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Neoliberalism: the idea that swallowed the world
#2
Linking Hayek to neoliberal and global trade and neoclassical theory is pretty laughable. Hayek would be more disappointed than happy if he lived to see global trade right now.

Competitive markets and world trade brought more winners than losers. The problem is that nobody gave a shit about the losers. It easy for someone to say "suck it up buttercup, society benefits from the technology, immigrants, and outsourcing taking your job!"when you're not the one being dragged to the alter.





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RE: Neoliberalism: the idea that swallowed the world - THE Bigzoman - 08-20-2017, 12:44 PM

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