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Column: How did America get addicted to a policy that fails everyone but the rich?

Por: Los Angeles Times Business October 04, 2022

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Here's the central riddle of U.S. politics since the Great Depression: Social Democratic policies crafted in the 1930s succeeded in creating a long era of widespread prosperity, then suddenly lost their credibility in the mid-1970s. They were replaced by the neoliberalism of Ronald Reagan, which failed to help anyone but the rich, yet still governs American economic policy. The ascent of neoliberalism and its staying power is a puzzle, J.... + full article



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