1/3 The more I think about it, the more I believe we can learn from post-fascist Germany. Dependence on Wall Street wrought the post-29 crash and depression that brought the Nazis to power. After the War, (a) labor-capital codetermination of business operations, (b) a policy ...
2/3 ... focus on inclusive production rather than elite 'high finance,' (c) enduring public investment in education, social insurance and other public goods, and (d) a new constitution that authorized the state to preempt and stamp out fascism ...
3/3 ... enabled a 'miracle' that endures. Of course there are problems, and of course the EMU artificially depresses the global prices of German exports, but nevertheless there is much we can learn from our German friends as we now enter our own post-fascist era. @HansWernerSinn
Ran out of space - meant to tag @KatharinaPistor, @ThomasPogge, @axelmueller13, and @scientificecon as well.
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