Une critique cinglante de la théorie économique à laquelle adhère Emmanuel Macron
Sa politique jupitérienne « fera plus de mal que de bien », selon Steve Keen, auteur du livre « L’Imposture économique » (Debunking Economics)
The rise and fall of Emmanuel Macron — RT Op-Edge
Since his election, Macron’s popularity has plunged faster than any French president in history. Attempts to explain this decline have focused on his pompous approach to governance—literally professing to want to govern like Jupiter. But there is a deeper cause. He has misdiagnosed the origins of the French economic malaise, and therefore his Jovian economic thunderbolts will do more harm than good.
It’s easy to show the blatant errors in the president’s perspective by merely looking at the data. Macron’s economic agenda cites an excessively large public sector as the fundamental cause of France’s malaise, and the main ’Evidence for the Prosecution’ is the towering level of government debt: as of March 2017, this was 111 percent of GDP, almost twice the 60 percent of GDP maximum allowed by the Maastricht Treaty.
But private liabilities are worse still: 187 percent of GDP. So, why does Macron, in common with politicians of almost all stripes, not worry about this far higher level of debt?
#économie_néo-classique #neo-classical_economics #ordolibéralism #ordoliberalism #Steve_Keen #néolibéralisme #neoliberalism #dette #debt
▻https://seenthis.net/messages/636186 via David Sharp