Nèdeem Elmahjoub's blog

State intervention may be back, but don't assume neoliberalism is dead Related Here is what the Financial Times , a supporter of neoliberal capitalism of last 40 years is suggesting to reform a system in a deep crisis and thus preserve it: "Radical reforms — reversing the prevailing policy direction of the last four decades — will need to be put on the table. Governments will have to accept a more active role in the economy. They must see public services as investments rather than liabilities, and look for ways to make labour markets less insecure. Redistribution will again be on the agenda; the privileges of the elderly and wealthy in question. Policies until recently considered eccentric, such as basic income and wealth taxes, will have to be in the mix."

A group of people armed with a Bolshevik-Marxist programme are planning the overthrow of "the American way of life":

Some good arguments, but "liberalism in theory" itself has to be questioned. "In theory, modern liberalism is a set of ideas about human freedom, markets, and representative government. In practice, or so it now seems to me, it has largely become a political affect, and a quintessentially conservative one at that: a set of reflexes common to those with a Panglossian faith in capitalist markets and the institutions that attempt to sustain them amid our flailing global order. In theory, it is an ideology of progress. In practice, it has become the secular theology of the status quo; the mechanism through which the gilded buccaneers of  Silicon Valley , Wall Street, and multinational capital rationalize hierarchy and exploitation while fostering resignation and polite deference among those they seek to rule." Liberalism in Theory and Practice