Blakeley, a thirty-two year old Oxford-educated economist/journalist, says that liberal democracies under capitalism are not true democracies. As things stand now, government and capital work together to help the rich get richer and the poor get poorer. True democracy is economic democracy, in which citizens not only vote but also have real control over their lives.
Tag: economics
A review of What’s Yours is Mine by Tom Slee
In a world where the so-called sharing economy seems to be the wave of the future, Slee’s look at the downside is much needed. He might have written more about the rise of the sharing economy from widespread unemployment, underemployment, and the weakening of the social safety net; however, his clear style, knowledge of his subject, and comprehensive bibliography make What’s Yours is Mine a must-read.