Conventional wisdom says that Europe’s crisis is a financial crisis. But is this really the case? In Industrial Poverty, economist Sven R. Larson, challenges this view and suggests instead that Europe is in a state of permanent economic decline. The crisis, says Larson, is in fact a welfare-state crisis. Over decades, government has grown too big for the private sector to pay for; when the recession hit in 2008 most European economies could no longer bear the burden of the welfare state. Raging deficits, accelerating unemployment and harsh austerity policies hurled the continent into more...
Conventional wisdom says that Europe’s crisis is a financial crisis. But is this really the case? In Industrial Poverty, economist Sven R. Larson, c...
This book discusses socialism and democracy. It approaches socialism not as a label but as an ideology. Based on a careful examination of what socialism is, traced back to Karl Marx, this book explains the tense relationship between socialism and democracy and how it has influenced political thought and practice in both Europe and America. This book carefully avoids conventional wisdom, seeking instead to originate its definition and analysis of socialism in its political theory and practice. Building on the relationship between socialism and democracy, the book explores how this uneasy...
This book discusses socialism and democracy. It approaches socialism not as a label but as an ideology. Based on a careful examination of what soci...