Free market illusions: What is the US’ endgame in China?
Ramzy Baroud, 02 June 2021
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. Continue reading “Article: Free market illusions: What is the US’ endgame in China?”
Gregory W. Meeks (D-NY) is a committee member of the 116th Congress U.S. House Committee on Financial Services. Meeks is an American politician serving as the U.S. Representative for New York’s 5th congressional district since 1998. He is a member of the Democratic Party. He previously worked as an Assistant District Attorney and for the Special Narcotics Prosecutor for the City of New York before joining the Investigations Commission on official misconduct and organized crime. He then was Supervising Judge for the New York State Workers Compensation System. Meeks was a member of the New York State Assembly (31st D.) from 1993 to 1998, sitting in the 190th, 191st, and 192nd New York State Legislatures. Meeks graduated from Adelphi University (BA) and Howard University (JD).
U.S. House Banking Committee on Financial Services