Add comment on:The Tiger and his Trainers
by Hans-Jurgen Urban
How preposterous to think we can avert the next crisis without regulating or shriveling the financial sector, addressing income inequality and radically rethinking the meaning and assumptions of economics! Hans-Jurgen Urban, a German union spokesperson from IG Metal Frankfurt, likens the financial crisis to a tiger breaking his cage and sees the welfare state and unions as his trainers. Economics should be pluralist and not brainwashing in market radicalism (cf. Ulrich Thielemann). Once saving was the elixer and then spending was the elixer.
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