You are viewing a single thread.
View all comments View context
-7 points

Nope, gotta scroll down to “current usage”

Historian Elizabeth Shermer argued that the term gained popularity largely among left-leaning academics in the 1970s to “describe and decry a late twentieth-century effort by policymakers, think-tank experts, and industrialists to condemn social-democratic reforms and unapologetically implement free-market policies”;[51] economic historian Phillip W. Magness notes its reemergence in academic literature in the mid-1980s, after French philosopher Michel Foucault brought attention to it.[52]

At a base level we can say that when we make reference to ‘neoliberalism’, we are generally referring to the new political, economic and social arrangements within society that emphasize market relations, re-tasking the role of the state, and individual responsibility. Most scholars tend to agree that neoliberalism is broadly defined as the extension of competitive markets into all areas of life, including the economy, politics and society.

The Handbook of Neoliberalism[22]

Neoliberalism is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing, especially through privatization and austerity, state influence in the economy.[8] It is also commonly associated with the economic policies introduced by Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States.[28] Some scholars note it has a number of distinct usages in different spheres:[53]

They love changing the name for it, but their principles remain steadfast.

Hell, Biden even tried to co-opt “Reaganomics” into “Bidenomics” and trumps been using the “MAGA” campaign slogan that Regan used…

permalink
report
parent
reply
7 points

You cannot be more wrong.

It is also commonly associated with the economic policies introduced by Margaret Thatcher in the United Kingdom and Ronald Reagan in the United States.

As a public policy, it involves the privatization of public economic sectors or services, the deregulation of private corporations, sharp decrease of government budget deficits and reduction of spending on public works.

There is debate over the meaning of the term. Sociologists Fred L. Block and Margaret Somers claim there is a dispute over what to call the influence of free-market ideas which have been used to justify the retrenchment of New Deal programs and policies since the 1980s: neoliberalism, laissez-faire or “free market ideology”.[54] Other academics such as Susan Braedley and Med Luxton assert that neoliberalism is a political philosophy which seeks to “liberate” the processes of capital accumulation.[55] In contrast, Frances Fox Piven sees neoliberalism as essentially hyper-capitalism.[56] Robert W. McChesney, while defining neoliberalism similarly as “capitalism with the gloves off”, goes on to assert that the term is largely unknown by the general public, particularly in the United States.[57] Lester Spence uses the term to critique trends in Black politics, defining neoliberalism as “the general idea that society works best when the people and the institutions within it work or are shaped to work according to market principles”.[58] According to Philip Mirowski, neoliberalism views the market as the greatest information processor, superior to any human being. It is hence considered as the arbiter of truth. Adam Kotsko describes neoliberalism as political theology, as it goes beyond simply being a formula for an economic policy agenda and instead infuses it with a moral ethos that “aspires to be a complete way of life and a holistic worldview, in a way that previous models of capitalism did not.”

Neoliberalism is distinct from liberalism insofar as it does not advocate laissez-faire economic policy, but instead is highly constructivist and advocates a strong state to bring about market-like reforms in every aspect of society.[60] Anthropologist Jason Hickel also rejects the notion that neoliberalism necessitates the retreat of the state in favor of totally free markets, arguing that the spread of neoliberalism required substantial state intervention to establish a global ‘free market’.[61] Naomi Klein states that the three policy pillars of neoliberalism are “privatization of the public sphere, deregulation of the corporate sector, and the lowering of income and corporate taxes, paid for with cuts to public spending”.

permalink
report
parent
reply
-5 points

Bruh…

Neoliberal means different things in different countries… Just like liberal does

Why are you bolding the part a Canadian said?

Why not stop using such a general link? We’re talking about modern American neoliberalism, you want the father of that?

It’s James Carville.

https://en.m.wikipedia.org/wiki/James_Carville

You want an explanation on modern American neoliberalism:

https://plato.stanford.edu/entries/neoliberalism/

It’s not as easy of a read as Wikipedia, and it’ll.probably go over your head.

permalink
report
parent
reply
5 points

Huh, that article on Carville doesn’t contain the string “neol”. One might think that if he were considered the “father of American neoliberalism,” a Wikipedia article would mention that.

The Stanford article is a bit of a hodge-podge of “lots of people say lots of things, but nobody really wholly agrees.” I appreciate your bringing it to my attention. My take is that neoliberalism is “Libertarian Lite,” which is a whole lot closer to Republican conservatism in America than it is to Democratic center-right.

Go on and say you’re going to block me now.

permalink
report
parent
reply

politics

!politics@lemmy.world

Create post

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to “Mom! He’s bugging me!” and “I’m not touching you!” Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That’s all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

Community stats

  • 15K

    Monthly active users

  • 16K

    Posts

  • 478K

    Comments