An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Sunday, February 9, 2020
Enemies of Democracy: Neoliberalism and Authoritarian Finance by T.J. COLES
A really good article. The true moderates are Bernie and Corbyn, but they are branded as extremists.
Cambridge University’s Centre for the Future of Democracy expresses “deep concern” in its longitudinal study of global attitudes toward democracy, which are at a 25-year low. The US continues its “crisis of trust” as Europe endures a “chronic … democratic deficit.” So-called centrist parties, which are usually right of the public on economic issues, fail to maintain their positions. The public opt for either authoritarian parties who make life uncomfortable for liberal elites because their behavior is hard to spin, or so-called far-left parties (actual moderates) who pose a greater danger to liberal elites because they threaten a tiny fraction of their wealth and power.
Counterpunch
Enemies of Democracy: Neoliberalism and Authoritarian Finance by T.J. COLES
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3 comments:
Conspiracy Theory...
”Conspiracy Theory.”.
Biased baseless conspiracy theory accusation from someone with an art degree envy.
Picture of Matt Franko after posting on MNE.
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