Trump Turns Out the Lights on the Neoliberal Economic Era

Trump Turns Out the Lights on the Neoliberal Economic Era

In 1979, in an otherwise unremarkable case called Reiter v. Sonotone Corp., the United States Supreme Court, citing former attorney general, corporate lawyer and failed nominee to the Court Robert Bork, claimed Congress’ intent in enacting the Sherman Antitrust Act was not to protect the public from concentrated corporate power or unfair competition, but merely to create a “consumer welfare prescription.” Bork published a book the year prior tit…

More discreet than the trade war, the reorientation of US foreign policy towards a financial disengagement from developing countries and multilateral institutions could have heavy and lasting consequences. Just begun, Trump 2 already poses an unprecedented threat to development finance, a pillar of economic and political stability for a large part of the world. The retreat from a historic pillar of multilateralism Until Donald Trump's re-electio…