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Tag Archives: Chicago Boys
The Flight to Serfdom
Neoliberal economist Friedrich Hayek wrote The Road to Serfdom, in 1944, where he warned of totalitarian governments terrorizing their citizens. Hayek’s dystopian vision is upon us, only instead of totalitarian governments it’s all-powerful corporations like United Airlines that we … Continue reading
Posted in neofeudalism, neoliberals
Tagged A Brief History of Neoliberalism, Chicago Boys, concentration, Dr. Dao, Flight to Serfdom, Fly the Friendly Sky's, Friedrich Hayek, mergers and acquisitions, Naked Capitalism, neoliberal economic policies, neoliberalism, oligopoly, public relations, Road to Serfdom, United Airlines, University of Chicago, Yves Smith
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Evil Is Easy (Part 2)
Wall Street, the too-big-to-fail-banks, and the financial industry control our lives for the worse. How did this come to pass? From the New Deal up until the 80’s finance was heavily regulated, staid, boring even. Finance was also a … Continue reading
Planned economy
The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading
Posted in neoconservatives, neoliberals
Tagged Allen Greenspan, Bernie Sanders, Chicago Boys, classic economics, deep state, DNC, Donald Trump, economic planning, federal reserve, financialization, Hillary Clinton, Janet Yellen, Michael Hudson, neoliberals, planned economy, shareholder value, socialism, University of Chicago, Wall Street
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Apple Pie
No thoughtful observer of American history can be surprised at the Senate report detailing the torture carried out by the CIA in the aftermath of 9/11. The revelation of torture should be seen as the logical outcome of economic and … Continue reading
A clean get away
Anyone who says “crime doesn’t pay” hasn’t been paying attention to the behavior of the American elite in the 21st century. Historians of the future, when the study this era, will marvel at the rampant criminality and official impunity, that … Continue reading