LABRST 1C03 Quiz: neoliberailism
2 Nov 2015
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Image of double decker bus image of half of planet. Report of survey of wealth in world richest 85 people in world could fit on double decker bus. They own as much as half the planet as 3. 5 billion people. Business suffer profits are down, property values are going down. Companies are suffering (another) political shit: most important. Happens at the business level at top, business leaders become very vocal. They don"t believe have to bargain with unions. As times go on they become more vocal. Both sides say keynesian failed, even marsim say failed. The market must be free, it works best on its own. Was a moral philosopher, but this goes well beyond him. Greed is good the movie - wallstreet . Markets are the the most rational way of distributing of wealth throughout: self-correcting. Markets are self-correcting, which goes against keysian ideas who says need government intervention.
