#hayek — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #hayek, aggregated by home.social.
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𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀: 𝗪ä𝗵𝗿𝘂𝗻𝗴𝘀𝘄𝗲𝘁𝘁𝗯𝗲𝘄𝗲𝗿𝗯 𝗶𝗻 𝗧𝗵𝗲𝗼𝗿𝗶𝗲 𝘂𝗻𝗱 𝗚𝗲𝘀𝗰𝗵𝗶𝗰𝗵𝘁𝗲
Stablecoins werden von manchen als modernes Beispiel für privaten Währungswettbewerb im Sinne von Friedrich August von Hayek diskutiert. Doch historisch und theoretisch lohnt sich ein genauerer Blick, so Jan Greitens, Professor für VWL an der Westfälischen Hochschule und Experte für die Geschichte des ökonomischen Denkens, in einem Beitrag für unser Blog.
Denn Stablecoins konkurrieren nicht als eigenständige Währungen und haben im Idealfall gerade keinen flexiblen Wechselkurs. Sie sind vielmehr möglichst stabil an eine Währung, meist den US-Dollar, gebunden. Und somit erweisen sich für den Blick auf aktuelle Stablecoin-Politik vielmehr historische Formen des Währungswettbewerbs als interessant. Insbesondere auf die als Gresham’s Law beschriebenen Probleme mit der Qualität von Münzen in der Frühen Neuzeit und die amerikanische Free-Banking-Ära des 19. Jahrhunderts.🔗 https://zevedi.de/efinblog-stablecoins-und-waehrungswettbewerb/
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𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀: 𝗪ä𝗵𝗿𝘂𝗻𝗴𝘀𝘄𝗲𝘁𝘁𝗯𝗲𝘄𝗲𝗿𝗯 𝗶𝗻 𝗧𝗵𝗲𝗼𝗿𝗶𝗲 𝘂𝗻𝗱 𝗚𝗲𝘀𝗰𝗵𝗶𝗰𝗵𝘁𝗲
Stablecoins werden von manchen als modernes Beispiel für privaten Währungswettbewerb im Sinne von Friedrich August von Hayek diskutiert. Doch historisch und theoretisch lohnt sich ein genauerer Blick, so Jan Greitens, Professor für VWL an der Westfälischen Hochschule und Experte für die Geschichte des ökonomischen Denkens, in einem Beitrag für unser Blog.
Denn Stablecoins konkurrieren nicht als eigenständige Währungen und haben im Idealfall gerade keinen flexiblen Wechselkurs. Sie sind vielmehr möglichst stabil an eine Währung, meist den US-Dollar, gebunden. Und somit erweisen sich für den Blick auf aktuelle Stablecoin-Politik vielmehr historische Formen des Währungswettbewerbs als interessant. Insbesondere auf die als Gresham’s Law beschriebenen Probleme mit der Qualität von Münzen in der Frühen Neuzeit und die amerikanische Free-Banking-Ära des 19. Jahrhunderts.🔗 https://zevedi.de/efinblog-stablecoins-und-waehrungswettbewerb/
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https://www.europesays.com/at/370693/ Hollywood-Ikone – Salma Hayek wird 60: Das ist ihr bewegtes Leben – Kronen Zeitung #AntonioBanderas #AT #Austria #Celebrities #Desperado #Entertainment #François #FrançoisPinaultJr #FrançoisHenriPinault #französischen #Frida #FridaKahlo #HarveyWeinsteinSie #Hayek #LaraCosimaHenckel #mexikanischen #mexiko #Österreich #Paris #Pinaults #Prominente #RobertRodriguez #SalmaHayek #Unterhaltung #USA #ValentinaPaloma #VenedigIhre #Weinstein
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https://www.europesays.com/at/340800/ Herzt „Panchito“ – Salma Hayek zeigt sich als stolze Stief-Großmutter #AT #Austria #Balenciaga #DasLebenDerAnderen #deutschen #Entertainment #FlorianHenckel #François #FrançoisPinaultJr #FrançoisHenriPinault #französischen #Gucci #Hayek #HayekNennt #Hayeks #Kering #LaraCosimaHenckel #Österreich #Pinault #PinaultJr #SalmaHayek #Unterhaltung #Valentina
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While reading “Masters of the Universe: #Hayek, #Friedman, and the Birth of #Neoliberal Politics,” I learned that the reason that benefits like #healthcare are tied to #employment in the US is because of a compromise position taken by the AFL-CIO and the major unions after WWII. Looking for more detail, I ran a query through kimi.com & the response was so good that I thought I’d share it on here.
Query: After World War II, why did the AFL-CIO and major unions in the United States promote tying benefits to employment instead of universal benefits?
Response: After World War II, the AFL-CIO and major U.S. unions pushed for employer-tied benefits instead of universal government programs due to a combination of political pragmatism, Cold War ideology, and strategic self-interest.
Here are the key reasons:
1. The Failure of Universal Healthcare (Truman’s Defeat)
The decisive turning point was the collapse of President Truman’s national health insurance plan. It was fiercely opposed by the American Medical Association, conservatives, and Southern Democrats, and ultimately defeated. Having lost that battle, labor leaders like UAW President Walter Reuther pivoted to what they called a "second-best" strategy: securing benefits through collective bargaining.2. The Cold War & Anti-Socialism
In the late 1940s and 50s, universal benefits were easily branded as “socialized medicine.” To survive, the CIO purged its communist-led unions, and the merged AFL-CIO positioned itself firmly within the anti-communist consensus. Tying benefits to employment was seen as a capitalist, free-market alternative that demonstrated private-sector unions could deliver the American Dream. 1/2 -
While reading “Masters of the Universe: #Hayek, #Friedman, and the Birth of #Neoliberal Politics,” I learned that the reason that benefits like #healthcare are tied to #employment in the US is because of a compromise position taken by the AFL-CIO and the major unions after WWII. Looking for more detail, I ran a query through kimi.com & the response was so good that I thought I’d share it on here.
Query: After World War II, why did the AFL-CIO and major unions in the United States promote tying benefits to employment instead of universal benefits?
Response: After World War II, the AFL-CIO and major U.S. unions pushed for employer-tied benefits instead of universal government programs due to a combination of political pragmatism, Cold War ideology, and strategic self-interest.
Here are the key reasons:
1. The Failure of Universal Healthcare (Truman’s Defeat)
The decisive turning point was the collapse of President Truman’s national health insurance plan. It was fiercely opposed by the American Medical Association, conservatives, and Southern Democrats, and ultimately defeated. Having lost that battle, labor leaders like UAW President Walter Reuther pivoted to what they called a "second-best" strategy: securing benefits through collective bargaining.2. The Cold War & Anti-Socialism
In the late 1940s and 50s, universal benefits were easily branded as “socialized medicine.” To survive, the CIO purged its communist-led unions, and the merged AFL-CIO positioned itself firmly within the anti-communist consensus. Tying benefits to employment was seen as a capitalist, free-market alternative that demonstrated private-sector unions could deliver the American Dream. 1/2 -
While reading “Masters of the Universe: #Hayek, #Friedman, and the Birth of #Neoliberal Politics,” I learned that the reason that benefits like #healthcare are tied to #employment in the US is because of a compromise position taken by the AFL-CIO and the major unions after WWII. Looking for more detail, I ran a query through kimi.com & the response was so good that I thought I’d share it on here.
Query: After World War II, why did the AFL-CIO and major unions in the United States promote tying benefits to employment instead of universal benefits?
Response: After World War II, the AFL-CIO and major U.S. unions pushed for employer-tied benefits instead of universal government programs due to a combination of political pragmatism, Cold War ideology, and strategic self-interest.
Here are the key reasons:
1. The Failure of Universal Healthcare (Truman’s Defeat)
The decisive turning point was the collapse of President Truman’s national health insurance plan. It was fiercely opposed by the American Medical Association, conservatives, and Southern Democrats, and ultimately defeated. Having lost that battle, labor leaders like UAW President Walter Reuther pivoted to what they called a "second-best" strategy: securing benefits through collective bargaining.2. The Cold War & Anti-Socialism
In the late 1940s and 50s, universal benefits were easily branded as “socialized medicine.” To survive, the CIO purged its communist-led unions, and the merged AFL-CIO positioned itself firmly within the anti-communist consensus. Tying benefits to employment was seen as a capitalist, free-market alternative that demonstrated private-sector unions could deliver the American Dream. 1/2 -
While reading “Masters of the Universe: #Hayek, #Friedman, and the Birth of #Neoliberal Politics,” I learned that the reason that benefits like #healthcare are tied to #employment in the US is because of a compromise position taken by the AFL-CIO and the major unions after WWII. Looking for more detail, I ran a query through kimi.com & the response was so good that I thought I’d share it on here.
Query: After World War II, why did the AFL-CIO and major unions in the United States promote tying benefits to employment instead of universal benefits?
Response: After World War II, the AFL-CIO and major U.S. unions pushed for employer-tied benefits instead of universal government programs due to a combination of political pragmatism, Cold War ideology, and strategic self-interest.
Here are the key reasons:
1. The Failure of Universal Healthcare (Truman’s Defeat)
The decisive turning point was the collapse of President Truman’s national health insurance plan. It was fiercely opposed by the American Medical Association, conservatives, and Southern Democrats, and ultimately defeated. Having lost that battle, labor leaders like UAW President Walter Reuther pivoted to what they called a "second-best" strategy: securing benefits through collective bargaining.2. The Cold War & Anti-Socialism
In the late 1940s and 50s, universal benefits were easily branded as “socialized medicine.” To survive, the CIO purged its communist-led unions, and the merged AFL-CIO positioned itself firmly within the anti-communist consensus. Tying benefits to employment was seen as a capitalist, free-market alternative that demonstrated private-sector unions could deliver the American Dream. 1/2 -
While reading “Masters of the Universe: #Hayek, #Friedman, and the Birth of #Neoliberal Politics,” I learned that the reason that benefits like #healthcare are tied to #employment in the US is because of a compromise position taken by the AFL-CIO and the major unions after WWII. Looking for more detail, I ran a query through kimi.com & the response was so good that I thought I’d share it on here.
Query: After World War II, why did the AFL-CIO and major unions in the United States promote tying benefits to employment instead of universal benefits?
Response: After World War II, the AFL-CIO and major U.S. unions pushed for employer-tied benefits instead of universal government programs due to a combination of political pragmatism, Cold War ideology, and strategic self-interest.
Here are the key reasons:
1. The Failure of Universal Healthcare (Truman’s Defeat)
The decisive turning point was the collapse of President Truman’s national health insurance plan. It was fiercely opposed by the American Medical Association, conservatives, and Southern Democrats, and ultimately defeated. Having lost that battle, labor leaders like UAW President Walter Reuther pivoted to what they called a "second-best" strategy: securing benefits through collective bargaining.2. The Cold War & Anti-Socialism
In the late 1940s and 50s, universal benefits were easily branded as “socialized medicine.” To survive, the CIO purged its communist-led unions, and the merged AFL-CIO positioned itself firmly within the anti-communist consensus. Tying benefits to employment was seen as a capitalist, free-market alternative that demonstrated private-sector unions could deliver the American Dream. 1/2 -
All-new in SEP, Capitalism, by Chiara Cordelli,
https://plato.stanford.edu/entries/capitalism/
#sep #capitalism #kapitalismi #Economics #talous #riisto #exploitation #property #ownership #omistus #socialism #sosialismi #yhteiskunta #society #work #labor #työ #political #politicalPhilosophy #economy #filosofia #philosophy #concept #hayek #marx #domination #alienation #nature #weber #keynes #polanyi #freedom
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All-new in SEP, Capitalism, by Chiara Cordelli,
https://plato.stanford.edu/entries/capitalism/
#sep #capitalism #kapitalismi #Economics #talous #riisto #exploitation #property #ownership #omistus #socialism #sosialismi #yhteiskunta #society #work #labor #työ #political #politicalPhilosophy #economy #filosofia #philosophy #concept #hayek #marx #domination #alienation #nature #weber #keynes #polanyi #freedom
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All-new in SEP, Capitalism, by Chiara Cordelli,
https://plato.stanford.edu/entries/capitalism/
#sep #capitalism #kapitalismi #Economics #talous #riisto #exploitation #property #ownership #omistus #socialism #sosialismi #yhteiskunta #society #work #labor #työ #political #politicalPhilosophy #economy #filosofia #philosophy #concept #hayek #marx #domination #alienation #nature #weber #keynes #polanyi #freedom
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All-new in SEP, Capitalism, by Chiara Cordelli,
https://plato.stanford.edu/entries/capitalism/
#sep #capitalism #kapitalismi #Economics #talous #riisto #exploitation #property #ownership #omistus #socialism #sosialismi #yhteiskunta #society #work #labor #työ #political #politicalPhilosophy #economy #filosofia #philosophy #concept #hayek #marx #domination #alienation #nature #weber #keynes #polanyi #freedom
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https://www.gulfchannels.com/561261/ Salma Hayek: Wild Wild West #celebrities #CelebrityHaven #Celebs #Hayek #Salma #West #wild
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https://www.gulfchannels.com/561261/ Salma Hayek: Wild Wild West #celebrities #CelebrityHaven #Celebs #Hayek #Salma #West #wild
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@sortius A first step might be to try and change the structure of CEO-led companies from hierarchical to worker cooperatives.
We must attack the notion who owns the means of production. All employees of a company should be able to vote democratically/transparently for decisions that determine the course of the company. The decisions shouldn't be made by some God-emperor-like CEO and his lackeys who buckle under so that they might receive larger crumbs.
Today's capitalism isn't even what Adam Smith proposed. There is no "free hand of the market" in today's capitalism. Capitalism in its current form is what disgusting Friedrich Hayek proposed.
Today's world is very much Hayek's world. He is the architect who shaped today's world in very large parts.
@champagneanarchism has some really good videos where he debunks all the stupid and disgusting ideas of Hayek.
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@sortius A first step might be to try and change the structure of CEO-led companies from hierarchical to worker cooperatives.
We must attack the notion who owns the means of production. All employees of a company should be able to vote democratically/transparently for decisions that determine the course of the company. The decisions shouldn't be made by some God-emperor-like CEO and his lackeys who buckle under so that they might receive larger crumbs.
Today's capitalism isn't even what Adam Smith proposed. There is no "free hand of the market" in today's capitalism. Capitalism in its current form is what disgusting Friedrich Hayek proposed.
Today's world is very much Hayek's world. He is the architect who shaped today's world in very large parts.
@champagneanarchism has some really good videos where he debunks all the stupid and disgusting ideas of Hayek.
-
@sortius A first step might be to try and change the structure of CEO-led companies from hierarchical to worker cooperatives.
We must attack the notion who owns the means of production. All employees of a company should be able to vote democratically/transparently for decisions that determine the course of the company. The decisions shouldn't be made by some God-emperor-like CEO and his lackeys who buckle under so that they might receive larger crumbs.
Today's capitalism isn't even what Adam Smith proposed. There is no "free hand of the market" in today's capitalism. Capitalism in its current form is what disgusting Friedrich Hayek proposed.
Today's world is very much Hayek's world. He is the architect who shaped today's world in very large parts.
@champagneanarchism has some really good videos where he debunks all the stupid and disgusting ideas of Hayek.
-
@sortius A first step might be to try and change the structure of CEO-led companies from hierarchical to worker cooperatives.
We must attack the notion who owns the means of production. All employees of a company should be able to vote democratically/transparently for decisions that determine the course of the company. The decisions shouldn't be made by some God-emperor-like CEO and his lackeys who buckle under so that they might receive larger crumbs.
Today's capitalism isn't even what Adam Smith proposed. There is no "free hand of the market" in today's capitalism. Capitalism in its current form is what disgusting Friedrich Hayek proposed.
Today's world is very much Hayek's world. He is the architect who shaped today's world in very large parts.
@champagneanarchism has some really good videos where he debunks all the stupid and disgusting ideas of Hayek.
-
@sortius A first step might be to try and change the structure of CEO-led companies from hierarchical to worker cooperatives.
We must attack the notion who owns the means of production. All employees of a company should be able to vote democratically/transparently for decisions that determine the course of the company. The decisions shouldn't be made by some God-emperor-like CEO and his lackeys who buckle under so that they might receive larger crumbs.
Today's capitalism isn't even what Adam Smith proposed. There is no "free hand of the market" in today's capitalism. Capitalism in its current form is what disgusting Friedrich Hayek proposed.
Today's world is very much Hayek's world. He is the architect who shaped today's world in very large parts.
@champagneanarchism has some really good videos where he debunks all the stupid and disgusting ideas of Hayek.
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When you live in a Hayekian ideology, that says ”economic freedom is the root of all other freedoms”, it actually makes sense for Maga Mike to say that public servants should have the right to participate in insider trading.
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When you live in a Hayekian ideology, that says ”economic freedom is the root of all other freedoms”, it actually makes sense for Maga Mike to say that public servants should have the right to participate in insider trading.
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When you live in a Hayekian ideology, that says ”economic freedom is the root of all other freedoms”, it actually makes sense for Maga Mike to say that public servants should have the right to participate in insider trading.
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When you live in a Hayekian ideology, that says ”economic freedom is the root of all other freedoms”, it actually makes sense for Maga Mike to say that public servants should have the right to participate in insider trading.
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When you live in a Hayekian ideology, that says ”economic freedom is the root of all other freedoms”, it actually makes sense for Maga Mike to say that public servants should have the right to participate in insider trading.
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It is time. Time for the age of #Hayek to end. It’s time to stop pretending, that his thesis about economic #freedom being the foundation of all other freedoms is correct.
It isn’t. Economic freedom is a good outcome from all other forms of freedoms being on good standings, but correlation isn’t causation.
#Neoliberalism has shown in practice, that unlimited economic freedoms for some always lead to other forms of freedoms diminishing for others.
The theory is bullshit. Time to move on.
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It is time. Time for the age of #Hayek to end. It’s time to stop pretending, that his thesis about economic #freedom being the foundation of all other freedoms is correct.
It isn’t. Economic freedom is a good outcome from all other forms of freedoms being on good standings, but correlation isn’t causation.
#Neoliberalism has shown in practice, that unlimited economic freedoms for some always lead to other forms of freedoms diminishing for others.
The theory is bullshit. Time to move on.
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It is time. Time for the age of #Hayek to end. It’s time to stop pretending, that his thesis about economic #freedom being the foundation of all other freedoms is correct.
It isn’t. Economic freedom is a good outcome from all other forms of freedoms being on good standings, but correlation isn’t causation.
#Neoliberalism has shown in practice, that unlimited economic freedoms for some always lead to other forms of freedoms diminishing for others.
The theory is bullshit. Time to move on.
-
It is time. Time for the age of #Hayek to end. It’s time to stop pretending, that his thesis about economic #freedom being the foundation of all other freedoms is correct.
It isn’t. Economic freedom is a good outcome from all other forms of freedoms being on good standings, but correlation isn’t causation.
#Neoliberalism has shown in practice, that unlimited economic freedoms for some always lead to other forms of freedoms diminishing for others.
The theory is bullshit. Time to move on.
-
It is time. Time for the age of #Hayek to end. It’s time to stop pretending, that his thesis about economic #freedom being the foundation of all other freedoms is correct.
It isn’t. Economic freedom is a good outcome from all other forms of freedoms being on good standings, but correlation isn’t causation.
#Neoliberalism has shown in practice, that unlimited economic freedoms for some always lead to other forms of freedoms diminishing for others.
The theory is bullshit. Time to move on.
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https://www.europesays.com/it/552878/ Sinner tra le stelle: serata esclusiva Gucci prima dell’assalto a Wimbledon #azzurro #cena #circolo #CircoloRistretto #claridge #ClaridgeLocali #ClaridgeLocaliEsclusivi #compagnia #CompagniaParata #CompagniaParataStelle #domani #erba #esclusiva #esclusivi #gala #GalaClaridge #GalaClaridgeLocali #grecia #GreciaCircolo #gucci #hayek #IT #Italia #Italy #londra #salma #SalmaHayek #serata #Sinner #Sport #Sports #stelle #tennis #verde #wimbledon
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Zu meinem Audio-Podcast
'Tagbuch des Neoaristokratismus'
erstelle ich für jede Episode Wiki-Beiträge zum Nachlesen.
Die letzten beiden wurden noch nicht verlinkt:#Hayek Gesellschaft:
https://www.klassismus.de/index.php?title=Podcast_13_-_Das_demokratiefeindliche_Netzwerk_der_Hayek-GesellschaftGottesstaat-Ambitionen: #AfD und Iran:
https://www.klassismus.de/index.php?title=Podcast_14_-_Gottesstaat-Ambitionen_-_AfD_und_Iran -
Zu meinem Audio-Podcast
'Tagbuch des Neoaristokratismus'
erstelle ich für jede Episode Wiki-Beiträge zum Nachlesen.
Die letzten beiden wurden noch nicht verlinkt:#Hayek Gesellschaft:
https://www.klassismus.de/index.php?title=Podcast_13_-_Das_demokratiefeindliche_Netzwerk_der_Hayek-GesellschaftGottesstaat-Ambitionen: #AfD und Iran:
https://www.klassismus.de/index.php?title=Podcast_14_-_Gottesstaat-Ambitionen_-_AfD_und_Iran -
Zu meinem Audio-Podcast
'Tagbuch des Neoaristokratismus'
erstelle ich für jede Episode Wiki-Beiträge zum Nachlesen.
Die letzten beiden wurden noch nicht verlinkt:#Hayek Gesellschaft:
https://www.klassismus.de/index.php?title=Podcast_13_-_Das_demokratiefeindliche_Netzwerk_der_Hayek-GesellschaftGottesstaat-Ambitionen: #AfD und Iran:
https://www.klassismus.de/index.php?title=Podcast_14_-_Gottesstaat-Ambitionen_-_AfD_und_Iran