Neoliberalism and neoclassical economics are often terms that are used interchangeably by various economists and financial writers, but actually, there are important differences between the two. We’ve had some requests from readers to make that distinction more obvious, so Claire Connelly has summarised what you need to know.
One thing Theresa May will be remembered for is her treatment of the British police. As Home Secretary, Mrs May brutally cut more than a fifth of all funding to police forces. The unofficial dictat was that the police should do more with less, a mystifying statement that almost guarantees a demoralised and thus compliant workforce. So is this what she wanted? Or was there another motive to this act? A political move maybe, that would begin the privatisation of Britain’s police force.
You know there’s something deeply wrong with the state of the global economy when American venture capitalist, Nick Hanauer, reaches consensus with Jeremy Corbyn, that if capitalism doesn’t change fundamentally, it will destroy itself.
Coming up this week on Renegade Inc we explore the ramifications of the privatisation of public services, up to and including the police force. Tune into Renegade Inc on Monday the 29th of January at 7.30am, 1.30pm, and 6.30pm, or stay glued to the website for upcoming episodes.
Paul Verhaeghe, professor of clinical psychology and psychoanalysis, claims we live in an extremely controlling society, where authority has all but disappeared, lapsing into brute force. He says the neoliberal economic order has changed us for the worse, that change cannot be left to the so-called ‘free market’, and that we ourselves must take the first steps towards creating a new social order.