Post # 2020. Which scenario?  will economics help manage the choice?

Provocation # 171 which scenario?  will economics help manage the choice?

As the political situation deteriorates we can foresee several possible groupings of interests

1. The Democratic party of the professional class (The Clinton grouping)

2. The disaffected: economically injured or threatened. Ferguson, et al, described)

3. The progressives:  Scandinavian style  social democracy and identity politics.

4. The Catastrophe grouping: global heating, tech replaces workers, government is broken and illegitimate, collapse of food production.

5. The holders of assets.

How will mainstream economics play among these four? Can it help manage the choice, or will it simply work to maintain continuity and existing momentum?  

Seems to me like a serious opportunity for economics.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s