socialist-economics

"Globalization Has Contributed to Tearing Societies Apart" Interview with Dani Rodrik As populist parties and politicians in Europe keep racking up   electoral victories , and the ( somewhat overblown ) fears of impending trade war whip US media into a   frenzy , it is clear that the populist backlash that has roiled   Western democracies in the past two years is far from over, as devastated communities and workers that have seen the benefits of globalization   pass them by   continue their   insurrection   against business and political   elites .   While this populist backlash has shocked many over the past two years, it didn't shock Dani Rodrik. The widening chasm between the winners and losers of globalization, the damage that globalization wrought upon low-skilled workers in Europe and the United States, the dangers that this social disintegration would inevitably result in a huge political backlash—all were subjects that the Harvard economist explored and predic...

Evidence shows collective bargaining—especially with the ability to strike—raises teacher pay https://www.epi.org/blog/evidence-shows-collective-bargaining-especially-with-the-ability-to-strike-raises-teacher-pay/ Some recent media reports   on a   new academic study   by political scientist Agustina S. Paglayan give the impression that the paper's findings reflect badly on teachers unions. This is a misreading, however, of the study and of its implications. A key issue lost in the press accounts is that the study is, first and foremost, an historical analysis, examining the effects of the expansion of state collective bargaining rights for teachers between 1959 and 1990. Given the historical focus, the study excludes the experience of the last three decades, where the evidence clearly suggests that collective bargaining raises teachers pay. But, even with respect to just the historical period studied, the paper's conclusions are much more nuanced than the press reports sug...

John Case has sent you a link to a blog: Blog: Enlighten Radio Post: April is California Month -- ALL month -- on Enlighten Radio Link: http://www.enlightenradio.org/2018/03/april-is-california-month-all-month-on.html -- Powered by Blogger https://www.blogger.com/

Lots of good questions here, but also a lot of low confidence assumptions....and no answers. Trade: The Big Picture http://prospect.org/article/trade-big-picture AP Photo/Nick Ut Cargo containers are seen on top of ships anchored off the Long Beach Harbor waiting to be unloaded  I n the wake of the announcement on steel and aluminum tariffs, and complaints against China's thefts of intellectual property, the trade discussion emphasizes a U.S. administration perceived as alarmingly protectionist; and the risks of a damaging trade war between the U.S. and China, and perhaps globally. But the real problem is much broader: a multilateral trade system is seen as moribund, unable to meaningfully reduce barriers and effectively adjudicate disputes.  And there is growing unease about the overall state of economic globalization. Related questions include: Is the U.S. undermining the WTO, and if so what are the implications? What are the consequences of the US withdrawal from the TPP, an...