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U.S. | Labor & Workers

"Change of Direction": James Galbraith
by James Galbraith
Thursday Dec 20th, 2012 11:03 AM
The economy should be a part of life, not a steamroller crushing self-determination and creativity. The time is right for alternative economics, access instead of excess, enough instead of more and qualitative growth instead of quantitative growth. Unlike a chair, an idea can be shared by a whole people. Mass unemployment, environment destruction and trade imbalance can only be solved by breaking out of the system of quantitative growth, endless growth in a finite world. Education is "the great transformer." (John Kenneth Galbraith)
James Galbraith, the son of John Kenneth Galbraith, is a professor of economics at the University of Texas.

to read his 14-page pdf article "Change of Direction" from December 6, 2012, click on



"Is the Whole World Going Broke?" Rosa Luxemburg foundation, December 2012, 40 pp