this post was submitted on 04 Oct 2023
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United States | News & Politics

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[–] [email protected] 43 points 11 months ago (4 children)

Dude who ushered in neoliberalism in the US: "wow, you guys sure have a shitty system"

[–] [email protected] 23 points 11 months ago

better late than never

[–] [email protected] 18 points 11 months ago* (last edited 11 months ago) (1 children)

And how long did neoliberalism last? From the early 1980s to 2008 in its entirety? A quarter century or 25 odd years only? With the peak of "end of history" neoliberalism not even lasting a single decade, from December 1991 to September 2001.

Was all the death and destruction that enabled such a system to exist even worth it? Even from the cynical point of view of capital, this seems like an abject failure.

[–] [email protected] 25 points 11 months ago (1 children)

We are still in neoliberalism, though it is waning, aren't we? If it ended, I think it was probably only circa the invasion of Ukraine, which could be taken as a marker for Russia asserting itself as a world power again and violating unipolarity.

In any case, of course the answer to your question is that it was never worth it to us, but always worth it to the rich.

[–] [email protected] 19 points 11 months ago

We are at the stage (and have been in it since 2008) in which the old school imperial powers are trying to restore the order of neoliberalism, but are increasingly failing to do so. The invasion of Ukraine has just made that even more apparent than it was before. The bank bailouts of 2008 didn't do much to restore order, sanctions against Russia and China are proving increasingly ineffective, and austerity politics are not steadying the ship as they did in the past. It is impossible to go back now.

This video explains it better than I can

[–] [email protected] 1 points 11 months ago (1 children)

its actually a pretty chad move tbh, hard to do much better than being margret thatchers soul from hell admitting that neolibralism is fucked and shit and bad

[–] [email protected] 3 points 11 months ago

If he took responsibility rather than just being a condescending prick, you'd have a point.