Tag Archives: inequality

Manufacturing Consent

  While our neoliberal elite have been more than willing to offshore traditional manufacturing, they’ve kept the manufacturing of consent right here in America. Though western countries claim to be democracies, they all suffer from income and wealth inequality, with many … Continue reading

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Like Ike

  Before he took office, President Obama professed his admiration of President Reagan. Lately he’s behaving like President Eisenhower. Eisenhower, after creating the military-industrial-complex and nascent deep state, famously warned against it. As he was leaving office. Many Americans remember Eisenhower’s … Continue reading

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Because Markets

  Neoliberals believe that a market society is the natural and inexorable state of humankind, where Americans are not citizens so much as consumers. However, neoliberals recognize that this state of affairs will not arise naturally and must be constructed through … Continue reading

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FIRE Alarm

  We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main … Continue reading

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How Neoliberalism Became a Pejorative

  Neoliberal’s have gotten a touch defensive lately. Recently, New York magazine’s Jonathan Chait tweeted, “What if every use of ‘neoliberal’ was replaced with, simply, ‘liberal’? Would any non-propagandistic meaning be lost?” Neoliberalism is the generally accepted name for the socially atomizing, inequality-generating, environmentally … Continue reading

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Political-economy of despair

  Ideology is powerful. Neoliberal economist’s have internalized Margaret Thatcher’s maxim that there’s no alternative.  The market knows best. All the government can do is get out of the way and let the market do its thing. American’s must never … Continue reading

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Managing the Decline

  We are witnessing the first presidential campaign since the Great Depression that directly challenges the essential features of the US economy. All the controversy over social issues and immigration is just so much distraction from the bi-partisan economic policies … Continue reading

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