this post was submitted on 22 Sep 2023
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Antiwork
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There are pretty substantial ghouls that preceded Reaganomics: chartered monopolies, anonymous transferable shares of companies (thinking Dutch East India Company here), prohibition of local currencies, central banking, labor theory of property
And that succeeded Reaganomics: Chokepoint capitalism, evergreen IP, the gig economy
Yes, in a proximate sense, specifically in the US, Reagan broke a lot of dams that were holding back the most calamitous floods that were poised to drown us... but he didn't fill them with water in the first place.
yeah I was going to say not to forget nixon but reagan was really a turning point but so is trump now. pre/post wise I feel trump is worse but that just might be the bias of how adjacent it is currently.