the deliberate weakening of social protections has produced greater financial and economic insecurity
Joseph E. Stiglitz considers what 40 years of anti-government, low-tax, deregulatory advocacy have wrought around the world.
neoliberalism simply did not deliver what it promised
countries under the sway of neoliberalism have consistently failed to enact strong regulations against pollution (or, in the US, to address the opioid crisis
unregulated markets are neither efficient nor stable
expanding the freedom of corporations curtails freedom across the rest of society
The freedom to pollute means worsening health (or even death, for those with asthma), more extreme weather, and uninhabitable land
what they earn was made possible by government investment in infrastructure, technology, education, and public health ... what they would have if they had been born in one of the many countries without the rule of law
Where would Elon Musk and Tesla be if not for the near-half-billion-dollar lifeline they received from President Barack Obama’s Department of Energy in 2010?
“Taxes are what we pay for civilized society,”
taxes are what it takes to establish the rule of law or provide any of the other public goods that a twenty-first-century society needs to function
if most people are forced to endure the insecurity of not having reliable health care or adequate incomes in old age, society has become less free: at a minimum, they lack freedom from the fear of how traumatic their future might be
dishonesty, socially destructive profiteering, and rent-seeking will prevail, public trust will continue to crumble, and materialism and greed will triumph
selfish
scoundrels and opportunists
a society without trust
if we want to live in a society that values all citizens and strives to create ways for them to live full and satisfying lives
people suffering from precarity, which means existing without predictability or security, affecting material or psychological welfare ... lack of job security
In sociology and economics, the precariat (/prɪˈkɛəriət/) is a neologism for a social class formed by people suffering from precarity, which means existing without predictability or security, affecting material or psychological welfare. The term is a portmanteau merging precarious with proletariat.[1] Unlike the proletariat class of...
蒲公英族（英語：precariat；/prɪˈkɛəriət/)，或譯作「流眾」[1]、「不穩定無產者」[2]、「殆危族」、「飄零族」[3][4]等，在社会学和经济学中，是由飽受不稳定之苦的人组成的階級。蒲公英族是不稳定（precarious）与无产阶级（proletariat）的混成词。 [5][6]...
