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Neoliberalism: there has been a redistribution and concentration of wealth in the hands of the rich.

Posted by BFP Staff on Oct 11, 2017 at 10:17 AM

Margaret Thatcher : 'There is no alternative' to capitalism needs to be abandoned once and for all.

By Dr. Sam Ben-Meir
It never ceases to surprise me how merely the suggestion that our current global capitalistic system is not the best humanity can do for itself, is so often met with virulent hostility. One would think that when we are still recovering from the economic crisis of 2007-2008 (and many economists see an even worse crisis on the horizon), when inequality has been steadily rising since the neoliberal turn of the early 1980s, when real wages have remained virtually stagnant, and the list goes on – one would think that perhaps we would keep an open mind regarding alternatives; instead of buying the tired old argument that anything else must either lead to totalitarianism, or be incurably utopian.

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