The End of the "Golden Age" of Capitalism and the Rise of Neoliberalism

On July 23, 2016, we discontinued our forums. We ask our members to please join us in our new community site, The Hartmann Report. Please note that you will have to register a new account on The Hartmann Report.

1 post / 0 new

"The central point is that the financial sphere has the potential of developing into an autonomous subsystem of the whole economy with an enormous capacity for self-expansion.. Like cancer, it has no internal control mechanism. It can only be brought under control through external interventions..

In Pinochet's Chile, deregulation, privatization, tax cuts, monetarism and social dismantling were tested in detail by the Chicago Boys before this policy mix was applied in the first industrial countries under US president Ronald Reagan and the British "iron lady" Margaret Thatcher."

to read Tomasz Konicz' article "The End of the `Golden Age' of Capitalism and the Rise of Neoliberalism" published in the German-English cyber journal Telepolis 11/24/2008, click on

http://portland.indymedia.org/en/2011/01/405441.shtml

Among the related links is Tom Tomorrow's cartoon on Goldman Sachs:

http://climateprogress.org/2010/05/04/tom-tomorrow-goldman-sachs/

demandside's picture
demandside
Joined:
Jul. 31, 2007 4:01 pm

Who Will Stop World War III?

Thom plus logo Back in 2001, after 9/11, Congress gave the president the authority to basically wage war anywhere in the world where there were governments affiliated with Al Qaeda, the radical Sunni Muslim group that came out of the Saudi Wahhabist movement. Iran is Shia Muslim, essentially the sworn enemies of the Sunnis.
Powered by Pressflow, an open source content management system