Till the 1960’s, Neoliberalism had the same status in economics as Wahhabism (a supremacist, fundamentalist and intolerant version of Islam) had in Islam. (1). How it became the guiding principle of Western countries is an interesting question. Neoliberalism claims that human beings are best served by liberating the entrepreneurial class through strong private property rights, free market and free trade. State’s only role was to[Read More...]
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