AnalysisBusinessEconomyFeaturesGlobal IssuesNorth AmericaOpinionPoliticsPovertySocietyWorld

The Economy Should Serve People. Not Vice Versa.

A simple shift in perspective can eradicate our taste for austerity

Consider what typically constitutes ​good” economic news: The stock market booming.

  • Hamilton Nolan
  • In These Times

Corporate earnings rising. Business growth. In general, any factor that contributes to an environment in which businesses can get bigger, hire more workers, make more profits, and enrich investors to a greater degree.

This vision of the economy’s legitimate purpose is so deeply ingrained in the cultural fabric of America that any economic journalist or analyst who did not accept it would never be hired in the first place.

Yet it is a fundamental misunderstanding of what the…

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button