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Neoliberalism: The Ideology That Dares Not Speak Its Name
#4
(12-27-2016, 11:32 PM)Warren Dew Wrote: Neoliberalism has made the world much richer and more equal.

[Image: ourworldindata_worldincomedistribution1820to2000.png]

Only problem is, equality for the world involves holding back people in rich countries like the US.

What has more likely will happen is that the production of material goods per capita will have peaked in some countries because there will be a near-surfeit. Smaller living spaces allow people to accumulate less 'stuff', and any increase in value of output depends upon services being priced into the stratosphere (like medical care or college education in the USA). In contrast, countries like China and India are not only developing in productive capacity as peasant farmers become industrial workers, but markets for manufactured goods also expand in such countries.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist  but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.


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RE: Neoliberalism: The Ideology That Dares Not Speak Its Name - by pbrower2a - 12-28-2016, 12:50 AM

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