“the #LondonConsensus doesn’t throw out all the #WashingtonConsensus. Like its predecessor, it prioritizes fiscal prudence and low inflation. But it also emphasizes the importance of regulating the financial system effectively to prevent booms & busts …” www.newyorker.com/news/the-fin... #economics

What Can Economists Agree on T...
What Can Economists Agree on These Days?

John Cassidy on “The London Consensus,” a new book that offers a framework for rethinking economic policy in a fractured age of inequality, populism, and political crisis.

The New Yorker

@Em0nM4stodon

Xactly

And that goes for all government operations.

Things like #NewPublicManagement, #Neoliberalism and the #WashingtonConsensus pushed politicians and civil servants to run the public like the private.

The #bCNDP gets back into power in 2017 and reverses like none of the tax cuts from the previous 16 years. 😳🤯

BC? Still in the resource exploitation #StaplesTrap.

#cdnpoli #canada #mexico #fascism #antifa #elbowsup #bcpoli #vancouver #burnabybc #canlab #bcgreens

Politica dei dazi, multipolarismo e rischio di crisi del dollaro: qualche riflessione - di Andrea Fumagalli - Effimera

Si sa che a furia di ripetere il falso, la menzogna si invera. Media mainstream e governanti europei accettano passivamente l’idea trumpiana che i rapporti [...]

Effimera
Il difficile e illusorio equilibrismo di Trump – di Andrea Fumagalli - Effimera

Alle 16.00 del 2 aprile 2025, ora di Washington, Trump ha annunciato dal Rose Garden della Casa Bianca l’entrata in vigore immediata di dazi sui […]

Effimera
Still haunted by #WashingtonConsensus
"since the 2008 GFC many countries in e #GlobalNorth hv . declin'g growth, rampant #inequality, failing institutions, fractured political consensus, #corruption, mass protests & #antiglobalisation sentiment.. Joe Stiglitz & D Rodrik had pronounced e Washington Consensus dead.. Is there a way to reinvent or restructure e global #economy now tt it has become a source of widespread dissatisfaction? & what even is e goal of #development?"
https://www.bangkokpost.com/opinion/opinion/2808815/still-haunted-by-washington-consensus
Still haunted by Washington Consensus

In 1989, the British economist John Williamson christened what was to become the defining intellectual export of the era of globalisation: the Washington Consensus. Initially a reference to the policies adopted to tackle macroeconomic turmoil in Latin America, the term quickly morphed into a canonical

https://www.bangkokpost.com
The latest idea for Apple monopoly advocacy think tank @ITIFdc is a sick new nationalist regime they call “National Developmentalism”. QT @ITIFdc: #China will continue to challenge U.S. leadership, but #policymakers need to embrace a new “national developmentalism” approach instead of subscribing to historical thought from the #WashingtonConsensus, says @RobAtkinsonITIF in the @koreatimes http://www.koreatimes.co.kr/www/opinion/2023/01/784_343671.html 2023-01-19 19:20:49 UTC
When facts about China change, elites should change their views too

Since the late 1970s, the United States has been in the grip of a deep, almost religious belief that free markets and unfettered globalization maximize U.S. and global welfare. Termed the “Washington Consensus,” the view is based on a number of deeply held beliefs, including that small government is best, governments should not try to pick winners, no industry is more important than another, and more economic competition and global integration are always good.

The Korea Times
Il nuovo disordine mondiale / 6: la crisi dell’ordine occidentale e la sua “naturale” soluzione

di Sandro Moiso «Il 29 maggio 1453, Costantinopoli cadeva sotto l’assalto degli eserciti di Mehmed [...]

Carmilla on line
The Chinese are investing heavily in educating and upskilling their people, including English language education that for many begins in preschool. The education system in the US - like most countries that have embraced the #WashingtonConsensus - has been falling apart since the 1980s. So while the US frack their way down a dead end street in an orgy of #ClimateChange and #PeakOil denial, the Chinese are actively preparing for a world of electric transport, powered by #RenewableEnergy.