that we have both the knowledge and the tools to end this suffering. In his evaluation of Obama’s first term, Krugman thought the period from 2009 to 2011 was one in which as the “even president bought into deficit obsession and calls for austerity, the whole national discourse shifted away from job While Krugman saw signs in 2011 that Obama was regaining creation.” his focus, the concluded that experience of first term suggests that not talking “the Obama’s about jobs simply because you think you can pass job-creation legislation don’t doesn’t work even as a political strategy.” Joseph Stiglitz In his 1995 book Joseph Stiglitz more or less proclaimed socialism, even Whither Socialism market socialism, to be dead as a viable economic system. At the same time it was possible to find in Stiglitz arguments for systematic alternatives to the dominant form of capitalism that cut across the market-mania of the time. Thus the John Roemer, reviewing “analytical Marxist” Stiglitz in found arguments for systemic alternatives to the dominant form of New Left Review, Joseph Stiglitz, although posing as a critic of socialism, in fact provides a capitalism: “In sum, sharp attack on the neo-Hayekian dogma which has gained such prominence in the past twenty years, and is the real antagonist in the debate concerning the feasibility of more egalitarian choice of anti-socialist vocabulary is, like a societies…. Whether Stiglitz’s Marc Antony’s, clever rhetorical device, or whether he really believes that socialism is dead, does not much matter. For his arguments lay to rest many commonplace false beliefs about the optimality of private property as a social institution, and thus lay the groundwork for fruitful discussion about alternative, and more egalitarian, social and economic organization.”
that we have both the knowledge and the tools to end this suffering. In his evaluation of Obama’s first term, Krugman thought the period from 2009 to 2011 was one in which “even as the president bought into deficit obsession and calls for austerity, the whole national discourse shifted away from job creation.” While Krugman saw signs in 2011 that Obama was regaining his focus, the concluded that “the experience of Obama’s first term suggests that not talking about jobs simply because you don’t think you can pass job-creation legislation doesn’t work even as a political strategy.” Joseph Stiglitz In his 1995 book Whither Socialism Joseph Stiglitz more or less proclaimed socialism, even market socialism, to be dead as a viable economic system. At the same time it was possible to find in Stiglitz arguments for systematic alternatives to the dominant form of capitalism that cut across the market-mania of the time. Thus the “analytical Marxist” John Roemer, reviewing Stiglitz in New Left Review, found arguments for systemic alternatives to the dominant form of capitalism: “In sum, Joseph Stiglitz, although posing as a critic of socialism, in fact provides a sharp attack on the neo-Hayekian dogma which has gained such prominence in the past twenty years, and is the real antagonist in the debate concerning the feasibility of more egalitarian societies…. Whether Stiglitz’s choice of anti-socialist vocabulary is, like Marc Antony’s, a clever rhetorical device, or whether he really believes that socialism is dead, does not much matter. For his arguments lay to rest many commonplace false beliefs about the optimality of private property as a social institution, and thus lay the groundwork for fruitful discussion about alternative, and more egalitarian, social and economic organization.”
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