Neoliberalism will lead to Fascism
Neoliberalism's Dark Path to Fascism Chris Hedges Neoliberalism as economic theory was always an absurdity. Concentrating wealth in the hands of a global oligarchic elite — 8 families now hold as much wealth as 50% of the world’s population. As a ruling ideology, neoliberalism was a brilliant success. Starting in the 1970s, its Keynesian critics were pushed out of academia . Compliant courtiers and intellectual poseurs were groomed given prominent platforms and lavish corporate funding. They disseminated the official mantra of third-rate writer Ayn Rand. Once we knelt before the dictates of the marketplace and lifted government regulations, slashed taxes for the rich, permitted the flow of money across borders, destroyed unions and signed trade deals that sent jobs to sweatshops in China, the world would be a happier, freer and wealthier place. It was a con. But it worked. “the class origins of this project, which occurred in the 197...