[Pen-l] Walden Bello on the coming capitalist consensus

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

End of neoliberalism? Sorry, not yet.


Dec 24, 2
By Patrick Bond

Those who declare that the Great Crash of Late 2008 heralds the end of free market economic philosophy - "neoliberalism" for short - are not paying close enough attention.

^^^
CB: Well, of course the bourgeoisie's economic agents will continue to philosophize/fantasize free market,  but it's obvious to everybody that they don't have any clothes on ,because the $ 8 trillion handed over to the big Wall Street banks, and the auto bailout pretty much proves beyond a doubt to anyone who understands the basic concepts that it is not a free market system, but a monopoly system. "Too big to fail" means "not a free market system".  The jig is pretty much on that.

^^^^^
o a new threat arises, in the form of relegitimised neoliberalism and imperialism, via the election of Barack Obama as US president.

^^^
CB:  How's he supposed to "legitimize" such a  mess ?  Even O can't put lipstick on this pig. 



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