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Archive for May, 2010

Neo-Liberalism and the role of Government.

Neo-Liberalism and the role of Government. When a government abdicates its responsibility in regulating the economy (as did the U.S. government), capitalist greed accompanied by all sorts of illegal amassing of wealth by the few, at the expense of the majority in society takes place. In other words, policies of neo-liberalism compel governments to abandon [...]

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Neo-Liberalism, and the Greek tragedy.

Neo-liberalism, and the Greek tragedy. The country that gave the world the three most important tragedians, Aeschylus, Sophocles and Euripides is facing a major economic tragedy. While economists the world over have differing views on the root cause of Greece’s economic problem, as a non economist, I have been immensely concerned with anarcho-capitalism, (an economic [...]

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Out Of Focus

Few years ago, I was teaching this class, which was full of intensely focused young people. They were ambitious, quick witted and hard working. There were few, that wanted to radically change the language of our discourse. They would say, referring to a female as a “hero” is disgraceful. We should refer to a female [...]

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The rhetoric and reality of Neo-Liberalism.

The rhetoric and reality of neo-liberalism. U.S. National debt $ 12,861,498,793,143.58 The outstanding public debt as of 01 May 2010 The national debt has continued to increase an average of $ 4.07 billion per day since September 28, 2007. (a wonderful result of neo-liberalism) “Neo-Liberalism is a system of economic thought [ideology] embracing the efficient [...]

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