common pool
Its favourite narrative is of excessive demands on the ‘common pool’
on the standard economic theory of politics
Its favourite narrative is of excessive demands on the ‘common pool’
on the standard economic theory of politics
an old, though perhaps not venerable, concept
with a population that would have learned, over years of hegemonic re-education, to regard the distributional outcomes of free markets as fair, or at least as without alternative
the end of ‘Pumpkapitalismus’, with a not even roughly predictable loss of savings and income from savings, as well as a rise in unemployment and underemployment, as well as further cuts in public services following a new wave of budgetary consolidation
conception of the economy in polity and society