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Add comment on:Three Approaches to the Economic Crisis
Before 1980 wages, productivity, investments and production pushed one another and ensured general prosperity. After 1980 wages were dropped as a driving force of economic demand. Deregulations, financial innovations and speculation enabled the financial sector to fill the demand gaps through consumer credits. A complete turning away from neoliberalism is necessary. The question how future economic demand can be generated is raised all the more urgently.
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