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Hong Kong’s Cautionary Tale: How 40 Years Of Neo-Liberalism Fueled A Crisis

IDEAS Posted: September 14, 2020 1:29 pm

This blurring of the division between public and private finds governments overtly working on the behalf of capital to extenuate an economic system that favors global capital over labor, private corporations over society and social welfare, and economic concentration over economic democracy. It is a system that is perpetuated by the attenuation of politics and capital, whereby the rich purchase beneficial economic policies that further insulate their position and wealth. Through political influence they obtain lower taxes, larger deductions, fewer regulations, and corporate protections, among other things. – Boston Review

IDEAS Published: 09.10.20

Read the story in Boston Review Published: 09.10.20

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