Comments on: 33 Theses for an Economics Reformation

By: mervynhyde

mervynhyde — Sun, 14 Jan 2018 17:48:00 +0000

Market Theory is dead, Neo-Liberalism is dead, long live democracy.

Neo-Liberalism is the transfer away from democracy into the corporate state where international corporations have total power, that is happening each time the government sells off another part of the public sector into private hands. Under funding has been the tool to achieve that end.

The world economy stagnates in the process, what needs to be recognised that we need to produce what we need in our own individual countries, rather than talking about world trade, that is the domain of international muti-national companies and only serves their interests.

If we just see ourselves as their slaves, that is where we will all end up, and it will end badly.

By: Rainborough

Rainborough — Tue, 09 Jan 2018 19:04:00 +0000

Odd thing that the word capitalism occurs nowhere in these 33 theses. Nor is there any reference to Piketty’s thesis that under capitalism, in normal circumstances, most wealth flows into the pockets of employers and rentiers.

Also there is no acknowledgment that the creation of money can be a state monopoly, thereby cutting out the parasitic activities of rent-gouging commercial banks, and at the same time making available at nil cost all the funds which are needed for socially beneficial investment.

By: Steve

Steve — Wed, 20 Dec 2017 09:19:00 +0000

Hi, poor Eileen doesn’t seem to get the point that your checklist is all about correcting the errors she thinks she has discovered in current economic practice.
I must congratulate you and whatever team drew up the 33 theses, they are a first rate summary of where the ‘profession’ needs to take its act to. I have found many expressions of disquiet, about current practice of economics in recent months and similar propositions about the potential remedies There seems to be a groundswell of opinion, after years of complaints that economics doesn’t work, that action needs to be taken to address the problem. The principle concern is that no account is taken of the ecological effect on scare resources. Doughnut Economics by Kate Raworth is an excellent statement of the requirements.
I wish you well with your campaign. I hope that these initiatives coalesce into an unstoppable cause that will transform the way our ‘rulers’ apply themselves to governance!

By: Ruth Jarman

Ruth Jarman — Mon, 18 Dec 2017 18:21:00 +0000

Great action! We did something along the same theme on the 4th December: https://christianclimateaction.wordpress.com/2017/10/25/new-reformation-street-theatre-and-vigil/

By: Eileen morris

Eileen morris — Wed, 13 Dec 2017 12:01:00 +0000

Why do we have economists, do they invent? Do they create? How much wealth have they ever created? How many jobs have they created? Six economists gives six answers. Economists just produce theories based on other peoples figures. What theory was produced on other peoples figures, wasn’t it that the cause of the entirely false MMR vaccination scare? More substance less theory.