Society needs to learn how to create a functioning economy, and learn about the role of Government within this. The business world can teach us how to use planning as a tool for such learning.
Funding economic development is not “aid” or “charity”, it’s in everyone’s interests to create a stable functioning economy. This is rapidly becoming apparent in the economic chaos caused by the oil-price crash and coronavirus.
Learning from the Marshall Plan as a process of using wealth from a trade surplus to strengthen the international economy.
Learning from the Marshall Plan as a state-planned, state-funded approach to reindustrialise Western Europe after WWII.
The historical evidence of the role of the state in economic growth, based on Reinert’s book “How Rich Countries Got Rich… and Why Poor Countries Stay Poor”.
The unacknowledged role of cooperatives in the US textiles industry, based on evidence from Rivoli’s book “The Travels of a T-Shirt in the Global Economy”.
Are the arguments in the blog just socialism?
The factual and logical flaws in individualism, and the effect this has on how people see the world and understand economics.
The evidence that individualism has become the philosophy at the heart of Western civilisation.
How individualism becomes the source of the myths about how Britain and the USA grew rich.