And now a word from Adam Smith

Science is the great antidote to the poison of enthusiasm and superstition.
Adam Smith

Neoliberalism Is Destroying Almost Everybody’s Lives

Excellent quick explanation of neo liberalism.

In Saner Thought

Are you a liberal?  Maybe a conservative?  Probably you are neither but rather what we political scientists call neoliberal.

That is right both of our major parties are basically living under the tenets of neoliberalism…..

The main points of neo-liberalism include:

  • THE RULE OF THE MARKET. Liberating “free” enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers’ rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say “an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone.” It’s like Reagan’s “supply-side” and “trickle-down” economics — but somehow the…

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