I’m not a councilist. Of the two major streams of left-wing communism within the Third International, the German-Dutch current formed around spontaneous workers’ councils and the Italian current formed around organic party centralism, my preference is definitely for the latter. 4,588 more words
Tags » John Maynard Keynes
Large public debts are not always bad for an economy, just as efforts to rein them in are not always beneficial.
The focus on a balanced budget in the United States, for example, has led some elements of the Republican Party to block normal functions of state and even federal authorities, supposedly in the name of fiscal discipline. 236 more words