Why the textbook was written is an interesting tale of dark money advancing libertarian propaganda. by Dee Maitland Truthout February 22, 2019 The first clue this textbook lacked academic integrity became apparent when the authors, three philosophy and marketing professors, began their section on trade 40,000 years ago, with the claim that the Neanderthals became extinct because … Continue reading Koch Network Pushes Deceitful Textbook on Cash-Strapped Schools Pushing “Libertarian” Greed Agenda
Contemporary economics is finally breaking free from its market fetishism, offering plenty of tools we can use to make society more inclusive. by SURESH NAIDU, DANI RODRIK, GABRIEL ZUCMAN Boston Review Feb 15, 2019 We live in an age of astonishing inequality. Income and wealth disparities in the United States have risen to heights not seen … Continue reading Economics After Neoliberalism
by Julius Krein American Affairs Dec 13, 2019 In the jargon of finance, America is suffering from a capital allocation problem. The country seems incapable of making the necessary investments to fuel future productivity and growth, or to ensure widespread prosperity. At the government level, public spending on basic research and development as well as … Continue reading Share Buybacks and the Contradictions of “Shareholder Capitalism”
"Capital and the capital form of money will be viewed as phenomena with intrinsically religious qualities, which take the place of religion in modern societies." (header image: paper as PDF) by Frank Lee Off Guardian Jan 27, 2019 Pure economics is not a theory of real-world economics, of actually-existing capitalism, but of an imaginary capitalism.” Samir Amin, The Liberal … Continue reading Neoliberalism and its Discontents
by Richard Moser Be Freedom Jan 25, 2019 In a previous article, I argued often confusing and divergent arguments within the neoliberal critique could be best understood as the tensions between two opposing currents of thought. One tendency understands neoliberalism as the unfettered reign of the free market, often called Free Market Fundamentalism (FMF); the other … Continue reading You Can’t Go Home Again: the Liberal State is No More
“Rational self-interested maximizers” ruin the world… by Nathan Robinson Current Affairs Jan 19, 2019 One of the most damaging popular ideas is the belief that the best outcomes emerge from everyone pursuing their “self-interest” in a free market. There is a kind of “folk libertarianism,” affirmed even by people who do not self-identify as libertarians, that … Continue reading Why We’re All Better Off Working for the Collective Good
by Richard Moser Be Freedom Jan 10, 2019 I’ve been hearing about neoliberalism for a long time now and never could make much sense of it. It turns out the story we tell about neoliberalism is as contradictory as neoliberalism itself. Two currents within the critique of neoliberalism offer different analyses of the current … Continue reading Neoliberalism: Free Market Fundamentalism or Corporate Power?