Washington Consensus

Former US President Barack Obama admitted that the neoliberal capitalist policies he and his predecessors supported fostered the rise of…
The post Obama Admits Bipartisan Capitalist ‘Washington Consensus’ Fueled Far-Right and Multiplied Inequality appeared first on The Grayzone.

The past century has seen a counter-revolution against the Enlightenment, classical economics and its culmination in socialist hopes to steer industrial capitalism to evolve into democratic socialism. What is occurring today is a self-destructive financial dynamic of impoverishment, dependency and breakdown in many ways like what happened when Rome’s creditor oligarchy plunged the Empire into the Dark Age two thousand years ago.