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On the Death of John Kenneth Galbraith
Rudolf Hickel
The great economist John Kenneth Galbraith was shocked at the public squalor alongside private affluence. He devised the horse-sparrow theory, horses must be fed so the sparrows can live. Profit making is different than profit maximizing. A healthy economy means shrinking the financial sector and expanding the public sector. Reducing working hours is the only way to create full employment and ensure everyone the right to meaningful work.

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