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We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety.
Robin Hahnel
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Recognizing that the current form of globalization is nothing more than a generalized downward leveling in which global corporations are extracting more and more of the wealth, power, and productive energies from communities and the environment is the right approach... And knowing that in every specific battle, what we are fighting for is merely the substitution of the human agenda for the corporate agenda is what can guide and sustain us.
Robin Hahnel
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Under central planning neither planners, managers, nor workers had incentives to promote the social economic interest. Nor did impeding markets for final goods to the planning system enfranchise consumers in meaningful ways. But central planning would have been incompatible with economic democracy even if it had overcome its information and incentive liabilities. And the truth is that it survived as long as it did only because it was propped up by unprecedented totalitarian political power.
Robin Hahnel
Quote of the day
There is no scandal like rags, nor any crime so shameful as poverty.
George Farquhar
Robin Hahnel
Born:
March 25, 1946
(age 79)
Bio:
Robin Eric Hahnel is Professor of Economics at Portland State University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world.
Known for:
The ABC's of Political Economy (2002)
Economic Justice and Democracy (2005)
Robin Hahnel on Wikipedia
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