Britain PM admits hypocrisy of Neoliberal programme.
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The first feature after headlines on today’s Democracy Now! showed a clip of British Prime Minister Harold Brown admitting the AIC have imposed Neoliberal principals on developing countries, but not followed them themselves.
Too often, our responses to past crises have been inadequate or misdirected, promoting economic orthodoxies that we ourselves have not followed and that have condemned the world’s poorest to a deepening crisis of poverty.
Amy segued into an interview with a prominent critic of Neoliberal Globalization, University of Cambridge economist Ha-Joon Chang. Her introduction:
Ha-Joon Chang, Economist at the University of Cambridge specializing in developmental economics. In 2005, he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought. He is author of the books Kicking Away the Ladder: Development Strategy in Historical Perspective and, his latest, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism.
Chang mentioned the Late Larry Summers by name. Tomorrow I’ll tie this together with the Sandel Summers Course at Harvard “Globalization and It’s Critics”. Y’all come back now, hear?
