Tag Archives: Neoliberalism

In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the state was always central in setting out planning parameters, direct ownership and employment, and regulation. It was a system that researchers described as being “highly successful”. Two approaches to industrialisation were taken: (a) export-oriented (for example, South...

In 1975, Tony Benn, a Left Labour member in the British Parliament and Secretary for Industry. At the time, the Prime Minister and Chancellor were becoming attracted to Monetarism and started framing and implementing the austerity-type fiscal strategies that are common today. Benn opposed this approach, and, instead proposed a far-reaching alternative economic strategy that involved increased industrial planning to revitalise British industry. The growing ‘free market’ orthodoxy at the...

If you are following the debate about what neoliberalism is in terms of a behavioral definition instead of a conceptual one, this is a good read. It contends that neoliberalism is based on conceiving freedom in terms of consumers' freedom of choice in markets as the "new politics." It takes the meaning of "consumer society" to a new level.JacobinHow Neoliberalism Reinvented DemocracyAn Interview With Niklas Olsen

Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismUp in Arms Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

Will Venezuela become Pinochet's Chile redux? Is there a link running through neoliberalism, neoconservative, neo-imperialism, and neocolonialism that begins with the assumption that economic liberalism is the basis of liberalism and the so-called liberal order? Hausmann has been referred to as the informal mentor to Juan Guiadó. Indirect might be a better word to describe the mentorship, as there is a middleman between Hausmann and Guiadó: Leopoldo López, the leader of Popular Will. It...

Nice find.The Case for Concerted ActionJason Hickel — A Letter To Steven Pinker (And Bill Gates For That Matter) About Global PovertyV. Ramanan

The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, Syria and the dirty wars in Latin America. Just as the Vietnam War drove the United States off gold by 1971, its sponsorship and funding of violent regime change wars against Venezuela and Syria – and threatening other countries with sanctions if they do not join this crusade – is now driving European and other nations to create their...

While the Brexit shambles wound on in London, with the Prime Minister being walloped one day by her own party, and then the next given a victory, courtesy of some Labour Party bungling (the no-confidence motion), across the Channel things have been turning markedly sour. While the Europhile Left hold Europe dear to their hearts, the reality is that their dreamworld is falling apart. This is not only because of the incompetence of its polity but also because of the deliberate strategies of...

‘Make America Great Again’: Trump’s slogan seems both to yearn for a time when the United States had more influence, and to call for its pre-eminence to be restored. In its own way, it asserts that the US is – or should be – different. In fact it was only Trump’s predecessor, Obama, who was the first president to talk regularly about American exceptionalism, yet to Trump it is something that is long lost and it is his job to recover it. Yet belief in the US’s exceptional nature has been a...

Neoliberalism is a toxic economic dogma that has serious social and political consequences. In Britain and the US, mainstream media have a long record of selling neoliberalism to the public and political lawmakers. Recall Prime Minister Margaret Thatcher’s slogan, “There is no alternative” (TINA). As I document in my new book, Real Fake News (Red Pill Press), elites throughout history have always used information to control the thoughts and actions of the public. But the modern project has...