But opponents of state intervention didn’t lay down their arms. Fueled by ideological fervor, the fear of communism, and in-depth works by prominent economists, the ideological warfare against state intervention began again right after World War II in the form of neoliberalism[381]. It gained steam because of major societal changes. The rising aspi

Much of what free trade has brought about is what gets called “the race to the bottom,” the quest for the cheapest possible wages or agricultural production, with consequent losses on countless fronts. The argument is always that such moves make industry more profitable, but it would be more accurate to say that free trade concentrates profit away

They’ve been an era of growth driven by the global poor subsidizing the rich to fuel the overconsumption of an array of more and more ephemeral goods and services dependent on steeply diminishing returns economics, where the natural world, communities, and society are marginalized.

Far from being a necessary phase in every nation’s progress, rising inequality is a policy choice.