The abandoning of the Universal Basic Income pilot in Ontario (discussed in my blog last week) appears to show something rather strange about capitalism, particularly its later-period neoliberal variant. Whilst neoliberal capitalism worships ‘the market’ and dictates that all social ills and problems can be solved by the slavish following of the outcomes of free market competition, what it will not accept is any kind of competitive economic or sociological thinking.
If the way we run economies right now is so great, why won’t we countenance any discussion of other ways of doing things, or try out other models? What […]
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