Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

196

The centerpiece of their July 1932 election propaganda, the Wirstchaftliches Sofortprogramm (the immediate economic program) laid out an alternative to austerity that looked an awful lot like the WTB plan. The pamphlet's first three points could not have been more anti-austerity: first, "unemployment causes poverty, employment creates prosperity"; second, "capital does not create jobs, jobs create capital"; and third, "unemployment benefits burden the economy but job creation simulates the economy." [...]

WTB plan = Keynesian, pro-job-creation plan

—p.196 Austerity's Natural History, 1914-2012 (178) by Mark Blyth 6 years, 11 months ago

The centerpiece of their July 1932 election propaganda, the Wirstchaftliches Sofortprogramm (the immediate economic program) laid out an alternative to austerity that looked an awful lot like the WTB plan. The pamphlet's first three points could not have been more anti-austerity: first, "unemployment causes poverty, employment creates prosperity"; second, "capital does not create jobs, jobs create capital"; and third, "unemployment benefits burden the economy but job creation simulates the economy." [...]

WTB plan = Keynesian, pro-job-creation plan

—p.196 Austerity's Natural History, 1914-2012 (178) by Mark Blyth 6 years, 11 months ago