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Jukka Peltokoski

Joseph Stiglitz proposes co-op models as an alternative to trickle-down economics - Co-... - 0 views

  • A changing political landscape and economic challenges mean we are witnessing “interesting” but “unsettling” times, warned economist Joseph Stiglitz at the International Summit of Cooperatives in Quebec.
  • He said that alongside changes in the political landscape, such as Brexit and the upcoming elections in the USA, the world faced economic issues which are beyond the control of individuals and even national governments.
  • “Co-ops and the social economy provide a key third pillar.
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  • the salaries of chief executives rising by more than 300 times than that of the average US worker
  • USA
  • ichest 1% (not including capital gains) equals that of the bottom 90%
  • “Citizens know that the establishment has either lied to them or been totally incompetent. They feel that the economic system is rigged. They have lost trust in government and in the fairness of the political and economic system.”
  • I believe we can construct a world where the economy performs better for all, based on solidarity”.
  • “Some governments cut down on social security to grow GDP,” he said, “but the really important aspect is well-being. People actually feel better when they co-operate rather than being selfish.”
  • “There is going to be volatility, and co-ops are better able to manage risks than the private sector,”
  • Asked how much co-operatives could achieve while surviving in competitive markets, Prof Stiglitz warned that they “cannot ignore the laws of the economy”.
  • government regulation
  • t isn’t just the issue of government vs private sector.”
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    Stiglitzillä on jutussa hetkensä, mutta yleisanalyysi jää nahjuiseksi. Tulee vaikutelma, että uuden talouden tavoittelu edellyttäisi "korkeampaa moraalia". Voihan olla, että tämä on vain Coop Newsin toimittajan osaamattomuutta ja moralismia, mutta lisäksi tuo moraali tuntuisi olevan paljolti työmoraalia. Sosialismin aave jää iloisen kommunistin aaveen varjoon. "Mutta emmehän me halua lisätyötä, vaan vapautta. Eikä solidaarisuus ole meille taakka. Me luomme kulttuuria ja teknologiaa elämälle."
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