“The main problem with current neo-liberal globalisation is that it detaches economic and political power from locality, tradition and interpersonal relationships. That’s because it makes a fundamental assumption about human nature: that we are essentially selfish, greedy, isolated individuals who seem to maximise our own individual happiness or short-term pleasure. Purely individual interests ultimately clash. This conflict is then supposedly resolved by the ‘invisible hand’ of the market and the visible hand of the state. In consequence we are left with an increasing centralisation of power, a growing concentration of wealth and an ever-more atomised society.”
The Common Good in an Age of Austerity Lecture, 9 July 2014 http://joncruddas.org.uk/sites/joncruddas.org.uk/files/ebor%20a.pdf
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Jon Cruddas6
British politician 1962Related quotes
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