Yves here. Recall Lambert’s distillation of neoliberal principles :
#1 Because markets
#2 Go die!
It seems more and more citizens are working this out and rebelling against rule by Mr. Market and his official stooges.
Richard Murphy, after a detailed media critique, explains that it is possible to stand up against domination by capital. That may seem quixotic. But recall that the overarching message of Karl Polyani’s classic The Great Transformation was that the operation of commerce and markets were destructive to the social order, to the degree that opposition rose to throw sand in the gears.
By Richard Murphy, Emeritus Professor of Accounting Practice at Sheffield University Management School and a director of Tax Research LLP.…