Neoliberalism Fosters Acceptance of Inequality

 


In the spirit of the upcoming United Nations (UN) World Economic Forum (WEF) in Davos, Switzerland, this year, I have chosen to revisit some of the economic issues and political leaders of my youth. 

In the last four decades, the following issues have arisen in a very complex and challenging social and political milieu, with a human face: growing inequality, the impact of corporate greed on the nature of the nation-state, the disruptive effects of international capital, the rise of China, the shape of the post-Brexit world, and climate change.

An overwhelming number of governments around the world are currently passing or pushing through policies and laws that negatively impact the well.

If you don't recognize the names or faces, you probably have heard of them before. Let's review briefly who we are talking about.

Abdul Hakim Belhaj was born in a well-to-do family in East Pakistan (now Bangladesh) in 1955 and obtained a BA in economics from Calcutta University in 1972 and an MA in economics from Indian Statistical Institute (ISI) in 1977. 

He has been professor of economics at University of Salford in the United Kingdom since 1995 and is vice president of the U.N. Population Fund (UNFPA), a leading organization in family planning and sexual health, based in Nairobi, Kenya.

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