At a moment when the very capacity of modern capitalism to avoid accelerating inequality, a hollowed-out middle class, structural poverty, and growing economic insecurity is being questioned—and even the role of work in a coming age of A.I. and robots is less certain—we should be stepping back to reflect on what is precisely the ultimate economic goal we aspire to. Simply put: If you live in times when major steps forward are needed, it is important to be clear on your destination—or at least to know the North Star that is guiding you.

    My answer to the end goal question is what I will define as “economic dignity.”



cgod:

I'm not done with it yet but it's well worth a read

It name checks just about every one of my favorite economists.


posted by kleinbl00: 162 days ago