RadioRaheem84
6th October 2010, 18:24
David Harvey chronicles the end of the Keynesian State in both Britain and the US in the 70s in his book Brief History of Neo-Liberalism. Apparently, the private and public joint ventures to combat feelings of anti-corporate, anti-business and anti-government hysteria. Much of this was a concerted effort on the part of political and business elites.
He takes the theory much further to assert that not only was this a concerted effort to bring free market thought to the forefront, but also a concerted effort to reestablish class power and dominance.
How much would you guys say this is true? How can we establish that such efforts were for class restoration along with capital accumulation? Can these two things be separated?
Michael Parenti says that nothing in the political, economic or social realm happens in a vacuum. All policy is a concerted effort to benefit class interests.
He takes the theory much further to assert that not only was this a concerted effort to bring free market thought to the forefront, but also a concerted effort to reestablish class power and dominance.
How much would you guys say this is true? How can we establish that such efforts were for class restoration along with capital accumulation? Can these two things be separated?
Michael Parenti says that nothing in the political, economic or social realm happens in a vacuum. All policy is a concerted effort to benefit class interests.