neoliberalism

The decline and fall of a neoliberal sacred cow

21/07/2017@02:37:34

21JUL17.- When Team Corbyn dared introduce in the UK Labour Party Manifesto a “Tax the Rich” proposal many held their breath, and were more than a little surprised that not only it did not send people into an anti-pinko frenzy but it actually got a lot of praise from respectable economists as something that makes real sense. And it got the votes too.

Brexit negotiations: why are the liberal media accepting the first lie of nationalism?

09JUL17.- As I crawled through our new Brexit minister’s asbestos-lined maze of corporate lobby links, something became more obvious than ever. Most of the liberal commentary on Britain’s negotiations to leave the EU has fallen for the first lie of nationalism: that there is such a thing as a coherent national interest.

Several neoliberal mantras go up in smoke

25JUN17.- Obsession with privatisation, fiscal austerity, deregulation, free trade, and reductions in government spending in order to increase the role of the private sector in the economy and society have been the neoliberal agenda pervading the world economic system since the 70s’ after Friedrich Hayek was given the Nobel Prize in Economics in 1974. Other main ideologists were Milton Friedman, James M. Buchanan and the disturbing promoter of selfishness Ayn Rand, along with politicians and policy-makers such as Margaret Thatcher, Ronald Reagan, Jacques Chirac, Pinochet’s “Chicago Boys” and Alan Greenspan.