Never Let a Serious Crisis Go to Waste

At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators thought that neoliberalism itself was in its death throes. And yet it seems that-post-apocalypse-we''ve awoken into a second nightmare more ghastly than the first: a political class still blaming government intervention, a global drive for austerity, stagflation, and exploding sovereign debt crises.
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