“The Capital Order” misses the imperative that sets the schedule for Austerity - i.e., Disruptive Technologies caused Loan Portfolio Devaluations & changes in payment schedules due to Overheated Economies A Constructive Critique by Gus More, of “The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism” a History of Political Economy written by Assistant Professor Clara E. Matei, of The New School for Social Research, Economics Department. Before my critique, let me say: “I won’t be surprised if ‘The Capital Order’ becomes part of the essential reading lists of ‘History of Political Economy’ classes at major and minor Universities around the world”. Assistant Professor Clara E. Matei has written an impressive scholarly work in both academic form and in its substance (with profound original paradigmatic insight). She has set the table for an analysis that will finally allow us to decipher whether Capitalism is not correctible or improvable with Keynesia...
The scaling down of apartment sizes segment in the video posted below made me loose some respect for Morning News NOW - their analyst guest said that smaller apartment sizes were due to "Consumer Demand"... sure, if you eliminate the coercive influences of the rest of the economy (especially the financials) then yeah people don't have the money to rent a comfortable sized apartment so in Economic lingo they "Demand" smaller thus less costly apartments (or in NYC, what some people used to call 'walk-in closets). As for "they want shared laundry facilities - OF COURSE... who wouldn't want to have their clothes washed in the same machines as cigarette smokers, cheap artificial soaps, pet hairs and odors, etc... right Lastly, NYC apartments getting bigger in size? Does anybody remember that renters where abandoning NYC? That wasn't mentioned as a cause of increasing apartment sizes. Bringing that NYC apt. sizes up without mentioning the exodus from...