simongrothe.bsky.social
@simongrothe.bsky.social
PhD @UNIGEnews investigating the macroeconomic implications of economic inequality | Learned my macro @LevyEcon | He/Him
Die Brandmauer ist also für Linke kein "strategisches Hauptziel" sondern eine Lebensversicherung. 9/9
November 21, 2025 at 2:56 PM
Deshalb muss die AfD möglichst von der Staatsmacht isoliert bleiben. 8/9
November 21, 2025 at 2:56 PM
Mit der AfD an der Regierung werden die Repressionen so stark, dass es schwierig sein wird, die solidarischen Alternativen aufzubauen, die es in Kampf gegen Rechts braucht. 7/9
November 21, 2025 at 2:55 PM
Das macht die AfD mit ihrer neuen Jugendorganisation, die sich am 29. November in Gießen gründen will. 6/9
November 21, 2025 at 2:55 PM
Die anderen bürgerlichen Parteien wollen regieren. Sie sind taktische Rassisten. Merz baut kein militantes Vorfeld auf, um seine Ziele durchzusetzen. 5/9
November 21, 2025 at 2:55 PM
Die AfD arbeitet daran, die liberale Demokratie zu begraben, sie verfolgt ein völkisch-autoritäres Projekt. Auf jede politische Frage ist ihre Antwort: Ausländer raus. 4/9
November 21, 2025 at 2:54 PM
Trotzdem hat die AfD einen anderen Charakter als die restlichen bürgerlichen Parteien. 3/9
November 21, 2025 at 2:54 PM
Ja, die aktuellen Grundrechtsverschärfungen werden durchgesetzt, ohne dass die AfD in der Macht ist. 2/9
November 21, 2025 at 2:54 PM
Für Marx ist Bonaparte ein "Unfall", der durch die Uneinigkeit der herrschenden Klasse an die Macht kommt. Das passt auch heute. Er schreibt aber auch über das zu Grunde liegende Kräftegleichgewicht der Klassen. Das eher nicht.
September 25, 2025 at 8:17 AM
while every economic recovery has become more profitable. That is the REAL problem of the U.S. economy but Trump’s agenda will increase these trends rather than curing them. 20/20
May 6, 2025 at 1:48 PM
This was driven by a dual goal: to access cheaper labor abroad and to discipline labor at home. The surge in inequality has diminshed aggregate demand, investment and productivity in the U.S. over the past four decades 19/20
May 6, 2025 at 1:48 PM
One last note: This should of course not glorify the Biden years! The socio-economic misery of manufactring workers is REAL but is mainly due to a deliberate strategy by U.S. capital to outsource production. 18/20
May 6, 2025 at 1:48 PM
Therefore, when trying to pass-through the tariff costs, firms are competing for a shrinking pie of aggregate profits which further discourages investment. This was quite the reverse during the Biden administration where investment and government deficit increased. 17/20
May 6, 2025 at 1:48 PM
And secondly, not only aggregate demand but also aggregate profits are likely to diminish. Aggregate gross profits are - by identity - given by the sum of the government deficit, investment, net exports and spending out of profits minus saving out of wages. 16/20
May 6, 2025 at 1:48 PM
With such drags on aggregate demand, it is very unlikely that unemployment will reduce to a point were workers bargaining power increases to achieve higher real wages and hence offset the negative macro effect of the tariff shock. 15/20
May 6, 2025 at 1:48 PM
Exports are unlikely to boom either due to reliatory tariffs by U.S. trading partners. 14/20
May 6, 2025 at 1:48 PM
Looking forward, the response of investment to the tariffs and tax cuts during the first Trump administration was very low. Since they are again not accompanied by targeted fiscal measures, an investment boom is again unlikely. 13/20
May 6, 2025 at 1:48 PM
At the same time, the all-time high of uncertainty indices is choking off the investment boom of the Biden administration 12/20
May 6, 2025 at 1:48 PM
...while maintaining and expanding the tax cuts for the rich under the Tax Cuts and Investment Act. Income gains for the rich and declines for the bottom 40% 11/20
May 6, 2025 at 1:48 PM
But this is fundamentally different under Trump. Instead of expansionary fiscal policy, the Budget resolution from February 25th mandates drastic cuts to fiscal spending to lower income households who have a low propensity to spend… 10/20
May 6, 2025 at 1:48 PM