Fourteen years ago, the 1% got the tax breaks and regulatory rollbacks which they had repeatedly assured us would usher in an era of boundless prosperity. What was ushered in instead was the worst economic disaster since the Great Depression - an ongoing disaster that is exacerbated by the austerity-mongering neoliberal vampires who still control our economy. Now, even the Harvard Business Review is calling out the neoliberal nonsense about entreprenuers, pointing out that the short-term view of the financial markets values disruptive innovation less than efficiency innovation (i.e., cutting jobs). When the man who invented the term disruptive innovation (Clayton Christensen) says captialism does not value his brainchild, you know that Wall St. has jumped the shark.
Posted on: Tue, 24 Jun 2014 03:01:46 +0000
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