A Portrait of Contemporary Neoliberalism
The Rise and Economic Consequences of the One per Cent
Simon Mohun examines the massive growth of inequalities in income and wealth, which is perhaps the most commonly agreed-upon cause of polarization across the world today. Mohun argues that most significant structure that allows and encourages this growth has been the structure and dynamic of neoliberalism, which has allowed the the large and sustained increase in income and wealth amongst the richest One Per Cent. Mohun draws the blunt conclusion that the ‘divergence between social interest and individual profitability has never been as great as it is today’. Mohun focuses on topics such as neoliberal politics, globalization, financialization, privatization, inequality, privatization, climate change, and radical state action to fix this issue.