Jean Lievens: Karl Polanyi – New Economic Thinking — Land is Not a Commodity….

Jean Lievens

Jean Lievens

Tip of the Hat to Svend Aage Christensen

Learning from Karl Polanyi

EXTRACT

So what is the explanation for this disjuncture between theory and empirical results? Krugman’s answer is “that workers are not, in fact, commodities.” Unlike soybeans or other commodities, employees know and care about their price, and when they are paid better, they tend to work harder, stay in their jobs longer, and improve the employer’s bottom line. Krugman suggests that viewing workers as commodities leads directly to the aggressive attack on wage and benefits that has been dominant in the U.S. for the last forty years. But as soon as we reject the idea of workers as commodities, the road is open to alternative policies that could address skyrocketing income and wealth inequalities. Read full article.

Comments Off on Jean Lievens: Karl Polanyi – New Economic Thinking — Land is Not a Commodity….
Apr 23

Kosmos: Double Enclosure — the shut down of democratic accountability, participation and transparency

kosmos logo‘Double Enclosure’- the shut down of democratic accountability, participation and transparency

What’s going on is a double-enclosure: a massive privatization and commodification of the physical world – the atmosphere, land, forests, genes, life forms, and more – and a massive privatization and commodification of economic decision making and democracy themselves.

Read the rest of this entry »

Comments Off on Kosmos: Double Enclosure — the shut down of democratic accountability, participation and transparency
Apr 22

Mongoose: UNASUR Opens Defense School Focused on Peace and Stability

Mongoose

Mongoose

Unasur opens Defense School to elaborate a shared doctrine of peace and stability

The Union of South American Nations, Unasur will celebrate this Friday its eighth anniversary with the official opening of the South American Defense School (Esude) created to instruct on defense and security issues, both at civil and military level, following ‘the principles of a regional strategic vision’.

Read the rest of this entry »

Comments Off on Mongoose: UNASUR Opens Defense School Focused on Peace and Stability
Apr 19

Jean Lievens: Access is the New Ownership

Jean Lievens

Jean Lievens

The Sharing Economy: Access Is The New Ownership

A report from PricewaterhouseCoopers predicts that revenue in five key sectors of the sharing economy could reach $335 billion by 2025.

PwC identifies five main sectors affected by the sharing movement: Travel, car-sharing, finance, staffing, and audio/video streaming.

Comments Off on Jean Lievens: Access is the New Ownership
Apr 18