About

Another economics is possible. 

SE's mission: to analyse the economic system (capitalism) and explore fair, egalitarian, democratic and green alternatives (indeed, some kind of socialism).


The "free enterprise system" is the only way forward, the US-economist Milton Friedman (1912-2006) preached. "There is no alternative way so far discovered of improving the lot of the ordinary people", he said.

Many people refuse to believe that. They're seeing too many ordinary people suffering from poverty, hunger, health problems or war, without any meaningful control over their lives. They're seeing too much economic inequality, environmental problems and political oppression. And yes, often in nations which uphold the principles of the "free enterprise system".

They desire a fair, egalitarian, democratic and green alternative. They explore and campaign for alternative economic institutions which, historically, have been labelled "socialist". They want a world in which economic wealth and political power is shared much, much more equally among all people of the world. And though this seems like a Sisyphean mission, and no one has the ultimate blueprint, that hasn't stopped them from trying.

SE believes that, in the debate about the foundations of capitalism and possible alternatives, economists or economic thinkers have a role to play. As they have always done, from Karl Marx and Henri de Saint-Simon before, to Thomas Piketty and David Graeber today.

SE intends to be a platform for this ongoing, global debate, from an economic perspective (mostly), by allowing a diversity of voices from all over the world.


Contact SE (questions, suggestions, submissions):
☞ join@socialisteconomist.com

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Submissions

SE welcomes your submissions. Your analyses of past or present economic issues, your visions for a better economic future.



Any article (or other type of content) in line with SE's mission is welcome, which is to:
  1. Analyse the economic system (capitalism)
  2. Explore fair, egalitarian, democratic and green alternatives (indeed, some kind of socialism).
Note that SE is non-funded and voluntary-run and does not pay its contributors. Also note that SE would not claim any exclusive copyright and you would be free to publish your article elsewhere too (and SE also accepts content previously published elsewhere).

Guidelines:
  • Length: anything under 3000 words. Longer articles may be published in separate parts.
  • Subject: related to economic issues. Of course, you text may cover other fields (politics, culture, etcetera) as well, but SE tries to maintain a focus on economic issues.
  • Language: try to avoid jargon. Non-academics and non-economists should be able to understand (most of) your article as well.
Send your draft, including a short bio and picture of yourself, to: join@socialisteconomist.com




Comments

  1. Michael Hudson's recently posted article on $4.3 trillion bailout of the banks by the Fed is actually a low end estimate. If one includes the Fed's resale of new bonds as the prior bonds matured, during the period 2008-16, then the Fed provided QE in the amount of somewhere between $5-$6 trillion in bailout. And don't forget the $300 billion in underwriting of Citigroup and Bank of America in 2008-09, which were technically bankrupt at the time. Or the special auctions to bail mutual funds and other shadow banks. Or the $200 billion or so of TARP money for mid-sized banks, or the $180b for AIG, and another $90b for finance arms of GM and GE. Or the Fed's $29b to Chase to scoop up Bear Stearns, or the FDIC cost to cover deposits at WaMu, or the Treasury's $300b bailout of Fannie Mae/Freddie Mac, etc. etc.

    ReplyDelete
    Replies
    1. Thanks for this comment. You're invited to add your comment below Hudson's article as well: http://www.socialisteconomist.com/2018/09/the-lehman-10th-anniversary-spin-as.html

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Another economics is possible.

SE's mission: to analyse the economic system (capitalism), and
explore fair, egalitarian, democratic and green alternatives
(indeed, some kind of socialism).

Read more about SE here.





Contributors




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Ghosh
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Milanovic
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Henwood
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Patnaik
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Hahnel
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Shaikh
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Hudson
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Kliman
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Ruccio
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Samary
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Patnaik
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Huber
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Zaman
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Rasmus
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Bockman
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Norfield







SE welcomes your submissions.

Your analyses of past or present economic issues.

Your visions for a better economic future.

See how to submit here.








SE is a platform, open to a diversity of views from thinkers from across the globe.
Views expressed in articles on SE do not necessarily reflect the views of SE's editors.