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Tag Archives: Simon Patten
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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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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Back to the Future
Ideologies that serve elite interests never really go away, they just reconstitute in new guises. In A Brief History of Neoliberalism, author David Harvey argues provocatively that neoliberalism is a continuation of early capitalism, whereby modern corporations are busy re-privitizing … Continue reading
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Tagged A Brief History of Neoliberalism, A Peoples History of the United States, David Harvey, forth factor of production, Howard Zinn, Michael Perelman, Mike Lofgren, Nixonland, rent seeking, Rick Perlstein, Simon Patten, The Invention of Capitalism, The Party's Over
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My Hate is Pure
Every time I calm down, there’s another reminder of the damage that neoliberalism has wrought. Once again, rather than reading about this in the New York Times or Washington Post, this has to be pointed out and emphasized by William Black, … Continue reading
It’s Pee
Republican’s want to immediately privatize government. They hate the thought of the government doing anything for “those people.” Ever since the New Deal, Republicans have made the intellectual argument that a welfare state saps American’s freedoms, and have mounted a decades … Continue reading
