this post was submitted on 10 Jan 2024
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Economics

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[–] Fleamo@lemmy.world 4 points 2 years ago (2 children)

It's doing fine. There are many free trade deals in the works around the world, the WTO is still chugging along as normal.

I'd actually say the idea of minimal government control over the economy is still the majority opinion in the US, Biden's Child Tax Credits are tax cuts, Trump had tax cuts. UBI which has been growing in popularity on the Left is really a neoliberal solution to welfare.

And on trade we just renegotiated NAFTA and kept it and we're working on a trade deal with the UK. You think the trade barriers to China are this big turn against neoliberalism but nobody has even had the ability to pass a law about it, the sanctions law is all repurposed from the Cold War.

[–] givesomefucks@lemmy.world 2 points 2 years ago (1 children)

Yeah, it's clickbait.

Neoliberals controll the dem.party, and they're not giving it up even if that means Republicans keep winning elections.

Hell, James Carville is still running around DC saying the same stuff.

Neoliberalism is alive and well, and that's the problem.

[–] davel@lemmy.ml -1 points 2 years ago* (last edited 2 years ago) (1 children)

Betteridge's law of headlines: Any headline that ends in a question mark can be answered by the word no.

[–] givesomefucks@lemmy.world 1 points 2 years ago (1 children)

I get that. Just not sure why you made this post in the first place...

[–] davel@lemmy.ml -1 points 2 years ago

Because it’s the best one hour exposition on neoclassical/neoliberal economics I’ve ever seen, and Michael Hudson and Radhika Desai are two of the best geopolitical economists I know.

[–] davel@lemmy.ml -2 points 2 years ago* (last edited 2 years ago)

Correct, and many of these points are highlighted in the video.