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Peter Simpson on (neo)liberalism

Listen HERE CUNY philosophy professor Peter Simpson, author of “Theocracy’s Challenge” and Political Illiberalism, continues last week’s conversation on “debt traps” and discusses the impending fall of the Western neoliberal empire. Is neoliberalism’s achilles heel its financial system, which rewards rent-extracting parasites (like Wall Street) and discourages investment in real infrastructure and goods and services? Is China eclipsing the West because its public banking system rewards real production? As Michael Hudsonwrites: “So the question is what kind of financial system are you going to have to back up a central banking system and credit creation? Is credit going to be a…

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Peter Simpson on Why Theocracy Is Better than Secular Liberalism

Listen HERE CUNY philosophy professor Peter Simpson has published “Theocracy’s Challenge” presenting a cogent argument for the superiority of theocracy over secular liberalism. It concludes: “The modern world has prided itself on getting rid of a theological power capable of commanding and restraining the political. Its much-touted claim is that we have thereby secured for ourselves a freedom unknown and inconceivable by a past under the deadening thrall of priests. But pride, as they say, goeth before a fall. Few things in human life can be trusted pure and left alone without external check and restraint. Most men are no…

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