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Enemies of Democracy: Neoliberalism and Authoritarian Finance by T.J. COLES

Summary:
A really good article. The true moderates are Bernie and Corbyn, but they are branded as extremists. Cambridge University’s Centre for the Future of Democracy expresses “deep concern” in its longitudinal study of global attitudes toward democracy, which are at a 25-year low. The US continues its “crisis of trust” as Europe endures a “chronic … democratic deficit.” So-called centrist parties, which are usually right of the public on economic issues, fail to maintain their positions. The public opt for either authoritarian parties who make life uncomfortable for liberal elites because their behavior is hard to spin, or so-called far-left parties (actual moderates) who pose a greater danger to liberal elites because they threaten a tiny fraction of their wealth and power. Counterpunch

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Enemies of Democracy: Neoliberalism and Authoritarian Finance by T.J. COLES

A really good article. The true moderates are Bernie and Corbyn, but they are branded as extremists.

Cambridge University’s Centre for the Future of Democracy expresses “deep concern” in its longitudinal study of global attitudes toward democracy, which are at a 25-year low. The US continues its “crisis of trust” as Europe endures a “chronic … democratic deficit.” So-called centrist parties, which are usually right of the public on economic issues, fail to maintain their positions. The public opt for either authoritarian parties who make life uncomfortable for liberal elites because their behavior is hard to spin, or so-called far-left parties (actual moderates) who pose a greater danger to liberal elites because they threaten a tiny fraction of their wealth and power.

Counterpunch 

Enemies of Democracy: Neoliberalism and Authoritarian Finance by T.J. COLES
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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