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Neo-liberalism: The lesson we never learned



The lesson we never learned

The triumphant march of neo-liberalism that has dominated the world over the last 40 years is rapidly fading after the costly defeat in the 2016 elections. It leaves behind a history of several major economic disasters, a dubious legacy of globalism, the erosion of the middle class, the widening gap between the rich and the poor, the growing political instability, and the general social malaise. Even those who created and were part of the neo-liberal order recognize that it does not work.

The demise of neo-liberalism leaves a gaping hole in our political landscape. Several political forces are now scrambling to step in its shoes. Which of them will fill in the political vacuum? Will the change resolve the current political conundrum?

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