Why Italy could be the epicenter of the next financial crisis
A negative report on the proposed budget by Fitch ratings on wednesday has injected extra anxiety into the budget negotiations. www.nytimes.com
Italy and the new Eurozone risk morphology
Sovereign yield spreads necessarily translate into different funding costs for businesses resident in the various member states, thus causing undue competitive advantages for the economy that can rely on lower interest rates. socialeurope.eu
Arriva Jacobin Italia
La rivista radical americana Jacobin arriva in Italia: “Ci rivolgiamo a lettori che non si accontentano dei cinque minuti di odio sui social”. jacobinitalia.it
Who really creates value in an economy?
The much-maligned state was permitted to pursue only timid policy responses. This failure reflects the extent to which policy continues to be informed by ideology, specifically, neoliberalism.socialeurope.eu
A new authoritarian axis demands an international progressive front
The truth is that to effectively oppose rightwing authoritarianism, we cannot simply go back to the failed status quo of the last several decades. In United States and in Europe. theguardian.com
La Grecia spiegata in dieci grafici
A fine agosto la Grecia è ufficialmente uscita dalla tutela della troika, guardare il Paese ellenico dopo le ricette anti crisi accettate obtorto collo dal governo Tsipras serve a capirne efficacia e finalità. internazionale.it
Class society and social democracy in Sweden
Perceived as a bastion of egalitarian values, a social democratic culture, generous welfare state, Sweden has turned rightwards politically in recent decades. And may be worst in the elections of september 9. socialeurope.eu
US chief executives earn 312 times the average worker’s wage
Astronomical gap between the pay of workers and bosses exposed in report on earnings of America’s top 350 CEOs. Now they earned 312 times more than their workers. theguardian.com
Policies for inclusive economic growth
Social inclusivity and gender equality should be at the heart of economic decision-making. Two main arguments outlined in its companion piece, published in Soundings 68.1.
Paychecks Lag as Profits Soar, and Prices Erode Wage Gains
Hourly earnings have moved forward at a crawl, with higher prices giving workers less buying power than they had last summer in US. Workers, understandably, are asking whether they are getting a raw deal.www.nytimes.com
Disuguaglianza e disagio sociale nelle case popolari a Roma
Il numero delle persone che abitano in alloggi di edilizia residenziale pubblica a Roma è paragonabile alla popolazione di un intero municipio, circa 170.000 persone. Ma la mappa del disagio sociale è molto variegata. www.eticaeconomia.it
Macedonia and ideology
Somewhere between our imagination, truth and the others’ desires we move, in different paths, towards the 'Macedonia of our dreams'. www.opendemocracy.net
Ocse meets Piketty: an alternative economic narrative
How today’s profits are not tomorrow’s investments. Somethings about return on risk-free financial investment and the role of fiscal policy in reviving aggregate demand. www.socialeurope.eu
Il J’accuse dell’economista M5S
Per Giovanni Dosi, fino a un mese fa l'economista più ascoltato dal Movimento, nel contratto di governo «troppe concessioni a Salvini». A cominciare dalla Flat tax. www.espresso.repubblica.it
Retribuzioni dei Ceo, disuguaglianze inaccettabili
La legge Usa che obbliga a rivelare i compensi degli amministratori delegati squarcia un velo sulle disparità. Che a Wall Street sono la regola. www.valori. it
How Democratic Is the Euro?
When Italy’s president recently vetoed the appointment of the Euroskeptic Paolo Savona as finance minister did he safeguard or undermine his country’s democracy? www.project-syndicate.org
Una feroce continuità
Lo storico Philip Wade, allievo di Federico Caffè a Roma, in questa intervista sostiene che il governo giallo-verde fermato da Mattarella avrebbe aperto a uno scenario ordoliberista stile sudamericano. www.idiavoli.org
Savona e le chiamate inquietanti per Impregilo e Dell’Utri
Chi è l'uomo della discordia tra Lega-M5S e Quirinale, i legami con i "poteri forti" e la destra berlusconiana del professor Paolo Savona raccontati prima del gran rifiuto di Mattarella. www.ilfatto.it
Dosi: Reddito di cittadinanza e flat tax? Incompatibili
Qualche aspetto positivo ma in complesso molto scetticismo: è così che vede il contratto di governo gialloverde Giovanni Dosi, professore di economia politica all'Istituto di economia del Sant'Anna di Pisa, apprezzato anche dai Cinquestelle. www.ilsole24ore.com
Happy 200th Birthday, Karl Marx!
In Marx inequality of wealth and incomes was recognised as a defining feature of capitalism. And since 2008, the wealth of the richest 1% has been growing at an average of 6% a year. www.dmarionuti.blogspot.it
