Since the breakup of the Soviet bloc and China’s turn toward free markets many economists have pronounced an ‘end of history’ where capitalism reigns supreme as the ultimate form of economy.
Perhaps ‘there is no alternative’ to a globalized neoliberal economy – as former British Prime Minister Margaret Thatcher often said.
Indeed, free markets in which individuals compete to get what they can while they can are glorified in popular culture through reality shows such as Shark Tank.
But many of us in the 99 percent are not feeling so happy or secure about this economy’s results.
Many are working harder and longer just to maintain housing and keep food on the table.
Even the college-educated are mired in student debt – keeping the American Dream beyond their grasp.
And then there are those who have never been served well by this economy.
African Americans were liberated from enslavement only to be largely shut out of ‘free’ market opportunities.
Immigrants continue to work in the shadows.
Women still earn only about three-quarters of what men make for the same work.