NO CAPITALISM IS NOT A SOLUTION EITHER

ULRIKE HERRMANN

»The prevailing economic doctrine does not reflect reality. Smith, Marx and Keynes, on the other hand, contain almost everything we need to understand our economic system.«

Why do financial crises occur? Why are the rich rich and the poor poor? How does money work? Where does growth come from? Even children ask these questions - but economists can't answer them. Many tinker with theoretical models that have nothing to do with reality. Unfortunately, the mistakes made by economists not only cost billions, but also human lives. If you want to understand what is going wrong, you need to know the classics: Adam Smith, Karl Marx and John Maynard Keynes. They are hardly taught at universities, taught incorrectly or no longer taught at all. Yet these three theorists provided the best answers. They need to be rediscovered.
Moderator: Robert Misik, journalist and author

Ulrike Herrmann was born in 1964 and has been a business correspondent for the daily newspaper taz since 2000, where she was also a parliamentary correspondent and head of the opinion desk. She is a trained bank clerk, studied history, specialising in economic history and philosophy at the Free University of Berlin and is a typical middle-class child.

Moderator: Robert Misik, journalist and author

Ulrike Herrmann:
No capitalism is not a solution either. The crisis of today's economy - or what we can learn from Smith, Marx and Keynes
Westend 2016, ISBN: 9783864891410, 18,- €
Also as an ebook