The Neo Liberal era turns to financialised merde
Dusk in Paris last week By Jorge Jaramillo – Own work, CC BY-SA 4.0, commons.wikimedia.org The signs are all about us. Unhappy people; continents full of them, feeble democratic and institutional processes, and a mainstream media which has lost the ability to tell us what is and why and seems steeped in selling us things The post The Neo Liberal era turns to financialised merde appeared first on…
The Neo Liberal era has turned into a financialized disaster, marked by unhappy people, weak democratic processes, and a mainstream media more focused on selling products than informing the public. This system, championed by US President Ronald Reagan and UK Prime Minister Margaret Thatcher, promised individual responsibility, deregulation, and free markets, but has instead led to carnage across the developed world.
The rise of private debt has made it difficult for people to afford housing and has resulted in financialized costs for essential services like insurance, medical care, and education. The offshoring of jobs and production to cheaper labor markets has contributed to economic inequality and a loss of control over national economic interests.
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