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Why the Neoliberal Agenda Is a Failure at Fighting Coronavirus

By Richard Wolff on May 29, 2020 12:03 pm

The utter failure of private capitalism to prepare for the coronavirus should have surprised no one. Private capitalism, as business school graduates repeat, focuses on profit. The “profit incentive,” they learn, makes private capitalism the superior, “most efficient” economic system available. That is its “bottom line” and “chief goal.” The problem is that to produce [...]

The post Why the Neoliberal Agenda Is a Failure at Fighting Coronavirus appeared first on Citizen Truth.


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