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Toward a Post-Keynesian Political Economy for the 21st Century: General Reflections and Considerations on an Era Ripe for Change

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  • C. J. Polychroniou
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    Abstract

    The global economy is in trouble. Indeed, the era of global neoliberalism, while still supreme, is fraught with serious problems and contradictions, as evidenced by both the recent global financial crisis and the inability of advanced economies to maintain steady growth and improve the condition of citizens. Global neoliberalism suppresses wages, increases inequality, and destroys the social fabric. It is a socioeconomic system in dire need of a replacement—and the responsibility falls clearly on progressive economics to chart a full-fledged alternative course.

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    File URL: http://www.levyinstitute.org/pubs/pn_13_2.pdf
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    Bibliographic Info

    Paper provided by Levy Economics Institute in its series Economics Policy Note Archive with number 13-02.

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    Date of creation: Mar 2013
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    Handle: RePEc:lev:levypn:13-02

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    1. Peter Temin & David Vines, 2013. "The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It," Economics Books, Princeton University Press, edition 1, volume 1, number 9932.
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