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Tag Archives: University of Chicago
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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Planned economy
The election of Donald Trump has caused an outpouring of grief and many commentators are convinced that the end of the world is nigh. However, Trump didn’t get us to this place, he was just a savvy opportunist who … Continue reading
Posted in neoconservatives, neoliberals
Tagged Allen Greenspan, Bernie Sanders, Chicago Boys, classic economics, deep state, DNC, Donald Trump, economic planning, federal reserve, financialization, Hillary Clinton, Janet Yellen, Michael Hudson, neoliberals, planned economy, shareholder value, socialism, University of Chicago, Wall Street
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Doublethink
Doublethink, or the act of ordinary people simultaneously accepting two mutually contradictory beliefs as correct, is an essential means of population control for the U.S. government and corporate media. In this up-meets-down funhouse, destructive economic and foreign policies and narratives go largely unquestioned … Continue reading
Apple Pie
No thoughtful observer of American history can be surprised at the Senate report detailing the torture carried out by the CIA in the aftermath of 9/11. The revelation of torture should be seen as the logical outcome of economic and … Continue reading
A clean get away
Anyone who says “crime doesn’t pay” hasn’t been paying attention to the behavior of the American elite in the 21st century. Historians of the future, when the study this era, will marvel at the rampant criminality and official impunity, that … Continue reading