Link: International Development and applied economics Posts are not regular because of my busy academic program until 2017/18. Please stay in touch, I will be back with more creative ideas after finishing the program. I would like to thank you for the love and support. Apologies for the inconvenience ! 🙂
Populism is, perhaps, a way of becoming popular for ‘vote’ and ‘note’ so that that power is easily captured. Populism is a path of politicians and celebrities who want to be ‘popular’ even being ‘naked’; probably naked is not physically but thoughtfully.
By Steve Keen | Evonomics I like Joe Stiglitz, both professionally and personally. His Globalization and its Discontents was virtually the only work by a Nobel Laureate economist that I cited favourably in my Debunking Economics, because he had the courage to challenge the professional orthodoxy on the “Washington Consensus”. Far more than most in… Continue reading Economists Ignore One of Capitalism’s Biggest Problems
Here are the letest development of anti-neoliberalism, after Brexit Italian PM Matteo Renzi resigns after referendum defeat and the rise of the populist Five Star Movement http://bit.ly/2h7B5M9 (today) Austria elects left-leaning president over Norbert Hofer France’s far right leader Marine Le Pen has welcomed the Italian referendum, Anti-euro leader in lead New Nationalism of Donald Trump… Continue reading Neoliberalism Crisis after Brexit
They have insistedthat black is white, even as the voters beg to differ. In their seminar rooms, their TV studios and their Geneva offices, they have perpetrated the ideological sleight of hand that equates internationalism with free trade, and globalisation with untrammelled corporate power. The result has been misery for workers from Bolton to Baltimore… Continue reading But on free trade they have a point | The Guardian
Globalization is neither feasible nor desirable. The problems are not with globalization, but with how it has been managed. IMF, World Bank and WTO have served the interest of the advanced industrialized countries particularly narrow mind-sets rather than developing world. Pfofessor Joseph Stiglitz believes globalization can be reshaped to realize its potentials. Government can, and… Continue reading Globalization can be reshaped
Now, the UK has decided to leave the EU following the results from the referendum. People’s verdict is always supreme; everyone should respect the mandate. But the Brexit was an outcome of a divided campaign within the Conservative party i.e. Prime Minister vs Ex-Mayor of London. Also I think, election time is not good as people are disappointed with austerity measures and the European Union (EU). The EU was unable to sort out the problems of austerity,… Continue reading Brexit was an outcome of a divided campaign within the Tories
Our current economic model is INEQUALITY by design. -Sharan Burrow Image: WEF
Fourth Industrial Revolution (FIR) is on the doorstep. Income inequality and global warming are on the top of future challenges. There is a close link between financial system, digitalisation and economic inequality. Before looking into future, I think, we better start reviewing the past; especially the globalisation era how it went. I picked up some books… Continue reading Banking, Digitalisation and Inequality
Last week I read an open letter to American voters posted by Jeremy Nix, a citizen journalist of Huffington Post blog. Title of the post was An Open Letter to My Friends Who Support Donald Trump. American people are desperately participating to elect their 45th president on November 8, 2017. Candidate, now, are being elected… Continue reading An open letter to American voters from Jeremy Nix
The vast and growing gap between rich and poor has been laid bare in a new Oxfam report showing that the 62 richest billionaires own as much wealth as the poorer half of the world’s population. Timed to coincide with gathering of many of the super-rich at the annual World Economic Forum in Davos, the… Continue reading Richest 62 people as wealthy as half of world’s population
In the name of globalization a firm simply can tell workers if they don’t accept lower wages and worse conditions, the company move elsewhere. By creating fear of losing job and pittance ‘asymmetric globalization’ has lowered the bargaining power of the workers.
Following are the 15 Global Challenges. Do you agree with this categories or Don't you think INEQUALITY should come first ?
''Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.” ―… Continue reading Complain: Quote
If the ‘Prime’ Merges with the ‘Ministers’ Meaning ‘Prime Minister’ Super hero number one ! Merges with people Meaning ‘Prime People’ Super zero meaningless ...