2007

22 quotes found

"The story of neoliberalism is quite familiar to the millions across the USA whose lives have been ravaged by the "financial crisis of 2007-2008," which led to countless families losing their life savings, homes, and businesses. Commercial media attempted to neutralize the nastiness of neoliberal policies that led directly to this unseemly situation by calling the global emergency "a financial crisis" or "economic downturn," as if these events were unfolding as part of a historical movement or a cyclical part of economic laws. Yet, it was clear that the situation was a direct and logical outcome of the corporate wilding of America, where years of neoliberal policies have resulted in the greatest wealth gap to date in this country. The resulting scenario is violence - but not necessarily the type of violence that media outlets portray. I am not talking about muggings, robberies, or even shootings. I am pointing to a much deeper and sinister type of violence: the type of violence that can be prevented easily, such as the violence of forcing people, especially children, to go perpetually hungry in a society of great abundance; the violence of having people unprotected from the harsh elements when millions of homes are vacant across the country; and the violence of paying people such low wages that they are unable to secure basic human needs such as clean water, healthy food, dental and medical care, a decent home, affordable transportation, and quality education."

- Financial crisis of 2007–08

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