Wednesday, February 9, 2011
Manfred Max-Neef on Neo-Liberalism
Chiliean economist Manfred Max-Neef, in the brief video below, advances a biting critique of neo-Liberal economic theory in very much the same vein as my recent 'Society, The Economy & The Environment' post. He argues that much of the development economics taught today is at odds with the implementation of economic policies as experienced by much world's poor. This has resulted in a 'value-free' science that fails to address the multitude of human needs in pursuit of economic bottom lines and has proven destructive towards communities, civil society and the environment.