The “endless” 2008 crisis is producing difficult growth, excessive unemployment, increasing inequalities. All this is stimulating interest in the recurrent tendencies in capitalism to “secular stagnation”. The term was coined in 1938 by Alvin Hansen, who argued that the depression of the Thirties was not so much a severe cyclical crisis as a symptom of […]
About Laura Pennacchi
Laura Pennacchi is a member of the Scientific Committee of Fondazione Basso and coordinator of the National Economy Forum of CGIL, the largest trade-union in Europe. She is a former representative of the Italian Parliament and Junior Minister of State at the Italian Ministry of the Treasury.