Ismael Hossein-zadeh: Back to Market Fundamentalism: How champions of Neoliberal economics are reversing New Deal economics
Huffington Post • Mar 12, 2010The "golden" years of the U.S. economy in the immediate post-WW II period, along with the recovery and expansion of the economies of other industrialized countries, afforded the working class of these countries a decent, even middle-class, standard of living. Combined with extensive social safety-net programs such as the New Deal reforms in the U.S. and Social-Democratic reforms in Europe, the economic recovery and high employment rates of that period paved the way for a relatively cooperative relationship between the working and capitalist classes in these countries. This led many pundits of historical developments to argue that perhaps Karl Marx… Full Story »
