After the economic crisis in 2008, the neoliberal fairytale of austerity was given a new boost. The neoliberal ideology reflects the idea the dismantling of the welfare state is urgently needed. Austerity means that all state expenditures are reduced to a minimum...
Charles Dickens as Economist (tags)
Ultimately the whole industrial revolution appears like a fairytale that becomes true. At the end of the 19th century, the GDP in England was six times as high as 1834. Human possibilities of life and consumption improved to a tremendous extent. Dickens described this exciting process.