Implicit to the neoliberal view of the world, is the need to compartmentalize everything into easily understandable ideologically-driven concepts. But it is coming at a price. And it includes the erosion of our civil liberties.
“Economics has failed,” is a phrase that is becoming more common by the day, the result of the current economic paradigm of neoliberalism. But economist, Professor Michael Hudson says economics has not failed it all. It is working perfectly well, according to the rules upon which it has been set. On this week’s episode of Renegade Inc, we explore the cover story of neoliberal economics.