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Neoliberal reforms strengthening monopoly power, abuses

KUALA LUMPUR and SYDNEY, May 7 2019 (IPS) – Over the last four decades, growing concentration of market power in the hands of oligopolies, if not monopolies, has been greatly enabled by ostensibly neo-liberal reforms, worsening wealth concentration and gross inequalities in the world. The ‘counter-revolution’ against Keynesian and development economics four decades ago, which inspired the Washington Consensus, claimed to promote economic ... Read More »