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Tag Archives: Road to Serfdom
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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God’s been drinking
So much evil in this world is projected as good. Some of the best writer/propagandists have taken on this task of conflating the Satanic with the sacred. Take Max Weber, who depicted God’s divine intentions throughout the Industrial Revolution … Continue reading
Posted in Uncategorized
Tagged Christianity, Fredrick von Hayek, Garden of Eden, IMF, Industrial Revolution, Jesus Christ, Ludwig von Mises, max weber, Milton Friedman, neo-liberalism, projection, protestant work ethic, Road to Serfdom, the enclosure acts, Thomas Friedman, welfare state
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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
Posted in Uncategorized
Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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Serfs Up
Friedrich von Hayek postulated, famously, that state planning and the welfare state would lead inexorably down a Road to Serfdom. However, things just didn’t work out the way he imagined. It is darkly ironic that the political and economic policies Hayek … Continue reading
Posted in Uncategorized
Tagged Friedrich von Hayek, neoconservatism, neoliberalism, Road to Serfdom
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