Econobabble: The Deceptions of Economic Rationalism (or neo liberalism)
October 2016.
Neo-liberal economics entered the global stage 30 years ago promising economic growth that would benefit us all. Instead it has delivered huge increases in inequality, leading to waves of political unrest across the world. In this presentation Richard Denniss exposes the deceptions of neo-liberal economics, providing practical advice for those who seek to oppose it.
Those who have lost out express their anger by supporting Trump, voting for Brexit, or aligning themselves with anti-immigrant parties that are emerging across Europe as well as in Australia. Those who continue to push neo-liberal policies attempt to distract voters attention by focusing on other manifestations of chaos, such as border protection and boat people.