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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 …

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Capitalism in America: Giving Crazy a Bad Name While Subverting Democracy

Ever since Milton Friedman’s series of essays on Capitalism and Freedom, conservatives have tried to link democracy and capitalism into essential handmaidens.  But as the evidence shows, it’s a reality-busting bundle that only a psychotic could love.  Or believe.The fact is, capitalism as practiced in America – far from being democracy’s handmaiden — is anathema to freedom, and ultimately, impoverishing to …