The rise of Neo liberalization on the world stages the topic of professor David Harvey's book A Brief History of Neoliberalism" and it is a good simple read of how this political-economic form came to dominate much of the worlds economies. Harvey brings up many names and dates but the most important one is October 1979 when Paul Volker engineered a shift where curbing inflation was deemed more important regardless of the employment consequences. The days of full employment as a condition of the American experience came to an end and tax breaks were given to non unionized regions of the South and capital fled the unionized North and Midwest. Harvey talks about in this book how the new upper classes have used their power and the ability of neoliberalism to squash domestic completion and expand globally making their cases stronger at home. The political power of the wealthy through this immense expansion of neoliberal policies is the number one issue facing the collapse of this country.
From the corporatist takeover of New York to military coups in Chile and Argentina, Harvey goes not explaining how chamber of commerce conspiracies to retain and hoard even more wealth
Harvey shows how neo liberal policies even goes after the great socialist states in Europe and how they were able to coral union rights and workers in places like Sweden. Harvey puts this economical theory on trial throughout the book and how it redistributes wealth to investors instead of wage workers. Environmental degradations through unregulated actions for consumer creationism is wrapped up in this book and the struggle for saving the Earth. Constant resource extraction for profit is a trademark result of neoliberalism and reason enough for its immediate destruction. People can get a better understanding of this system through the great writing works of dudes like David Harvey.
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