Why neoliberal policies have no justification

Tue, 29 Oct 2019 04:10:51 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.linkedin.com/pulse/why-neoliberal-policies-have-justification-hanns-j%C3%BCrgen-hodann/>

"Proponents of neoliberal policies would hardly agree that inequality,
falling or stagnant living standards for the middle class and for most
workers, a reduction in the accessibility and quality of services, etc.
is what their polices are about, but that is precisely the consequence
of neoliberal cutbacks during recessive times which have the effect of
reducing aggregate demand. Neoliberalism, which can be roughly equated
to free-market capitalism, is supposed to ensure continuous growth and
rising living standards. By these measure neoliberalism has miserably
failed."

Via libramoon@pluspora.com.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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