Tag Archives: neoliberalism
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
In our world, creating and nurturing community is a revolutionary act
The defining characteristic of neoliberalism is it’s use of crisis and disaster to force its market based dogma upon a captive society. In the process, neoliberalism destroys community and compassion while encouraging rampant and destructive individualism. This has been a … Continue reading
We Live in a Political World
Why hasn’t a left-wing populist party arisen in the US in the wake of the Wall Street crash and bail-out by the government? Why have labor unions, environmentalists, racial and ethnic minorities not created an alternative to the fully … Continue reading
It’s the economy, stupid
In retrospect it seems obvious, but political scientist Corey Robin argues that Bernie Sanders did so well in the 2016 presidential election because he’s the first Democrat in forever to offer a trenchant political analysis of the US economy. … Continue reading
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