This French author propose an analysis on current potentiality of Super-growth, challengin the theory of secular stagnation.
Probably the engleash reader will be able to catch what is said with youtube translator (subtittle generation and translation) and google translator...
Very interesting if you put LENR radical disruption in perspective, and current problems of underfunding.
Supercroissance - The secular stagnation will not take place
After the 2008 financial crisis, the inefficiency of stimulus packages, accommodative monetary policies and growing social inequalities lead to questions about the ability of governments to control the economy.
An irresistible feeling of decline has settled.
The uberisation of the economy has proven to be destructive of many jobs. Blue-collar workers are threatened by robots and white-collar workers are also in the crosshairs of artificial intelligence.
The "fourth industrial revolution" would not keep its promises on employment and the expected prosperity is not at the rendezvous. Faÿçal Hafied asserts that the specter of a stagnation in a "secular stagnation" is only the product of a system of thought that has become obsolete: on the contrary, we are on the eve of unprecedented growth in the history of capitalism. . It shows that we are in fact going through an era of extraordinary "creative destruction", and that a golden age of innovation (blockchain , deep learning , lean start up , radical innovation, universal negative tax, etc.) is opening up. .). Even if this transition is accomplished in pain, the current centralized economy will give way to a new model of society, collaborative and participatory, base of a considerable growth supported by an unprecedented progress.