I’d like to add two more pieces of evidence that also prove why neoliberalism is bad, at least if your purpose is to promote the general welfare of our citizens and protect us from those that do things adverse to our rights and our communities' interests. First, there’s Professor of Economics at UCCS Daphne Greenwood’s 2014 book (found …
I’d like to add two more pieces of evidence that also prove why neoliberalism is bad, at least if your purpose is to promote the general welfare of our citizens and protect us from those that do things adverse to our rights and our communities' interests. First, there’s Professor of Economics at UCCS Daphne Greenwood’s 2014 book (found in https://www.inthepublicinterest.org/the-decision-to-contract-out-understanding-the-full-economic-and-social-impacts/) which shows precisely why the private sector is inferior to the public sector when it comes to managing our commons, or as Greenwood concluded, “unless there is real innovation that leads to greater efficiency or higher quality, communities will see a net negative effect on the wider social and economic level.” Second, Fortune magazine published a great article last week about income inequality (https://fortune.com/2022/04/06/income-inequality-worker-pay-shareholders-buybacks/) supporting the points Thom made about how the morbidly rich have persistently been exploiting the same folks that they have bamboozled into voting against their own economic self-interest for decades. And the grift goes on.
I’d like to add two more pieces of evidence that also prove why neoliberalism is bad, at least if your purpose is to promote the general welfare of our citizens and protect us from those that do things adverse to our rights and our communities' interests. First, there’s Professor of Economics at UCCS Daphne Greenwood’s 2014 book (found in https://www.inthepublicinterest.org/the-decision-to-contract-out-understanding-the-full-economic-and-social-impacts/) which shows precisely why the private sector is inferior to the public sector when it comes to managing our commons, or as Greenwood concluded, “unless there is real innovation that leads to greater efficiency or higher quality, communities will see a net negative effect on the wider social and economic level.” Second, Fortune magazine published a great article last week about income inequality (https://fortune.com/2022/04/06/income-inequality-worker-pay-shareholders-buybacks/) supporting the points Thom made about how the morbidly rich have persistently been exploiting the same folks that they have bamboozled into voting against their own economic self-interest for decades. And the grift goes on.