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How Neoliberalism Broke Britain (2023)

8 hours ago
  • #economic decline
  • #social breakdown
  • #neoliberalism
  • Neoliberal policies have led to the decline of Britain's economy and public services.
  • GDP growth pre-2008 was built on shaky foundations, including debt and asset inflation.
  • The 2008 financial crisis exposed systemic issues, with austerity worsening inequality.
  • Post-crisis, productivity stagnated, wages fell, and corporate profits soared.
  • The pandemic and cost-of-living crisis further highlighted systemic failures and corporate greed.
  • Public services and infrastructure are underfunded, leading to social breakdown.
  • The state prioritizes capital over social welfare, exacerbating inequality and instability.
  • Chronic stress and poor health are widespread due to economic pressures and lack of support.
  • Social bonds are eroding, leading to anger and alienation, with unpredictable consequences.