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Tag Archives: neoliberalism
The Wakeup Call for Everyone to Assemble on Public Streets
The pandemic is a wake-up call that markets do not regulate themselves. Overall, neoliberalism failed to deliver what was promised and led to disappointing results on many accounts. It became clear that marketization does not always translate into a better … Continue reading
Fear and Uncertainty: the Foundation of Political Power Today
It is the fear of the nation state as a democratic force that underpins the neoliberal project. In the 21st century the myth of the market hinges on the illusion of a supposedly natural order in the economic realm. For … Continue reading
Ok Boomer: The Anger is About the Illusion of Choice
“Ok, Boomer” is a verbal eye-roll that expresses derision, frustration, and a subversive compliance. And it says something important about the newest generation of Americans: they’re worried. In particular, generation Z is worried about the future: their chances of economic … Continue reading
Alienation is the Catalyst for Social Change to Create a Healthy Middle Class
Hegel’s theory is basically that mankind is merely a series of constant philosophical conflicts. That Hegel was in some sense a critic of social contract theory is beyond dispute. The social contract theory maintained that in organized society the individual … Continue reading
It is Necessary to Push Back on Partisans Who Insist on Binary Thinking
A general principle is that all cognitive and emotional awareness operates by a binary-processing system. This “base-two” compass is an integral part of the phenomenology of the mind. The mind has a normal, innate predilection for establishing pairs, emerging as … Continue reading
Harnessing Politics of Fear to Transform Today’s Market Economy
Ben Johnson observes, “Fear is implanted in us as a preservation from evil; but its duty, like that of other passions, is not to overbear reason, but to assist it. It should not be suffered to tyrannize in the imagination, … Continue reading
How the Political Right Harnesses Victimhood
Privilege is the sin that must be checked so that the marginalized can continue their long march to freedom. In an empathetic society, victimhood and powerlessness becomes its own kind of power. A large part of understanding these processes lies … Continue reading
How Populists Hijacked the Inequity Agenda
Inequities were accentuated by the financial debacle of 2008; neoliberalism is still in crisis. The right does not believe in neoliberal economics, however, they still use core tenets of it to run government and society. Populist economic policy claims to … Continue reading
Posted in economic inequality
Tagged Great Depression, neoliberalism, trickle down economics
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Economic Failure Legitimizes Alternatives to the Status Quo
The Great Recession was a global economic failure that devastated world financial markets as well as the banking and real estate industries. This economic failure led to increases in home mortgage foreclosures and caused millions of people to lose their … Continue reading
The Significance of the Widening Socio-economic Gap
In the mature economies of the western world, the middle class, considered from Aristotle to de Tocqueville, the bulwark of democratic government has been losing out, capturing a declining share of total income growth. The opening of markets, since about … Continue reading