Soulless Economics

'An allegedly impersonal economic structure, which quietly benefits the infinitesimally few who have far more than they need, is no foundation for our future,' the author writes.

by Robert C. Koehler

Austerity, the tool of neoliberal capitalism, stands up to Greek democracy and stares it down. Oh well.

We’re remarkably comfortable with soulless economics.

But we have yielded to this economic model, in thought, word and deed:

“At issue,” USA Today informs us, “is whether Greece has taken adequate steps to cut spending and raise taxes to deserve the new three-year, $59 billion infusion of funds it has requested, and whether it can be trusted to follow through on the austerity program it has proposed as the price for new loans.”