Hayek and the Social Question (tags)
Hayek, author of Road to Serfdom, said the market was self-healing and market outcomes were just outcomes. In his book "Submission is Freedom," Schreiner explains how public investments and market corrections are vital.
Tax Reform in the US: Trump's Attack on America (tags)
The tax reform of the Republicans is a blow against the welfare state and was prepared in the 1970s. The tax reform is profitable for Donald Trump but could cost the Republicans a re-election. $5 trillion goes to households with more than a million dollars income.
Neoliberal Crisis Policy has Failed (tags)
The term "invisible hand of the market" goes back to Adam Smith. This assumes all economic activity promotes the common good. Neoliberalism's survival is surprising because its theoretical assumptions are dubious. People cling to neoliberal prescriptions against reality.
The Crises of Today's Economy (tags)
The market is not a subject but an instrument. Nevertheless "the primacy of the market" replaced "the primacy of politics." Neoliberalism actually serves the interests of finance capital. A doctor whose therapy causes sicknesses cannot understand this. Our elites are in great distress.
The Thirteen Commandments of Neoliberalism (tags)
"Throughout the second half of the twentieth century, the neoliberal project stood out from other strains of right-wing thought.... It was a moveable feast, and not a catechism fixed at the Council of Trent."