Capitalism and Crime - Profits, Public Good and the Henry George Tradition

Capitalism and Crime – Profits, Public Good and the Henry George Tradition

Capitalism and Crime – Profits, Public Good and the Henry George Tradition

In this seminar, Professor and social reform advocate, James Palombo takes aim at the transformation of our criminal justice into a vast rent seeking enterprise where the profit motive has displaced necessary social adjustment as the main driver of public policy. According to Pr. Palombo, these flaws are not isolated, they are a reflection of bigger dysfunctions in our socio-economic system that incapacitates those at the margins of productivity while shrouding our actual ideological shortcomings.

Pr. Palombo proposes a Georgist inspired reform that would reinstate the State in its role as procurer of justice and a balanced approach to correction that emphasizes the importance of education and health care. Such a reform would highlight the links between a properly functioning criminal justice system and an economy that is built around the very idea of justice.

James Palombo’s previous book, Criminal to Critic-Reflections Amid The American Experiment, relays his transition from drug-dealing wise guy and convict to social worker, professor, world traveler and public policy advocate. He brings these experiences to HGSSS via his continuing interest in education and the improvement of civic life.

Location: Henry George School of Social Science, 149 East 38th Street (Between Lexington & 3rd Avenue) New York, NY 10016
Date: Wednesday, September 5 , 2018
Time: 6:30 PM – 8:30 PM

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    Thu, June 17, 2021 | 11:00 AM – 12:30 PM EDT

    In this webinar, Pr. Louis Philippe Rochon takes a fresh look at the links between monetary policy, asset bubbles and inequality.

    It is often argued that asset inflation and real estate bubbles are the result of accommodative monetary policy: low interest rates encourages borrowing for speculative purposes.

    Undoubtedly, this has been the case as an increasing part of borrowing is not meant for productive purposes.

    In this webinar, Prof. Rochon will argue that this is a misreading of the facts. Rather than laying the blame at the feet of low interest rates, bubbles may be caused by growing inequality as well as by the excessive deregulation.

    Learn why governments need to re-regulate borrowing and, introduce such policies as financial transaction taxes to prevent asset inflation and specifically real estate bubbles.

    A link to join the online seminar will be provided via email before the start of the webinar.

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