La crisi, le sue origini e il prossimo futuro

The crisis, its origins, and the next future

Alberto Russo

MPRA Paper from University Library of Munich, Germany

Abstract: We briefly describe the evolution of the global process of capitalist accumulation during the neoliberal decades, to stress the “real causes” of the current crisis. This analysis leads to the search for a radical alternative to “austerity”, that is the economic policy approach tied to an interpretation of the crisis due to problems of “financial nature”. In our view, the political alternative to the neoliberal management of the crisis should be based on a large extension of education in the context of a “green” and “egalitarian” process of economic development. This requires a significant involvement of the public sector (in collaboration with private capitals) in providing the bases for economic growth, and a political support to an appropriate taxation of wealth (by now highly concentrated in a very small fraction of the population).

Keywords: capitalist accumulation; neoliberal crisis; political change; public sector; education; wealth taxation (search for similar items in EconPapers)
JEL-codes: E65 G01 P17 (search for similar items in EconPapers)
Date: 2011-11
New Economics Papers: this item is included in nep-hme
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