What would it be like if we could remember the past? Before the new liberal order (neoliberalism) there was an old liberal order. We stepped onto an old path that still leads to the same place. 1920s/2000s - neoclassical economics, high inequality, high banker pay, low regulation, low taxes for the wealthy, robber barons (CEOs), reckless bankers, globalisation phase 1929/2008 - Wall Street crash 1930s/2010s - Global recession, currency wars, trade wars, austerity, rising nationalism and extremism 1940s - World war. We forgot we had been down that path before. Everything is progressing nicely and we are approaching the final destination. This is what it's supposed to be like. Right wing populist leaders are what we should be expecting at this stage and it keeps on getting worse. I remember now, it was Keynesian capitalism that won the battle of ideas against Russian Communism. These liberal phases never end well. It sounds so good, but ends so badly. WWIII next stop. Our recently developed mythology about liberalism isn’t based on past experience. This is what it’s always like.
@hjiang3828
9 ай бұрын
I pass through some papers to you in 2019 regarding my opinion which were against your paper at FT newspaper. Do u remember
@michaelsamuel7365
Жыл бұрын
The unemployed, employed , retired can have the spending power to meet the basic cost of living expenses.
@patrickvernon4766
Ай бұрын
I disagree liberal democracy is a threat to my race and I resent it
@richardpeterson1383
Жыл бұрын
I love to listen to this man! He is calm, logical, and organized in his thoughts.
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