Tag Archives: neoliberalism
Is that all there is?
Gazing around our world it’s clear that neoliberalism has narrowed the possibilities. Is that all there is? Massive student debts, opioid addiction, homelessness and suicides. An economy based largely on scams and fraud, that leaves the vast majority of … Continue reading
Busy Little Termites
I find it perversely amusing that while doing good is so damn hard, doing evil is easy. Doing evil is especially easy in the service of wealth and power. Take neoliberalism, a shape-shifting ideology so nefarious that its proponents … Continue reading
We the Precariat
Here’s an observation from Lambert at Naked Capitalism that perfectly captures the precarious world that’s been created by the advance of neoliberalism. “So, Walmart spends squillions destroying public education, and then pays low wages because people can’t read or … Continue reading
That’s just the way it is
Divide and rule is as old as the hills. That’s just the way it is. In the wake of Trump’s surprising win over Hillary Clinton, Democrats have seized upon several explanations for the poor showing of their establishment candidate. … Continue reading
Junk Economics
Over the weekend, the US Senate passed the most drastic rewrite of America’s tax system since the Reagan administration, which is expected to mostly benefit the wealthiest Americans. This new tax cut legislation should provide further proof that the United … Continue reading
A Flaw in the Model
The election of Donald Trump was due, in no small part, to the abject corruption of our elite. In my last post, I examined An Economic Theory of the Criminal Law, where 7th Circuit Judge Richard Posner states that the poor require … Continue reading
Open for Business
Neoliberalism has trumped our democratic values and institutions by substituting a cost-benefit and efficiency rational. Political discourse is framed only in entrepreneurial terms where the management of a market-economy confers a government the legitimacy to carry out domestic and … Continue reading
Because Markets
Once again, there was a mass-shooting in America. This time in Las Vegas, where a 64 year old man sprayed bullets down onto concert-goers, killing 58 people and wounding 489. The statistics paint a horrible picture of gun violence in … Continue reading