Let’s spread the wealth around a little

english

Empty Bulgari Shop DisplayIt occurs to me, in the current economic crisis, and in public debt-ridden times to come, more than ever, discussions on public policy conclude in a shoulder-shrugging realization that we knew what to do about it. If only, we could afford to.

I’m getting tired of this resignation, be it in fighting climate change, in improving public education, or in helping out the weak, at home, and abroad.

I want a strong polity that can do these things. I want more, not less government. A better state.

How do we get there? We do what we used to be able to do: we reclaim our responsibility to channel the resources to the goods we collectively value the most.

We redistribute. It’s not a dirty word. It doesn’t hurt growth. It’s not socialism.

And no, it’s not impossible.

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Not enough state in “The State and the Financial Crisis”

english

Panelists discussion the financial crisis. Photo credit: Hertie School of Governance

Panelists discussing the financial crisis. Photo credit: Hertie School of Governance

How to alleviate the effects of the financial crisis? And how to prevent it in the future? 

These questions are frequently debated and today were the subject of a high profile panel discussion on “The State and the Financial Crisis“, hosted at the Hertie School of Governnment, Berlin. Prof. Dr. Axel Weber, President of the Deutsche Bundesbank and member of the Governing Board of the European Central Bank started the event with a keynote looking into the dynamics, causes and future remedies of the financial and economic crisis. A high-ranking panel of experts from government, business and academia then discussed implications and solutions.

After a thoughtful debate on regulatory reform, I cannot help but wonder: Is that enough state for a discussion themed “The State and the Financial Crisis”?

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No one is born wanting to do this

english

winnenden

Spiegel Online on Winnenden School Shooting

Today, 17 year-old Tim K., armed with a Baretta, shot and killed fifteen people in and around his former Albertville high school in Winnenden, Germany. He eventually shot himself in a gunfight with police.

The media hype and political debate that ensues now, is missing the most dramatic aspect of this tragedy, I think: No one is born wanting to do this.

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