fix articles 473653, ludwig erhardt Los Angeles Indymedia : tag : ludwig erhardt

ludwig erhardt

Neoliberalism or New Freedom for Corporations (tags)

"The interests of merchants always differ from public interests. As a rule, they are interested in deceiving and misusing the general public" (Adam Smith). Keynes established that the market alone cannot ensure the prosperity of everyone.

Competition Ideology and Power Reality (tags)

Competition cannot be an end-in-itself. Uncontrolled private power leads to misuse. Uncontrolled competition increasingly destroys itself through concentration and centralization processes. Bastard Keynesianism helps the banks. People diverted from real cause of crises

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