21 books
—
1 voter
Neoliberalism
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At the same time that the Mayor and City Council acted courageously and progressively in ridding the city of those monuments to a loathsome past, the new regime that removal celebrates, as some skeptics note, rests on commitments to policies that intensify economic inequality on a scale that makes New Orleans one of the most unequal cities in the United States. ... Local government contributes to this deepening inequality through such means as cuts to the public sector, privatization of public g
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― The South: Jim Crow and Its Afterlives
― The South: Jim Crow and Its Afterlives
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Under the rules of the Western-run international economy, investors make loans to third world tyrannies, and since the loans carry considerable risk, make high profits. Suppose the borrower defaults. In a capitalist economy, the lenders would incur the loss. But existing capitalism really functions quite differently. If the borrowers cannot pay the debts, then the IMF steps in to guarantee that lenders and investors are protected. The debt is transferred to the poor population of the debtor coun
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― Hopes and Prospects
― Hopes and Prospects















































