~ NI-M/D/M-BR-WNNIT-1970-B-TWTI-TW-PACS-TTA-TBECSTGD ~ Neoliberal Ideas – Monetarism / Deregulating / Market-Based Reforms – Were Not New In The – 1970s – But – They Were The Ideas – To Which – Politicians And Civil Servants – Turned To Address – The Biggest Economic Crisis Since The Great Depression

~ A-SOTM-H-NI-GSP ~ A – Simplification Of The Message – Helped – Neoliberal Ideas – Gain Significant Purchase

~ WA-N-RIR-WA-J-SA-N-IP-F-TMS ~ We Are – Not – Raising Interest Rates – We Are – Just – Setting A – Non-Inflationary Path – For – The Money Supply

~ AHBCN-DTRO-RBTS-IAR-EGA-T-RTBB-SAM-IFOTL ~ As Has Been Commonly Noted – Despite The Rhetoric Of – Rolling Back The State – It Actually Required – Energetic Government Action – To – Recast The Balance Between – State And Market – In Favor Of The Latter

~ FD-WAEMO-T-N-FIM-IW-AMUF ~ Financial Deregulation – Was An Extreme Manifestation Of – The – Neoliberal – Faith In Markets – It Was – A Mantra Universally Followed

~ M-‘FT’-T-LOT-O-IR ~ Monetarist – “Fine-Tuning” – The – Loosening Or Tightening – Of – Interest Rates

~ RNTATWEWA ~ Radical New Thinking – About – The World Economy – Was Absent

~ R-B-P ~ Reason-Based-Policymaking

~ TFTSPANWETS-THEOA-GE-T-P/D/BE-WGOIA-VPL-O-F-A-EO ~ The Fact That Some People Are Not Well Equipped To Survive – The Harsh Environment Of A – Globalized Economy – The – Poor / Disadvantaged / Badly Educated – Was Glossed Over In A – Vacuous Political Language – Of – Freedom – And – Economic Opportunity

~ TCWNMTAC ~ The Citizen Was Nothing More Than A Consumer

~ A-AATAF-TP-LAL-O-MF-IKSPA-SA-E/H/H-TLWL-WM/DS/IFR-ATST-TLO-P/E/C-R-TO-C/S/S

~ Abandoned – Any Attempt To Account For – The Possibility – Let Alone Likelihood – Of – Market Failure – In Key Social Policy Areas – Such As – Education / Housing / Health – The Losers Were Labeled –Welfare Moms / Dole-Scroungers / Indigent Free Riders –At The Same Time – The Language Of – Profit / Efficiency / Consumption – Replaced – That Of – Citizenship / Solidarity / Service

~ DBTFMG-TIOT-BNW-WT-IPE-CPH:I/S-S-CC/V-A-T-COC ~ Dominated By The Free Market Gospel – The Irony Of This – Brave New World – Was That – It Produced Everything – Conservative Politicians Hated: Insecurity / Social-Sexual-Cultural Changes / Violence – And – The – Collapse Of Community

~ T-EOTIC-TDO-TFDB-CAC-HBLF-TA-LOC-A-T-L-BAL-B-PWINI-AGAO-TPOPI-TAMT-IPL-AS-MB-CAA-IRTE ~ The – End Of The Ideological Conflict – The Disappearance Of – The Fundamental Division Between – Collectivism And Capitalism – Has Been Lamented For – The Accompanying – Loss Of Certainty – And – Tribe-Like – Belonging And Loyalty – But – Perhaps What Is Needed Is – A Greater Acknowledgement Of – The Point Of Political Ideas – They Are Meant To – Improve People’s Lives – And So – Must Be – Changed And Amended – In Response To Evidence

~ F-EASFI-IL-AET-FM-SNDTAO-A-M-I-IT-R-S&E-P-R-B-P-NTR-T-MR-O-IR-A-R-TM-UHN ~ Faith – Even A Secular Faith In – Individual Liberty – As Expressed Through – Free Markets – Should Never Drive The Application Of – A – Model – Inflexibly – Impervious To – Real – Social And Economic – Problems – Reason-Based-Policymaking – Needs To Return – The – Mundane Reality – Of – Incremental Reform – And – Regulation – To Meet – Urgent Human Needs