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Policy is no longer being written by politicians accountable to the American public. Instead, policies concerning the defense budget, deregulation, health care, public transportation, job training programs, and a host of other crucial areas are now largely written by lobbyists who represent mega corporations.
The corporate right fires up the religious right against gay marriage and abortion and uses their votes to push their deregulation and tax cuts for the rich. It's an old trick. The House of Saud has the same arrangement with the Mullahs in Saudi Arabia.
Since FDR's New Deal, corporations and wealthy families have been non-stop finding new ways to get tax breaks, deregulation and entitlements from the government.
During the 1990s the United States sought to impose the 'Washington Consensus' on Latin American governments. It embodied what Latin Americans call 'neo-liberal' principles: budget cuts, privatization, deregulation of business, and incentives for foreign companies. This campaign sparked bitter resistance and ultimately collapsed.
I like Ronald Reagan, who didn't play crass politics, and he just articulated and delivered on broad themes that were needed. Free markets meant free markets. Deregulation. Lower tax rates. Strong national defense. And he was credible and believable.
Deregulation created this epidemic of greed which according to the rules of capitalism was OK. Beyond that there was criminal behaviour. There have been no repercussions and it's hard to make your peace with.
Is human nature basically good or evil? No economist can embark upon his profession without considering this question, and yet they all seem to. And they all seem to think human nature is basically good, or they wouldn't be surprised by the effects of deregulation.
I plan to eliminate the equity cap in investment, and I also plan large-scale deregulation to meet global standards.
More than 20 years on, sustained competition, informed customers and the rapid growth of new technology provide the necessary environment for substantial deregulation.
At the next General Election, voters face a clear choice: deregulation and less interference in everyday life with the Conservatives, or yet more regulation and interference under Mr Blair.
Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further.
In the future, people will blame the Eighties for all societal ills in the same way that people have previously blamed the Sixties. The various Thatcherite Big Bangs - monetarism, deregulation, libertarianism - have been working their way through the culture ever since.
You'll have lower prices under deregulation than you will through regulation.
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