Great idea. Unfortunately the problem is always the same: moneyed interests buy corrupt politicians, be it in the USA, EU, or elsewhere, who block these measures. Great ideas do not always change policy. Politics do.
The whole machinery of public procurement that has emerged in this neoliberal era needs to be abandoned and replaced with decision-making processes and rules that privilege the advancement of public well-being over profit. Read here
Why was austerity popular? “Many people would argue that the macroeconomic case for fiscal stimulus was complex, while simple analogies between governments and households were easier to grasp. However I have also argued that the […]