I think I’ll flag this Guardian article up today. ”A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades.” Although part of me wants to cry ”I could have told them that!” it’s good to have what we on the left have long suspected officially recognised by an independent body. ‘ ”The benefits in terms of increased growth seem fairly difficult to establish when looking at a broad group of countries,” they said. ”The costs in terms of increased inequality are prominent.” ‘ Although the right are so wedded to their greed-based philosophy that I can hear their cries of ‘bias!’ and ‘leftist propaganda!’ already, a report by a body like the IMF is hard to argue with. This dispels the old lie that greed somehow benefits all, and exposes the truth once and for all that neoliberalism boils down to selfishness.