Comment by tormeh
13 hours ago
I don't think the parent said it was. This is clearly closer to mercantilism, given the degree of government involvement.
13 hours ago
I don't think the parent said it was. This is clearly closer to mercantilism, given the degree of government involvement.
They've claimed this is the result of or at the behest of 'ultra capitalism'. I don't even mind hyperbole--call it fascism if you want--but at least use the dimensionally-correct terms. This is like when people call everything 'neoliberal'.
Isn't neoliberal just Friedman and the Chicago boyz' liberalism? So policies enacted by Reagan, Pinochet and Thatchers?
Sort of and to varying degrees. Neoliberal is a funny one because it's used as a thoughtless pejorative by both the left and right.
I've heard people say housing policy has failed because it's too neoliberal meaning too free market, and then other people say it's failed because it's too neoliberal i.e. too much government intervention.
Neoliberalism is basically just markets-by-default and evidence-based alternatives when they fail.
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