Monday, April 14, 2014

Lawrence Delevingne — Private equity unloads BRICs, targets new regions


Where investment funds are flowing. Globalization is proceeding apace. Which is a feature overall, but the neoliberal approach is a bug that brings a lot of dysfunction along with it needlessly in order to "increase shareholder value" at the expense of the whole. That is a type of rent extraction that accompanies neoliberalism as neo-imperialism and neocolonialism. making the global periphery (Global South, East) serve the global core (Global North, West). Trusting to the Invisible Hand of the Market to produce the greatest good for the greatest number most efficiently and effectively is a myth without substance.

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