Sublime
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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
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
Nonetheless, ENGOs, perhaps unexpectedly, have been successful in influencing state policies over the last decade – until very recently.
Prasenjit Duara • The Crisis of Global Modernity: Asian Traditions and a Sustainable Future (Asian Connections)
Fortunately, we never attempted to subsidise rice or other staple foodstuffs. Those governments which have done so face grave problems, as more and more of their revenue goes into feeding more and more mouths at subsidised prices, generating overpopulation, under-education, low economic growth, massive unemployment and resulting social unrest. And
... See moreKuan Yew Lee • The Wit and Wisdom of Lee Kuan Yew
It’s not hard to appreciate the bureau’s plight. Everybody wanted standards—it’s not as if manufacturers took pride in making incompatible hoses. It’s just that each firm desperately wanted its way of doing things to be the standard way, and for good reason. Losing a standards war meant having to retool, which might require purchasing expensive new
... See moreDaniel Immerwahr • How to Hide an Empire
A 3 percent increase in the standard of living of the U.S. population costs twenty-five times as much as a similar increase in the living standard of India, despite the greater size and more rapid growth of the Indian population. Significant benefits for the poor demand a reduction of the resources used by the rich, while significant benefits for t
... See moreIvan Illich • Tools for Conviviality
In 1999, Angola’s rulers spent $900 million in oil revenues to purchase weapons. Never mind that one child in three dies before the age of five and life expectancy is a shocking forty-two years.
Charles Wheelan • Naked Economics: Undressing the Dismal Science (Fully Revised and Updated)
Roosevelt was just getting started. In 1903 the Dominican Republic’s finances collapsed. Its president, Carlos Morales, intimated that he would welcome annexation by the United States—the second time that country had offered itself up. A decade earlier, Roosevelt would have jumped at Morales’s offer. But now, exhausted by the Philippine War, he was
... See moreDaniel Immerwahr • How to Hide an Empire
