Privatization Has Been A Colossal Flop – Allen J Frances M.D.

Let’s get this straight. I am a penny pincher, who hates waste and wants a lean and efficient government. But, that said, we have to face the fact that our massive  privatization of what once were government functions has been a failure. There are some public services that get really loused up when done privately and for profit. This is a classic …

In Defense Of The Commons – Shalmali Guttal & Mary Ann Manahan

“Enclosures have appropriately been called a revolution of the rich against the poor.” Karl Polanyi, The Great Transformation. 1944. (p. 35) Shared access, reliance, use and governance of natural resources is a common form of tenure in the world, North and South, rural and urban. The specific rules and institutions that govern common property are very diverse, developed by communities …

Milton-Friedman-Pic

Eco Economics Takes on Neoliberalism – ROBERT HUNZIKER

Ever since Milton Friedman, American economist (1912-2006), who considered himself the heir to Adam Smith, used the term neoliberalism in an essay “Neoliberalism and its Prospects” in 1951, the world has tilted in that direction, starting with Chile as the “Chicago Boys” lab experiment under the watchful eye of the infamous dictator General Augusto José Ramón Pinochet Ugarte, president from …