Foreign Policy Blogs

Tag Archives: neoliberalism

The Morality of Power and Wealth

The Morality of Power and Wealth

As one of the godfathers of modern neoliberalism, it would be interesting to get Columbia University Professor Jeffery Sachs’ take on the recent government crackdown on protesting garment factory workers in Cambodia. The former Harvard economist once said “my concern is not that there are too many sweatshops, but that there are too few.” The […]

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Why Austerity Always Fails: Lessons from Thailand

Why Austerity Always Fails: Lessons from Thailand

Watching the news these days and hearing about yet another austerity plan being implemented in some European country usually requires a shake of the head and a rueful look directed at the television for most people. I’m not sure what else can possibly be cut, but it seems there is always more to take away […]

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Pillage, Plunder, and Western Hypocrisy

Pillage, Plunder, and Western Hypocrisy

By now, most people have come to the realization that the global economic order is under the unrepentant control of neoliberal institutions. Not to conflate neoliberalism with capitalism, but suffice to say both philosophies share the same goal: privatization, deregulation, and trade liberalization, all in the pursuit of profits. For some people, like Slate’s Matthew […]

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The Second Coming of State Capitalism and its Challenge to the Washington Consensus

The Second Coming of State Capitalism and its Challenge to the Washington Consensus

One thing history has consistently taught us is that paradigms shift and new eras are born in a repeating cycle that’s as old as hills. One thing history has also taught us is that some shifts are far more epochal than others; some have the capacity to distort the pathway of history and others not. […]

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