The Vampire of NeoliberalismsteemCreated with Sketch.

in #economics5 years ago

The neoliberal model is not a development model, but is purely extractive. Neoliberalism was a close ancestor to mercantilism, which was an ever more brazen assault on foreign nations and their resources.

Short of gunboat diplomacy, neoliberalism is a corrosive force that rigs the rules of the game in favor or the oligarchs and at the expensive of foreign/indigenous peoples worldwide, ecosystems, and fair labor.

"We are still awaiting the Darwin of Economics to enlighten (or straighten out) the world." - Anonymous

Self-sufficiency means not being import dependent or dependent on foreign capital for investment that could be financed with sovereign wealth, credit, tokens, fill-in-the-blank.

Basic infrastructure services should be provided to the economy at cost, on a subsidized basis or freely, not turned over to foreign owners to extract monopoly rent, which is the extractive neoliberal model.

Washington has controlled world affairs and protected multinational corporations through parasitic trade agreements, propping up dictators of convenience, and utilizing the World Bank and IMF as their weapons of austerity and oppression on foreign citizenry throughout the world.

Russia and the Eurozone were set-up with Washington/Goldman Sachs advice in order to assure their own demise and internal unrationality. Russia, however, has survived under the strength of Putin, who is aligning with China and by-proxy India, Iran, Turkey and others to create the seeds of a new world economic order.

Peace on the STEEM blockchain - ClumsySilverDad

http://www.hangthebankers.com/cia-jim-rickards-prediction-2024/

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