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Robin Hahnel: Shifting Priorities In Response To Changed Circumstances

In a recent blog on The New Left Project website, Michael Krog wrote: To cut to the chase. I don’t believe capitalism is going to be challenged in any meaningful way anytime soon…. Although obviously it’s vital that we challenge the economic dogmas of the neo-liberal version, or cult, of capitalism, I’m not really optimistic Read more…

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Robin Hahnel: Keep It Simple. Get It Straight

As usual, the occasion of the G-20 Summit gives rise to discussion by leftists of some current economic issues. And as usual the danger of crack-pot analyses growing in vacuums of economic ignorance is apparent. Here is some simple straight talk. (1) Quantitative Easing by the Federal Reserve Bank: The Federal Reserve Bank announced that Read more…

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Robin Hahnel: Election Redux: Learning From The 2010 Midterm Elections, Part 2: Lessons For The Left

It is often easier to give advice to others than to learn lessons oneself. What lessons should those of us who are self-conscious leftists learn from the midterm elections of 2010?   Teachable Moments: Rewind back to September 2008: An economic crisis of shocking proportions is breaking, soon to reveal that the celebrated “good times” Read more…

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Robin Hahnel: Election Redux: Learning From The 2010 Midterm Elections, Part 1: Lessons For Others

It is easy to point out lessons others should learn from the 2010 midterm elections. So let me assuage my pain by indulging in some easy finger pointing about what others should learn, before moving on in part 2 to the more difficult lessons that self-conscious Leftists might learn as well.   (1) Voters with Read more…

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Robin Hahnel: The Ecological Crisis And Libertarian Socialists

[For the Bfest, Athens, Greece, May 30, 2010] There is a growing divide among Leftists over how to respond to the threat of climate change. On the one hand many progressive environmentalists are fighting to keep the United Nations Framework Convention on Climate Change (UNFCCC) in control of negotiations, to preserve positive features of the Read more…

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Robin Hahnel: Financial Reform

Financial Reform   Nothing is more important right now to stabilize the global economic system than financial reform. Unfortunately, this is unlikely to happen in the foreseeable future.     As much as anything else, the triumph of neoliberalism has been the triumph of the financial sector over everyone else. In 1982 the financial industry Read more…

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Robin Hahnel: Why Cap And Trade And Not A Carbon Tax?

YES, a carbon tax is usually preferable to cap and trade. A carbon tax is preferable to cap and trade unless there are compelling practical reasons a tax won’t work as well.  A tax is simpler and easier to administer. With a tax there is no carbon market to go haywire. With a tax the Read more…

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Robin Hahnel: A Climate Change Policy Primer

Because misconceptions are commonplace a basic tutorial on the logic and implications of regulation, carbon taxes, and tradable carbon emission permits is useful. Hopefully this will correct some common misunderstandings about what different policies do, and do not do, and help leftists and environmentalists who are not professional economists avoid being brow beaten when debating Read more…

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Robin Hahnel: The Left & Climate Change 3/3: A Way Forward

[This is the third and final part of a three part ZNet commentary series by political economist Robin Hahnel posted between Dec. 24-26, 2009. Part 1 / 2] Part 3: A Way Forward What should Leftists do between now and the meetings of the Conference of Parties to the Kyoto Protocol in Mexico next year Read more…

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Robin Hahnel: The Left & Climate Change 2/3: Turn Back From The Road To Nowhere

[This is part 2 of a three part ZNet commentary series by political economist Robin Hahnel, to be posted Dec. 24-26, 2009. Part 1 was posted yesterday.] Part 2: Turn Back From The Road To Nowhere The October 2004 Durban Declaration states: "As representatives of people’s movements and independent organizations, we reject the claim that Read more…

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