We still have some taxes and a few social services, but it hasn't exactly been happy time for neo-Keynesians.
It's true that glibertarian utopias have a habit of imploding, but I'm not sure he's suggesting that.
Er - haven't we had the industrialised cliche glibertarian utopia for the last couple of decades?
Only in Somalia...
ThatBritGuy:
I know it seems odd now, but back when he was writing, "liberal" really did mean something different, much closer to glibertarian than it does now.
Metatone:
After Reagonomics?
It's amazing, really, because in the 1960's Galbraith was ready to pronounce neoclassical marginalist economics dead. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
