Sunday 30 July 2017

Democracy in Chains

In a recent post (Missing Links) by George Monbiot we learn of how American democracy has been crippled by corporate funded economic theories. 

Papers found by Nancy MacLean at Virginia University after the death of James McGill Buchanan are the subject of her latest book Democracy in Chains: the deep history of the radical right’s stealth plan for America.


Buchanan's theories influenced by the neoliberalism of Friedrich Hayek and Ludwig von Mises,  argued that freedom is the absolute right to use your property however you wish without interference from society, human rights, social justice, and labour laws which are seen as exploiting "men of property on behalf of the undeserving masses." 


Monbiot's post is worth reading for how it reveals the progression from Western democracy and the threat of totalitarian capitalism.

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