economist/node/21564533 Neoliberalism originated in Austria. As - TopicsExpress



          

economist/node/21564533 Neoliberalism originated in Austria. As governments fattened in Britain and America in the 1940s, three men started a lonely battle against the new collective politics. Karl Popper, a philosopher and ex-communist, criticised thinkers from Plato to Marx who valued the collective over the individual. Ludwig von Mises, an economist and former left-winger, said no bureaucracy had the means to restrain itself. Friedrich Hayek said central planning was impossible, because no person, however clever, knew what people wanted. Neoliberalism has won out. As a result, the USA has moved from one of the most economically just periods in its history (just after WW1) to one of the most economically unjust periods today (many economists are beginning to wonder if we arent now approaching the largest wealth gap in human history). businessweek/articles/2014-04-03/top-tenth-of-1-percenters-reaps-all-the-riches
Posted on: Mon, 17 Nov 2014 20:22:48 +0000

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