Neoliberalism is sold to the public as a simple package that’s easy to understand, in the capable hands of professional politicians and economists. But what lies beneath this pernicious economic idea that is responsible for almost all the chaos we see around the world?
On this week’s show we meet Marc Friederich and Matthias Weik – two economists who didn’t succumb to groupthink after the 2008 crash and now see financial capitalism’s end game.
Neoliberalism is a toxic economic dogma that has serious social and political consequences. In Britain and the US, mainstream media have a long record of selling neoliberalism to the public and political lawmakers. Recall Prime Minister Margaret Thatcher’s slogan, “There is no alternative” (TINA). As I document in my new book, Real Fake News (Red Pill Press), elites throughout history have always used information to control the thoughts and actions of the public. But the modern project has stretched itself to the limit, and people are starting to say No.
It is by far the most emotive and divisive issue of a generation: Brexit has split families, ended relationships, derailed political careers and divided a country. But was the outcome of the EU referendum on the 23rd of June 2016 a rash, knee jerk decision, or had anti-EU feeling been building for many years? If Brexit was a long time in the making, we ask: Who were the real grandparents of Brexit?
NHS was established on the basis that there should be free medical care to the entire population. Back in 1948, it was the first such scheme in any Western country, funded by the taxpayer and from no other source. But now the NHS is a euphemism for privatisation, cuts to services and the retrenchment of benefits. So what has happened?