October 20, 2009
Now published:
Sebastian Dullien, Hansjörg Herr and Christian Kellermann
Der Gute Kapitalismus... und was sich dafür nach der Krise ändern müsste (with a foreword by Gesine Schwan)
Bielefeld: Transcript Verlag
The crisis has shown how fine the line is which separates financial capitalism and the economic abyss. The crisis generated by the excessive freedom opened up by a global market compelled governments to bail out the financial sector around the world. For over 10 years, neoliberal recipes were concocted by governments which believed in a 'third way', ushering in market-oriented reforms, especially in the financial and labour markets. Today, this ideology is coming apart at the seams and it appears inevitable that political actors will opt for more state, more regulation and more control over financial markets. However, there is no consistent concept to hand which embraces every dimension of a functioning and sustainable economic model of the future. What would such a model look like and how could capitalism actually be made 'good', in the sense of benefitting everyone in society?
The authors present a series of key changes which would yield an economic model that unleashes the potential of markets, while minimising their associated risks. The model rests on four pillars: (i) banks and the financial system, (ii) wages and labour markets, (iii) the public sector and (iv) 'the world' (global governance).
October 19, 2009
At October 15th the Swedish Trade Union Confederation (LO) and the Friedrich Ebert Foundation jointly organized an international conference on “Employment Policy in the Crisis – Experiences and Roads Ahead” in order to bring outstanding international and Swedish experts together to discuss both macroeconomic and labour market policies, in these very difficult times of economic crisis.
The special attention was on labour markets and on major policy lessons learnt in other countries, as well as in Sweden: What were successful policies and which policies were rather ineffective? What needs to be done to help labour markets to recover fast from the crisis?
Find below the presentations held at the conference:
Thomas Östros. Full Employment Policy Design – During and After the Crisis 2009/10/16
Anna Thoursie. Labour Market Policies during the Crisis – lessons for the future? 2009/10/16
Paul Gregg. Preventing Disconnection: Recession and Beyond 2009/10/16
Peter Fredriksson. What happened to those who lost their jobs during the 1990s? 2009/10/16
Raymond Torres. Global jobs crisis: strengths and risks of current responses 2009/10/16
Ronald Schettkatt. Macroeconomic Policies to stabilize labor markets 2009/10/16