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Still, you can feel traces today. In the neoliberal economic doctrine that's still dominant across most of the world, something strangely similar is happening. All
Still, you can feel traces today. In the neoliberal economic doctrine that's still dominant across most of the world, something strangely similar is happening. All the welfare institutions that ameliorate capitalism's tendencies to extreme wealth and extreme poverty have to be destroyed, "for the good of the economy." People die from this in Britain, up to 30,000 people may have died in one year as a result of cuts to health and social care, and that's in a prosperous Western country. In the United States, a faltering band-aid mechanism like Obamacare has to be wrenched off, with the excuse that it's being replaced with market pricings, which are natural and proper and, in their own way, fair. But it's all for nothing. The economics behind neoliberalism are nonsense, but the prophets these days, drab old thinkers like Friedrich Hayek or Milton Friedman have warned us that unless they're followed, we'll open up the road to serfdom. Ask a liberal economist why millions have to suffer, forced to live in drudgery under late capitalism's dimming sun, and something horrifying will happen. A weak, indulgent, condescending smile will leak across their face, and they'll say: that's just how the market works. An echo of the Aztec priest, dagger held high, kindly telling his victim that his heart has to be pulled out from his chest, because that's just how the sun works. What is your reaction to the above excerpt? Do "millions have to suffer [because] that's just how the market works"? Are millions "suffering"? Are there things that we do, things that might harm us or others, believing that if we don't do them, "the world" will "end"? Is Mr. Kriss off base? Why? Why not
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