Jeffrey Sachs Explosive Address at the EU Parliament (www.youtube.com)

submitted 3 days ago by dessalines@lemmy.ml to c/worldnews@lemmy.ml

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[-] davel@lemmy.ml 12 points 3 days ago* (last edited 3 days ago)

Not to paint Sachs as a perfect saint, but Naomi Klein really oversold his villainry in her book. Sachs was not the architect of shock therapy, which is a neoliberal economics project in direct opposition to Sach’s Keynesian economics school. As capitalist positions go, Keynesianism is comparatively good. He talked about it a little last year on Breaking Points. I tend to think that he was dropped into the former Warsaw Pact states when he was young, idealistic, and largely ignorant of US neocolonialism.

[-] TranscendentalEmpire@lemm.ee -4 points 3 days ago

I find it interesting that people here are falling over themselves to defend a capitalist economist. Is supporting Russian nationalism so important that we now defend a participant in the destruction of the Soviet system?

[-] davel@lemmy.ml 9 points 3 days ago

You’re arguing with straw men. I’m not defending capitalism nor the destruction of the Soviet Union. Nobody is confusing Sachs for a comrade. I said, “as capitalist positions go.” There’s a difference between Keynesianism and neocolonial asset stripping of the commons.