Re:The death of neoliberalism from within
by elgabogringo on Friday June 03, 2016 @12:37PM
(#11831346)
The author of the editorial is from the guardian, not the Economist.
The individual using the NHS/Schools as examples was the IMF author, not the editorial writer.
I never said either didn't understand economics. I said he didn't understand some of the words he was using. I was referring to the use of "neoliberalism" & "laissez faire"
Re:The death of neoliberalism from within
by dragonwriter on Friday June 03, 2016 @12:43PM
(#11831406)
> The author of the editorial is from the guardian, not the Economist.
True.
> The individual using the NHS/Schools as examples was the IMF author, not the editorial writer.
False. The NHS/Schools example comes (as is explicitly stated in the Guardian piece) from Will Davies, author of The Limits of Neoliberalism, a completely separate work from the IMF report.
What I believe he's talking about is the introduction of free market dynamics to schools and single-payer health care, two institutions that have been resolutely socialist (in the classical sense of the word) for a long, long time. His belief is that these "modernizations" are destroying the institutions.