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submitted 1 year ago by HowRu68@lemmy.world to c/world@lemmy.world

The letter says: “We know that high inequality undermines all our social and environmental goals. It corrodes our politics, destroys trust, hamstrings our collective economic prosperity and weakens multilateralism. We also know that without a sharp reduction in inequality, the twin goals of ending poverty and preventing climate breakdown will be in clear conflict.”

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[-] housepanther@lemmy.goblackcat.com 33 points 1 year ago

Caveat Emptor: I have not read the article. I am immediately suspicious of most economists because, at least in the US, they have a decidedly conservative bias. Generally US-based economists side with the concerns of the wealthy and promote policies friendly to them which are often at the expense of the poor and working classes.

[-] sovietcreditcard@lemmy.world 24 points 1 year ago

Bingo. Pretty much any non-Marxist economists will favor “the market” over workers. Neoliberalism, the predominant ideology in most western countries, is seen as an alternative to conservatism (very much so in the US), but they’re centrists at best, and conservative-lite at worst.

[-] livus@kbin.social 18 points 1 year ago* (last edited 1 year ago)

This is a case of "perfect is the enemy of good".

This thing was signed by a bunch of non-US economists like Thomas Picketty and people like Helen Clark, a left politician who used to run the UN Development Programme.

Economic neoliberal bias, sure, but what they are proposing is still an order of magnitude better than what we have now.

Edit: I can't see anything below this in this comment chain, not even my own comments!

Not sure if it's a kbin bug or if @hglman blocked me. (Is this the effect blocking has in the fediverse? Can you guys still see the rest of the chain?)

[-] sovietcreditcard@lemmy.world 2 points 1 year ago
[-] livus@kbin.social 2 points 1 year ago

Yeah I know, not by some standards, really depends on your Overton window.

She led a majority government on centre-left policies in New Zealand so that still meant she was in charge of a Monetarist economy with all the neoliberal economics that implies, but she also presided over a massive tax revenue transfer to working class families that is still going on today.

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this post was submitted on 17 Jul 2023
298 points (98.1% liked)

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