The need for a new political economy
Overview
The aim of this session is to reflect on the definition of a new social contract that combines economic transformation, ecological transition and protection against new risks. After decades of “solitary capitalism” that threaten to lead to social anomie and political secession, will advanced societies be able to invent an “inserted capitalism”? What would be its components? Can it be the subject of a transparent consensus?
• In the face of the crisis, has the economy changed to become more political and respond to shocks in an emergency?
• How effective are stimulus packages in maintaining economic activity? Have we exhausted our room for manoeuvre?
• Is the coordinated plan for Europe the beginning of a new integration or just window dressing?
• “Whatever it takes”: unconventional fiscal policies at the rescue of our economies
• Will the various recovery plans be able to change the global economic situation?
• Is the stimulus plan the only possible economic response?
• Do we need to fundamentally rethink our policies to enter a new economic era?
• Has the economy, which has been so criticised in the face of crises, regained its image by renewing itself with this pandemic?