13 December, Neoliberal Doldrums, KMC No matter - TopicsExpress

13 December, Neoliberal Doldrums, KMC No matter what happens in the economy, neoliberal economists believe in no pro-people alternative. The Index of Industrial Production (IIP) contracted by 4.2% in October, the worst in three years. Manufacturing, in the same period, fell by 7.6%; consumer durables declined by 35.2%; consumer goods dipped by 18,6%; and capital goods fell by 2.3%. A flourishing economy? No a neoliberal myth.

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