The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's mega-spending slathered trillions of dollars on pretty much everything.
In his book-length essay on neoliberalism, Alberto Mingardi provides some much needed clarification and explanation of this concept that has long been one of the Left's favored bogeymen.
Without the labor theory of value's assumption of a natural price that explains what is “really” going on beneath the veil of supply and demand, there is no mystification involved in capitalist production.
