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Tim BarkerÂ
spoke to Mike Konczal
, the author of Freedom from the Market: Americaâs Fight to Liberate Itself from the Grip of the Invisible Hand (The New Press).
Tim Barker: You say that
Freedom from the Market has some origin in Occupy Wall Street. How did you express that in this book?
Mike Konczal: This book is the culmination of a political education over the last ten years. And this is the book I wanted to read ten years ago. There have been these really big debates that have come in waves about public provisioning, the necessity of public goods, the role of the market in our everyday lives, neoliberalism, and whether we were at the end of the welfare state under President Obama. I think people understood at the time that there were real problems but werenât always sure how to articulate them, or where to go with the alternative. In more recent years, there was a huge wave of political activismâFight for $15, Medicare for All, free college, Bernie Sand
Author
In October 2019, the people of Ecuador rose up against the International Monetary Fund and the austerity demands attached to a $4.2 billion loan to the government of LenÃn Moreno. Marching through the streets of Quito, demonstrators called to end the brutal cuts imposed as conditions of IMF support. âWhat the government has done is reward the big banks, the capitalists, and punish poor Ecuadorians,â a trade unionist told Al Jazeera. âOut with the IMF!â said another.
The IMF, however, has stayed. Following a year of deadly unrest, the IMF and the Ecuadorian authorities continue to advance budget cuts, salary reductions and sell-offs in exchange for bail-out funds to the government.