The governments of most western countries have betrayed their citizens with globalisation and loose regulation. Freedom to transfer money across borders, access to markets with little responsibility or accountability.
Some make a fortune during the turbulence, others suffer poverty or virtual slavery. The peaks become higher and the troughs lower.
I have trouble believing that this is the world foreseen by the original proponents of neoliberalism. Freedom is a wonderful thing, but not when it facilitates and entrenches unfairness.
My grandfather, who lived through a similar period of financial disparity in the 1930s refers to it as "wild capitalism". No need for a crystal ball to predict what may happen next.
Some make a fortune during the turbulence, others suffer poverty or virtual slavery. The peaks become higher and the troughs lower.
I have trouble believing that this is the world foreseen by the original proponents of neoliberalism. Freedom is a wonderful thing, but not when it facilitates and entrenches unfairness.
My grandfather, who lived through a similar period of financial disparity in the 1930s refers to it as "wild capitalism". No need for a crystal ball to predict what may happen next.