Is Greenwashing the New Money Laundering?

greenwashing - updates see also climate crisis  ESG’s, green finance + investment Vorsprung durch Grünwaschen sustainability Not exactly. It’s not new. And it’s a lot bigger. Greenwash Guy Pearse 2012 The trillions involved are likely to dwarf the entire history of money laundering. Dig into the numbers below. But lets look on the bright sunny … Continue reading Is Greenwashing the New Money Laundering?

The Addictive Profits of Pain

Sacklers banale sadism - has US capitalism gone masochistic? US pharma, opioid crisis, health, Oxycontin – reviews, articles, books

diversity 101 = pluriverse

    endorsements A way to understanding an alternative future. – Juliet Schor, Sociology, Boston College A book of dazzling breadth, provocative and persuasive scholarship. – Sylvia Marcos, Mexican feminist activist and scholar For too long the North has imposed its one-size-fits-all agenda on the South. – Dan O’Neill, economist, University of Leeds This Dictionary … Continue reading diversity 101 = pluriverse

William Lazonick – hetero macro

x  x more Lazonick books at goodreads William Lazonick  SOAS UL AcademicIndustryResearchNetwork Related  >M Mazzucato   >pluralist macro ineteconomics.org/perspectives/blog/  2019  After Over Three Decades, Rebel Economist Breaks Through to Washington. Here’s How He Did It.    by Lynn Parramore Ever heard that a corporation’s sole duty is to maximize value for shareholders? In the go-go ‘80s, … Continue reading William Lazonick – hetero macro

Economics – about and around mainstream DSGE orthodox macro

All around ortho macro – de facto, debate, diverse (self)critiques, defense, delusion, denial + disagreement - updated 9-2020 see also  > history of economics, economics as social science > Economy, Economics, DSGE, mainstream, orthodox, macro, equilibrium, Neoliberalism, Politics, Rethinking Political Economy >ortho econ blogs marginalrevolution.com/ - themoneyillusion.com >Austerity, Climate policy, Economic History, Monetary Policy, Ortho Macro 13-11-2022 Highs … Continue reading Economics – about and around mainstream DSGE orthodox macro

VALUE PRICE marginal utility

Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only … Continue reading VALUE PRICE marginal utility

Banking on Values

"A fool is someone who knows the price of everything and the value of nothing". Central banker Mark Carney has diagnosed a crisis in value(s). He doesn't just mean prices being misaligned with values as in frothy asset overvaluations. That's just a symptom of a deeper malaise. The central idea of his book, says the … Continue reading Banking on Values

Mariana Mazzucato on a Mission

Mariana Mazzucato  “Mission Economy”- “The Enterpreneurial State" - "The Value of Everything"

DeGrowth or Décroissance anyone? (not just for Xmas)

degrowth updates here Décroissance, or degrowth, is a story of hope amidst adversity. Just like Xmas. Born of the adversities of a poisoned and plundered planet, degrowthers say "No! No More! Let's get out of the Old National Market Hall of Sickly Scarcity and into the New Global Banquet Hall of Happy Abundance... Yes, contrary … Continue reading DeGrowth or Décroissance anyone? (not just for Xmas)

GROWTH! What Growth?

GROWTH! What Growth? intro/featured/selected – updates here - +here Alf Hornborg writes in his article “How to turn an ocean liner”:  “Although soon reduced to a heterodox and marginalized position, the critique of growth has continued to challenge mainstream dogmas of economics and policy for over four decades. Countless debates have raged on what exactly is the problem … Continue reading GROWTH! What Growth?

Stiglitz wants GDP retired

see also growth1what growth? - gdp update below "It's time to retire metrics like GDP." writes Joseph Stiglitz in The Guardian. "The way we assess economic performance and social progress is fundamentally wrong, and the climate crisis has brought these concerns to the fore." Indeed. Always nice to hear the reforming voices. Apparently another revised … Continue reading Stiglitz wants GDP retired

The Real Existing Economy: Value Revisited

GM/caw 2019 Mariana Mazzucato's  new book is a brilliantly competent and intelligent tour de force about the real existing economy. Her sociological habit of correlating academic economic thought with historic economic realities, relentless demolition of mainstream dogma, forensic analysis of the real flows of power and money and, last but not least, unequivocal rejection of … Continue reading The Real Existing Economy: Value Revisited