Co-ops change the game

Co-ops change the game

Steve Keen says he builds his economic model based on the motivation of three types of actors. First, the worker, who wants to maximise his or her wage. Then there’s the capitalist who wants to maximise profits. And the financiers who wants to lend out as much money as possible with the best possible returns.


How does Steve’s model change if most businesses became cooperatives. Workers would also become shareholders, also wanting to see strong profits. They might also have other considerations, such as working conditions, which will impinge on the returns won by the capitalists. Financiers might lose out as the cooperatives seek to reinvest their funds in new lines of business.


This week Phil and Steve examine how co=operatives change the model of the capitalist system and ask why we don’t see more of them.

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(512)

Too slow for zero?

Too slow for zero?

This week Phil and Steve confront the mathematical and environmental reality of a "zero growth" future, sparked by a debate over the deflationary traps of finite currency systems like Bitcoin. Steve t...

7 Juli 42min

Challenges for the reserve currency

Challenges for the reserve currency

How much longer can the United States rely on the US dollar to dominate the global financial system, and what happens when the cracks finally start to show? In this week's Debunking Economics podcast,...

2 Juli 39min

The world’s anti-migration shift to the right

The world’s anti-migration shift to the right

Phil and Steve confront the global surge in anti-immigration rhetoric and right-wing political momentum, tracing its roots to the structural failures of neoliberalism rather than the actions of migran...

23 Juni 48min

GDP is hopelesss as a relative measure

GDP is hopelesss as a relative measure

Steve and Phil critique our systemic over-reliance on Gross Domestic Product (GDP) as the definitive baseline for comparing global economies and measuring societal well-being. The discussion underscor...

17 Juni 45min

 Is Labour right to cut tax incentives for housing speculators?

Is Labour right to cut tax incentives for housing speculators?

This week Phil and Steve dig into the storm of controversy over Australia's new budget rules targeting property speculators. The Labor government has scaled back negative gearing and abolished the 50%...

10 Juni 44min

Hedging an Uncertain Future

Hedging an Uncertain Future

This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will r...

20 Maj 38min

Conditioned to borrow, not save

Conditioned to borrow, not save

This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a ...

13 Maj 45min

Improving Productivity

Improving Productivity

In this episode of Debunking Economics, Steve Keen dismantles the mainstream economic obsession with "Total Factor Productivity" (TFP), labeling it a mythical construct that ignores the laws of physic...

6 Maj 32min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
dynastin
rss-borsens-finest
uppgang-och-fall
avanzapodden
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
fill-or-kill
bathina-en-podcast
rss-dagen-med-di
tabberaset
borslunch-2
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-kort-lang-analyspodden-fran-di
market-makers
rss-hos-psykologen
rss-borslunch
rss-veckans-trade