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Free Market Illusions: What Is The US' Endgame In China?

Why does the US advocate a free market while doing its utmost to stifle it? The current US-China economic war is a perfect example of this perplexing question. The legacy of Milton Friedman, the founder of America’s modern political economy, was . ....

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The 'free market' is anything but, so what is America's endgame in China?

June 4, 2021 at 1:00 pm
Why does the US advocate a free market while doing its utmost to stifle it? The current US-China economic war is a perfect example of this perplexing question.
The legacy of Milton Friedman, the founder of America s modern political economy, was a representation of this very dichotomy: the use, misuse and manipulation of the concept of the free market. Through the Chicago School of Economics, whose disciples have proved most consequential in the formation of the US approach to foreign policy, especially in South America, Milton constantly championed the virtues of the free market, emphasising a supposed link between freedom and capitalism, and insisting that governments should not micromanage markets. ....

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Free market and the US-China rivalry

Why does the US advocate a free market while stifling it too? The current US-China economic war is a perfect example of this perplexing question.
The legacy of Milton Friedman, the founder of America’s modern political economy, was a representation of this very dichotomy: the use and manipulation of the concept of the free market.
Through the Chicago School of Economics, whose disciples have proved most consequential in the formation of the American approach to foreign policy, especially in South America, Milton constantly championed the virtues of the free market, emphasising a supposed link between freedom and capitalism and insisting that governments should not micromanage markets. ....

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Free market illusions: What is the US' endgame in China?

In the US-Chinese economic war both countries are similar in terms of economic ambitions ....

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Why Kenyans Fear a New IMF Loan

Why Kenyans Fear a New IMF Loan
The terrible impact of past IMF loans has made it clear to many Kenyans that yet another loan spells disaster.
Pictured above is Central Bank of Kenya. Due to COVID-19, Kenyans have been protesting online against IMF loans.
World2 hours ago
Never did I imagine that opposing an International Monetary Fund (IMF) loan to Kenya would be viewed by the Kenyan authorities as a criminal act. But that is exactly what transpired in early April when activist Mutemi Kiama was arrested and charged with âabuse of digital gadgetsâ, âhurting the presidencyâ, âcreating public disorderâ and other vaguely-worded offences. Mutemiâs arrest was prompted by his Twitter post of an image of President Uhuru Kenyatta with the following caption: âThis is to notify the world . . . that the person whose photograph and names appear above is not authorised to act or transact on behalf of the citizens of the Republic of Keny ....

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