WHAT’S THE ECONOMY FOR, ANYWAY?. Part 1 of 3. Two Competing Views of the Economy. The Private Ownership Society. Vs. The Public Good Society. The Logic of the Ownership Society.
Part 1 of 3
The Private Ownership Society
The Public Good Society
The Logic of the Ownership Society
Supporters of the public good society envision an economic system that provides:
Before evaluating current policies we need to ask a fundamental question:
What’s the economy for, anyway?
(DIJA, NASDAQ, S & P 500, etc.)
Americans now have a net personal
savings rate of -1%, lower than
any European country except Greece!!!