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Alternative Economics: Reversing Stagnation
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The time is right for alternative economics, reducing working hours, redefining state and market and re-envisioning work, security, health and strength. More and more work is done by fewer and fewer people. In Germany, the GDP rose 300% in 50 years with 20% fewer workers.
Mainstream neoliberal economics has no answer to exploding inequality and destruction of nature. Trickle-down or money-out-of-nothing economics are helpless in reversing exploding inequality and precarious work.
Austrian, Swiss, Polish and German critical economists could show us the way to a future-friendly economics respectful of human nature and the rights of nature. Michael Schwendinger's "Reduced Working Hours as a Socio-Economic investment" is included in this important anthology.
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