There is no alternative: Margaret Thatcher’s words were something of a guiding principle for neoliberalism in recent decades. Whatever the ruling class imposed on the population, their actions were always alleged to have “no alternative.” In 2008, when numerous major banks collapsed, seemingly overnight, triggering a global financial crisis, the maxim of the free market […]
Tags: capitalism, marxNancy Fraser, Professor of Philosophy and Politics at the New School, examines the economic crisis and the growing political divide between neoliberal elites and a fragmented popular opposition.
Tags: capitalism