Neoliberalism is one of the biggest threats in the world today. It is a nefarious economic system that divides nations, influences wars, and grows economic inequality. In order to fully understand neoliberalism, a definition of Neoliberalism must be shown.
Neoliberalism is a modern political and economic philosophy that believes in massive deregulation, privatization, tax cuts (especially for the super wealthy), excessive free markets, free trade, globalization, and other reactionary actions in the world
. Neoliberal economic policies have harmed nations in Russia, Argentina, the Eurozone, South Africa, the UK, and of course America. Neoliberalism contributed to the economic recession in the 21
It is a shame that corporate interests want to use imperialism for the sake of advancing free enterprise and they curse anyone who advocate just the general welfare (or advance social justice) to be advanced for the poor and the oppressed in the world. Some folks ignore how the poor catch inexcusable suffering day in and day out.
The Federal Reserve being exposed for its corruption and nefarious policies are a great thing to do. The Bank of Israel's Governor Stanley Fisher is nominated as the Federal Reserve Vice Chairman. It is obvious when you have select central banks controlling an inordinate influence in the world, then that is wrong and problems will occur.
When the governments of countries in the world are dependent for money on the bankers, then the government leaders can never totally handle the affairs of their own nations.
Many financiers in real life have no loyalty to patriotism or decency. The Federal Reserve just commemorated 100 years of financial terrorism. In mid-December, President Barack Obama nominated Stanley Fischer as the Federal Reserve vice chairman. If she will be confirmed, he will replace Janet Yellen. Yellen will soon be the first woman to be the Chair of the Federal Board of Governors. She will replace Ben Bernanke. She will become the Fed Chairman in the end of January. From January 2005 through June 30, 2013, Fischer was Bank of Israel governor. He holds dual US/Israeli citizenship. He was involved earlier with the Bank of Israel. In 1980, he was a visiting scholar. In 1985, he was Reagan administration advisor to Israel’s economic stabilization program. During that time, neoliberalism just grew. Knesset members amended the Bank of Israel Law. It prohibited it form printing money for industrialization, full employment, and immigrant absorption. Israel embraced transformative change for the worst. Power began shifting from various government agencies to the Finance Ministry and Bank of Israel. It’s similar to how America was financially dealt with. In 1985, Israeli policy included budget deficits reduced to near balance. Inflation was dampened the wrong way. Wages, public pensions, and other social benefits were cut. The shekel was debased. Unions lost power and workers were exploited. The Arrangements Law established an emergency Economic Stabilization Plan. Doing so sidestepped normal legislative procedures. Knesset members were prevented from