The pandemic is a vivid illustration of the great damage that the neoliberal era has done to the large majority of the population. We should, however, have no illusions about belief in markets or homo economicus. The core principle of neoliberalism is to shift decisions from governments, which are to some extent subject to public influence, to private tyrannies that are completely unaccountable to the public – and according to neoliberal doctrine, must be devoted solely to self-enrichment. As soon as they gained greater power under Reagan, Thatcher, and the like, they rapidly reshaped markets to their own advantage. And of course they depend very heavily on public subsidies and bailouts when they cause crises, once again today.
http://www.ekathimerini.com/254221/article/ekathimerini/comment/noam-chomsky-we-are-paying-for-the-logic-of-capitalism
How true. All of it.
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