Occupy economics

Econ4 economists’ statement in support of Occupy Wall Street:

We are economists who oppose ideological cleansing in the economics profession. Equally we oppose political cleansing in the vital debate over the causes and consequences of our current economic crisis.

We support the efforts of the Occupy Wall Street movement across the country and across the globe to liberate the economy from the short-term greed of the rich and powerful one percent.

We oppose cynical and perverse attempts to misuse our police officers and public servants to expel advocates of the public good from our public spaces.

We extend our support to the vision of building an economy that works for the people, for the planet, and for the future, and we declare our solidarity with the Occupiers who are excercising our democratic right to demand economic and social justice.

(The economists who have signed this statement are listed here.)

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1 thought on “Occupy economics

  1. dickerson3870

    RE: “Occupy economics”

    ALSO SEE: The New Authoritarianism – From Decaying Democracies to Technocratic Dictatorships and Beyond, By James Petras, 11/28/11

    (excerpt) We live in a time of dynamic, regressive, regime changes. A period in which major political transformations and the dramatic roll back of a half century of socio-economic legislation are accelerated by a prolonged and deepening economic crises and a world-wide financier led offensive. This essay explores major ongoing regime changes that have a profound impact on governance, the class structures, economic institutions, political freedom and national sovereignty. We delineate a two-stage process of political regression. The first stage involves the transition from a decaying democracy to an oligarchical democracy; the second stage currently unfolding in Europe involves the transition from oligarchical democracy to colonial-technocratic dictatorship…

    ENTIRE ARTICLE – http://www.palestinechronicle.com/view_article_details.php?id=17273

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