The Two Faces of Neoliberalism

 

from Project Syndicate

Milton Friedman was not given to self-doubt. His commitment to the virtues of unobstructed markets made him the guru of deregulation, privatization, and free trade. In his view, unfettered capitalism is the bedrock of civic and political freedom, whereas societies that inhibit the workings of supply and demand are condemned to lose it. These beliefs undergirded the hyper-globalization that prevailed for half a century from the 1970s, and Friedman was their avatar...

Friedman, the high priest of neoliberalism, eventually watched as his legacy gave way to political monetarism, soaring public debt, and, lately, the return of the regulatory state...

The picture of Friedman and Hayek that emerges is one of idea-makers who engaged in scholarly pursuits while seeking to instrumentalize their concepts...

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Young Twerks Hop Aboard the Trump Train to Gravy Town

Add Cenk Uygur to List of Fake Lefties Jumping on the Trump Train all the Way to Gravy Town 

https://nomadiceveryman.blogspot.com/2024/12/add-cenk-uygur-to-list-of-fake-lefties.html

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What do Elon Musk and Vivek Ramaswamy plan to do with DOGE?

from al Jazeera

Musk has promised to cut $2 trillion, or more than a third, of the US government’s annual budget. He said he wants to cut the number of agencies from 428 to 99.

Last week, he shared on X an old interview with Milton Friedman in which the economist lists the government departments that should be scrapped – agriculture, education, commerce – adding, “Milton Friedman was the best,” a post that is being read as things Musk would like to do.

Ramaswamy, who will co-lead the office, said he wants to cut 75 percent of the federal government workforce. The federal government employs roughly 2 million civilians. A 75 percent reduction would mean that 1.5 million people would be out of a job, which, experts said, will strip down a range of services from food stamps to defence spending.

To boost the effort, Trump ally and Republican Congresswoman Marjorie Taylor Greene has been picked to lead a DOGE subcommittee in the House of Representatives, in which she is to outline plans to fire government employees. The subcommittee has yet to be created.

Musk has acknowledged that the move would create temporary hardships but said it is for long-term prosperity...

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On Democracy NOW! 'Liberal' Jean Guerrero Explains the REAL Value of Illegal Immigration

Yep. She agrees with Milton Friedman. It's cheap labor, nothing more, nothing less.

Democracy NOW! video https://www.youtube.com/watch?v=n4LRoipUaME&t=594s

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