Stephan Schulmeister

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Stephan Schulmeister (2018)

Stephan Schulmeister (born August 26, 1947 ) is an Austrian lawyer and economist .

Life

The son of journalist Otto Schulmeister and brother of journalist Paul Schulmeister worked from 1972 to 2012 as a research assistant at the Austrian Economic Research Institute (WIFO) in the field of "Medium-term forecast, long-term economic development, financial markets and international trade". His areas of work are industrial economics, innovation and international competition, foreign trade and international economic relations, financial markets and corporate strategies.

Schulmeister was a scholarship holder at several organizations outside Austria, such as New York University and the University of New Hampshire .

In his numerous publications, among other things, Schulmeister expresses a decided criticism of neoliberalism (which he describes as "market religiosity") and calls for alternative proposals such as a pan-European New Deal , so Schulmeister also signed (together with 300 intellectuals) in January 2015 support for the socialist SYRIZA - Movement "in the fight against the wrong economic policy of Europe".

Economic position

Schulmeister developed a model of long political and economic development cycles of modern capitalist market economies, in which two social power constellations and the game arrangements based on them alternate: real capitalism and financial capitalism. The long upswing is determined by an alliance of interests between real capital and work against finance capital and a "real capitalist" game arrangement based on it, the long downturn by an alliance between real and financial capital against work and a "finance capitalist" game arrangement based on it.

Although schoolmaster a New Deal recommends for Europe in the Keynesian sense, one can attribute to him nontrivial Keynesianism, as much he recognizes the since the 1970s in relation downward trend in real economic business investment.

Awards

Publications (selection)

  • Synoptic and Incremental Decisions in Economic Policy . Thesis. University of Vienna, Vienna 1976, OBV .
  • Model forecasts for travel. Austrian Institute for Economic Research, Vienna 1978, ISBN 3-437-50237-9 .
  • Some peculiarities of the international interest rate and exchange rate development. In: Wirtschaftspolitische Blätter. No. 3/4, 1985, pp. 140–154 ( PDF; 618 KB )
  • On the crisis of the world economy in the seventies and eighties - an attempt at reconstruction. In: Federal Ministry for Science and Research (Ed.): Processing mechanisms of the crisis. Braumüller, Vienna 1988, ISBN 3-7003-0794-2 , pp. 145–169 ( PDF; 1.11 MB )
  • Price dynamics in speculative markets. In: BEIGEWUM (Ed.): From “obsolete” to “adequate” market economy thinking. Metropolis-Verlag, Marburg 1992, ISBN 3-926570-54-7 , pp. 137-150
  • Central bank and national debt. In: Change of course. 1997 (1), pp. 9-17 ( PDF )
  • The Bundesbank: guardian of stability or of finance capital. In: Kursbuch . Issue 130, December 1997, pp. 55–71 ( PDF; 569 KB )
  • Paths to Full Employment - Global, European and Austrian Strategies. In: Working group for scientific economic policy (ed.): Economic policy alternatives to the global hegemony of neoliberalism. ÖGB-Verlag, Vienna 1997, ISBN 3-7035-0660-1 , pp. 21–46 ( PDF; 791 KB )
  • The political-economic development cycle of the post-war period. In: International Politics and Society. 1/1998, pp. 5–21 ( PDF; 1.03 MB )
  • We finance capitalists! In: The New Society - Frankfurter Hefte. June 1998, pp. 525-530 ( PDF )
  • Neoliberalism, Catholic Social Teaching and Macroeconomic Efficiency. In: Wirtschaftspolitische Blätter. No. 5, 1998, pp. 450–457 ( PDF )
  • The future of the European model. In: Karl Aiginger, Hannes Farnleitner , Stephan Koren, Claus Raidl & Wilfried Stadler (eds.): Impulses for the Austrian company. An expert agenda to secure the future. Ueberreuter, Vienna / Frankfurt 1999, ISBN 3-7064-0570-9 , pp. 43–51 ( PDF )
  • Global Financial Markets - Triumph of Neoliberalism? In: Wolfgang Greif, Gerlinde Leitgeb & Gerald Wintersberger (eds.): Alternatives to neoliberalism. Socially into the 21st century. ÖGB-Verlag, Vienna 1999, ISBN 3-7035-0711-X , pp. 29–43 ( PDF )
  • The different growth dynamics in the USA and Germany in the nineties. In: Arne Heise (Ed.): USA - Model case of the new economy? Metropolis-Verlag, Marburg 2001, ISBN 3-89518-353-9 , pp. 131–167 ( PDF; 914 KB )
  • Strategies against neoliberalism. In: Roland Widowitsch, Gerlinde Breiner & Sepp Wall-Strasser (eds.): In the roulette of the financial markets. Old-age security in times of neoliberalism. Promedia, Vienna 2002, ISBN 3-85371-187-1 , pp. 17-29 ( PDF; 563 KB )
  • Ten theses on distrust in the stock markets. In: Wirtschaftspolitische Blätter. No. 50 (1), 2003, pp. 63–66 ( PDF )
  • Financial capitalism, the growth crisis and the European model. In: Eckhard Hein , Arne Heise & Achim Truger (eds.): Financial policy in the controversy. Metropolis-Verlag, Marburg 2004, ISBN 3-89518-481-0 , pp. 23–69 ( PDF; 1.24 MB )
  • Comments on economic policy and growth dynamics in Austria since 1945. In: Gerbert Frodl, Paul Kruntorad & Manfried Rauchsteiner (ed.): Physiognomie der 2. Republik. Czernin, Vienna 2005, ISBN 3-7076-0066-1 , pp. 333–365 ( PDF )
  • The "hidden" causes of the German economic crisis. In: Günther Chaloupek , Arne Heise , Gabriele Matzner-Holzer & Wolfgang Roth (Eds.): Sisyphus as Optimist. Attempts at contemporary political economy. In Memoriam Egon Matzner . VSA-Verlag, Hamburg 2005, ISBN 3-89965-120-0 , pp. 94–117 ( PDF; 1.12 MB )
  • The neoliberal worldview - scientific construction of “practical constraints” to promote and legitimize social inequality. In: Friedrich Klug & Ilan Fellmann (Eds.): Black Book Neoliberalismus und Globalisierung. Municipal Research in Austria Vol. 115. Magistrat der Landeshauptstadt Linz, Linz 2006, ISBN 3-902493-02-X , pp. 153–175 ( PDF; 1.68 MB )
  • Financial speculation, unemployment and national debt. In: Intervention. No. 4 (1), 2007, pp. 73–97 ( PDF; 7.14 MB )
  • Comments from Dr. Karl Marx on economic development since 1980. In: Paul Kellermann (Ed.): The money society and her faith. An interdisciplinary polylogue. VS-Verlag, Wiesbaden 2007, ISBN 3-531-15472-9 , pp. 27-40 ( PDF; 737 KB )
  • Economic policy and financial instability as causes of the different growth dynamics in the USA and Europe. In: Günther Chaloupek , Eckhard Hein & Achim Truger (eds.): End of stagnation? Economic policy perspectives for more growth and employment in Europe. LexisNexis ARD Orac, Vienna 2007, ISBN 3-7007-3731-9 , pp. 15–41 ( PDF )
  • Money as a means to an end. In: Konrad Paul Liessmann (Ed.): Money. What holds the world together at its core? Zsolnay, Vienna 2009, ISBN 978-3-552-05458-5 ( PDF; 258 KB )
  • The new world economic crisis. Causes, consequences, counter-strategies. AK, Vienna 2009, ISBN 978-3-7063-0375-0 ( PDF; 1.42 MB )
  • In the middle of the great crisis - a “New Deal” for Europe. Picus-Verlag, Vienna 2010, ISBN 978-3-85452-586-8
  • The way to prosperity , Ecowin, Munich 2018, ISBN 978-3-7110-0148-1

Web links

Commons : Stephan Schulmeister  - Collection of images, videos and audio files

Individual evidence

  1. ↑ Hanna Kordik at a distance from Stephan Schulmeister In: Die Presse - Economist Sept. 8, 2018, p. 16
  2. ^ The daily newspaper : Market religious science . May 5, 2009
  3. ↑ die tageszeitung: Good for those who pay now . July 10, 2010
  4. ↑ Initial signatories ( Memento of the original from March 29, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.with-the-greeks.eu
  5. ↑ Der Standard , accessed January 30, 2015.
  6. ↑ Right-wing extremists and racists as partners of the left? No problem when it comes to power! The press, accessed January 30, 2015
  7. ↑ Stephan Schulmeister: Real Capitalism and Finance Capitalism - two "game arrangements" and two phases of the "long cycle". In: Jürgen Kromphardt: Further development of Keynesian theory and empirical analyzes. Writings of the Keynes Society, Volume 7. Marburg 2013, pp. 115–170 ( online )
  8. ↑ Die Presse, May 21, 2010: A “New Deal” is needed for Europe : “Since the 1970s, the pursuit of profit has shifted from real to financial activities, with unstable exchange rates, commodity prices, share prices and interest rates, companies lowered theirs Real investments and thus their funding deficit. Private households continued to save diligently, their surplus remained high. The state thus had to "suffer" a higher deficit in the long term (due to higher unemployment and lower tax revenues) - the sum of all balances is zero. "
  9. ↑ Bruno Kreisky Prize for the Political Book 2018 to Julian Nida-Rümelin and Nathalie Weidenfeld . OTS report from January 1, 2019, accessed on January 1, 2019.
  10. ↑ [1] Renner Institute
  11. ↑ https://makronom.de/makronom-mit-publizistik-preis-ausgezeich-35052
  12. ^ "New Deal" for Europe (review by Philipp Löpfe , Tages-Anzeiger , July 26, 2010)
  13. ^ The anger of the economist (Review by Florian Gasser on zeit.de, May 26, 2018)
personal data
SURNAME Schoolmaster, Stephan
BRIEF DESCRIPTION Austrian economist
DATE OF BIRTH August 26, 1947
PLACE OF BIRTH Austria