time - by Julia Steinberger
(IN)EQUALITY now(ish) with Thomas Piketty, Lisa Adkins etal, Brett Christophers, Edward Fullbrook etal, Tade Oludayo, Anthony B. Atkinson
global inEQUALITY now(ish) with Thomas Piketty, Lisa Adkins etal, Brett Christophers, Edward Fullbrook etal, Tade Oludayo, Anthony B. Atkinson
The Currency of Politics: The Political Theory of Money from Aristotle to Keynes – by Stefan Eich
Stefan Eich examines six crucial episodes of monetary crisis, recovering the neglected political theories of money in the thought of such figures as Aristotle, John Locke, Johann Gottlieb Fichte, Karl Marx, and John Maynard Keynes. He shows how these layers of crisis have come to define the way we look at money, and argues that informed public debate about money requires a better appreciation of the diverse political struggles over its meaning.
Neo-Liberal Market Failure?
THE RISE AND FALL OF THE NEOLIBERAL ORDER - AMERICA AND THE WORLD IN THE FREE MARKET ERA - by GARY GERSTLE - reviews -articles
Inequality – The Long View
This post points to several recent books on historic global inequality. “A Genetic History” by Carles Lalueza-Fox , “The Journey of Humanity: The Origins of Wealth and Inequality” by Oded Galor and “The Asset Economy and the End of Social Mobility” by Lisa Adkins, Melinda Cooper and Martijn Konings. But first a nod to the Dawn of Everything – A New History of Humanity by David Graeber and David Wengrow...
Origins and History of the Passions of War
In BLOOD RITES, Barbara Ehrenreich confronts the mystery of the human attraction to violence: What draws our species to war and even makes us see it as a kind of sacred undertaking? BLOOD RITES takes us on an original journey from the elaborate human sacrifices of the ancient world to the carnage and holocaust of twentieth-century "total war."
hetero highlights > Monetäre Kriegsführung – global supply chains at war – Austrian war propaganda – US sabotage for quants – Dutch monetary enlightenment – global post neo-liberal economics – diversity and disaggregation – Covid democracy in Cuba – Marxist revival in Japan
Monetäre Kriegsführung - global supply chains at war - Austrian war propaganda - US sabotage for quants - Dutch Monetary Enlightenment - global post neo-liberal economics - diversity and disaggregation - Covid democracy in Cuba - Marxist revival in Japan