The Great Transition
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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Despair Fatigue

Despair Fatigue | The Great Transition | Scoop.it
Politicians, journalists, lobbyists, CEOs, and corporate bureaucrats rarely talk to anyone except each other. They constitute a distinct intellectual universe. Within this universe, economic policies are designed primarily for political marketability; economic science exists largely to provide impressive diagrams and equations to sell them with. Phrases designed in think tanks and focus groups (“free markets,” “wealth creators,” “personal responsibility,” “shared sacrifice”) are repeated like incantations until it all seems like such unthinking common sense that no one even asks what the resulting picture has to do with social reality. True, the bubble logic can be maintained only by a certain studied ignorance of how the economy really works.
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Have Social Democrats surrendered?

Have Social Democrats surrendered? | The Great Transition | Scoop.it

"After the 2008 crash, social democrats briefly rediscovered Keynes; a few even talked about the imminent demise of neoliberal ideology. But as the strength of the centre-right grew and neoliberal parties were returned to power in the wake of Europe’s sovereign debt crisis, ‘austerity’ politics triumphed. Social democracy, fearful of being deemed insufficiently prudent, appears to have capitulated to the logic of balanced budgets and cuts in welfare provision."

 

Very valid analysis by George Irvin about the failure of the left to find answers to the current economic chaos.

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Is Europe's left ready to govern?

Is Europe's left ready to govern? | The Great Transition | Scoop.it
The central question of the crisis is not whether it will rejuvenate nation-state social democracy, but whether it can stimulate new strategies on which a revived platform of egalitarian prosperity and social welfare might be built. The task is to frame a response so that social democracy can benefit from a new openness to ideas in domestic and world politics – against a residual neoliberalism that would frame the global financial crisis as one of the overbearing state.

 

In the Guardian, two progressive political thinkers question social-democracy's answers to the crisis of our global economic system.

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From Conspicuous Consumption to Collective Consumption

From Conspicuous Consumption to Collective Consumption | The Great Transition | Scoop.it

In the Social Europe Journal, Nat O'Connor looks at the challenge of sustainable consumption for social-democrat politicians and trade union leaders.

 

He rightly questions "three 'sacred cows' of traditional social democratic economic policy that may need to be genetically modified to become sustainable"

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