The Keynesian Era and the Neoliberal Era

In the Keynesian era in the 1960s, global growth was around 4%. Since then, global economic growth has been stagnant, under 2%. And by the way, this is all even considering still China's economic growth, and China did not implement neoliberalism. Now, despite the fact that this zombie neoliberalism still lives on in many ways, among both political parties in the U.S., we actually have seen some top U.S. government officials acknowledge the failure of Neoconservatism. In a separate video, I'll show how different China's market socialist model is to neoliberalism.