The global elites’ false promise that neoliberal economics would cure all ills through the elixir of endless growth helps explain the angry nationalist movements ripping apart the West’s politics, observes ex-British diplomat Alastair Crooke.
In the 1980s, British Prime Minister Thatcher and President Reagan depicted neoliberal or “free market” capitalism as the ideal system, a dogma that extends to the present despite its horrific failures and other options, says Sam Ben-Meir.
So-called “free trade” in textiles has led retailers to seek out the cheapest labor and to neglect safety measures, factors in a devastating Bangladesh fire in 2013 that killed more than 1,000 workers, recalls Dennis J Bernstein.
With the Brexit repudiation of the E.U. — in defiance of Establishment scare tactics — British voters stood up for common people who face marginalization in the neoliberal scheme of global economics, explains John Pilger.
Neoliberal “reforms” of Mexico’s schools and health care have sparked public protests, including a clash with police in Oaxaca that left some nine protesters dead amid a growing challenge to President Peña Nieto, says Dennis J Bernstein.
Amid a reassertion of U.S.-backed neoliberal policies in Latin America, Venezuela’s socialist government totters at a tipping point, beset by a severe economic crisis, but Lisa Sullivan sees a ground-up struggle of Venezuelans to survive.
The U.S. government seeks to impose neo-liberal economics on the world even though those “free-market” policies funnel global wealth to a tiny fraction at the top, cause widespread despair and spark political turmoil, Michael Brenner explains.
Exclusive: Hillary Clinton wants the American voters to be very afraid of Donald Trump, but there is reason to fear as well what a neoconservative/neoliberal Clinton presidency would mean for the world, writes Robert Parry.
Europe’s defenders of neoliberal economics favoring the market interests of wealthy elites over the social needs of average people marshaled their forces to crush the Greek challenge to “austerity,” with Greek Prime Minister Tsipras betraying his supporters, John Pilger told Dennis J Bernstein.
The Framers of the U.S. Constitution said the Government should provide for the “general Welfare,” a mandate to help build a strong and prosperous nation. But the concept has been lost in a wave of anti-government, “neoliberal” propaganda making the…