> “#neoliberal” consensus is based on what might be called “really existing free market doctrine”.. the rich and powerful must shelter under the wings of the nanny state.. In accord.. public spending after 17 years of #Thatcherite gospel is the same 42 1/4% of GDP.. These are not the consequences of “#EconomicLaws” or what “the #FreeMarket has decided, in its.. wisdom,” as.. alleged. Rather, they are the results of deliberate #PolicyChoices under really existing #FreeMarketDoctrine,..
> The #debt is a social and ideological construct, not a simple economic fact. Furthermore, as understood long ago, liberalization of capital flow serves as a powerful weapon against #SocialJustice and #democracy. Recent #PolicyDecisions are choices by the powerful,.. not mysterious “#EconomicLaws.”.. institutions that design the national and global systems are no more exempt from the need to demonstrate their #legitimacy than predecessors that have thankfully been dismantled. #NoamChomsky