YoU dOn’T kNoW wHaT lIBeRaL mEaNs
I used to be a libertarian and believed in the whole ‘freer the market freer the people’ shit…
But then I grew up.
Freer the market, freer the people… including the psychopaths with money and influence.
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if you want to implement unpopular policies, authoritarian regime is the way
The depressing thing is that fascists are popular enough to gain power. The populist pose, some scapegoating of minorities, and a dash of lying about their goals, is enough to win over many voters, and in a first-past-the-post system it doesn’t matter if the majority of the people don’t like them.
The market is authoritarian.
That’s not necessarily true, many supposedly democratic regimes consistently pass unpopular policy and don’t pass popular policy. E.g. welfare state cuts to expenditure in education, healthcare and pensions in post-2008 EU, or the lack of progressive policy in USA healthcare.
It’s precisely this ignoring of the popular will that turns people to fascism
A lot of economists don’t listen to anything Joseph Stiglitz says, because he’s not from the Chicago school. Economics is so stupid.
dismal, even
Except “dismal science” wasn’t meant as a critique.
Thing is…there is no real free market with proper competition, anyway. If there was such a thing, my groceries wouldn’t cost double now from what they were a mere five years ago (or quadruple, if looking at soda like Coke and Pepsi products). There is rampant collusion and price-fixing going on and not a damn government official seems to be doing anything about it. And yeah, the “but but the pandemic” excuse runs pretty thin as the years of this gouging continues.
In the USA, the FCC is actually taking grocery store chains to court over collusion and price fixing, presumably will target specific brands once more data gets released via the court proceedings.
So there are government officials doing things about it, but nobody ever seems to give them any fucking credit and every few years we vote in new politicians who gut the agency.
This is news to me! You got a link to a credible source? I’d love to read it so I can hopefully change my opinion some.
Thanks! That’s definitely more than I found. I didn’t know it goes back to March. Much appreciated.
Well you can find various FCC lawsuits going back decades but nobody ever talks about any of that stuff.
I think you mean FTC, but I’ll research to learn more. Thanks!
FTC oversees securities exchanges, primarily. Things like the stock market.
Funnily enough, not even neoliberals believe in the free market regardless of how much they spout its nonsense.
Thatcher was one of such neoliberals, she would always talk about how people should become self-sufficient and governments shouldn’t interfere in the free market for it to truly work and so on, but during her rule she was spending billions in subsidies for corporations (aka government interference in the free market). Of course, they weren’t called subsidies in the paperwork but some other bullshit like “public investment”, but their effect was still the same.
The truth is, a real market is never actually truly competitive. In an unregulated market, competing firms always collude with each other to set prices and wages for the industry. “Free market” ideology is based on nonsense, they’ve proven this over and over.
“Free market” ideology is based on nonsense, they’ve proven this over and over.
The theoretical model of the free market relies on perfectly rational actors acting on perfect information. If those are given, then resource allocation indeed is perfect.
Those conditions of course don’t exist in the real world, best we can do is to regulate away market failures to approach the theoretical ideal. That’s the kind of thing ordoliberalism argues for, and it can indeed work very well in practice. Random example: You want companies to use packaging with less environmental impact. You could have a packaging ministry that decides which company uses what packaging for what, creating tons of state bureaucracy – or you could say “producers, you’re now paying for the disposal of packaging yourself”. What previously was an externality for those companies suddenly appears on their balance sheet and they self-regulate to use way more cardboard, easily recyclable plastics, whatnot.
or you could say “producers, you’re now paying for the disposal of packaging yourself”
Definitely wouldn’t solve the problem as they’d just find the cheapest method of disposal to match the letter of the law and go about their day.
Corporations don’t self-regulate. They regulate the regulators. They work and then later buy the refs.
Definitely wouldn’t solve the problem as they’d just find the cheapest method of disposal to match the letter of the law and go about their day.
Those are illegal. Already were before. I’m not talking about a hypothetical, here, the policy is over 30 years old.
Corporations don’t self-regulate. They regulate the regulators. They work and then later buy the refs.
Yeah if they do that were you are then maybe elect better politicians. They sure as hell try it over here but it’s not nearly as much as an issue as e.g. in the US.
I dunno if I were in Germany I wouldn’t be so smug about electing politicians that prevent a slide into fascism.
Are you actually trying to make a point or did you simply want to be hostile.
My point is that it’s not as simple as setting “common sense” neoliberal rules when the corporations actively evade them. The problem in the US is also more complicated than you’re making it, here we need to basically redo a court which is full of people on lifetime appointments in order to roll back their ruling that political corruption is basically free speech.
The theoretical model of the free market relies on perfectly rational actors acting on perfect information. If those are given, then resource allocation indeed is perfect.
That’s not even remotely true. Natural monopolies exist because of how natural resources work, and oligopolies or undercutting of prices to destroy weak competition can happen with perfect knowledge by sellers and buyers.
weak competition can happen with perfect knowledge by sellers and buyers.
It can’t happen perfect rationality as it’s not in the rational interest of the majority to allow a minority their monopolies.
It’s a fucking theoretical model. The maths check out, that’s not the issue the issue is that it’s theory, with very glaring limitations.
Is the pandemic really the main claimed reason in the US? Here in central Europe it seems that since February of 2022, all products have been coming exclusively from Ukraine, so that is why they just had to become more expensive you know…
That joke was good, but it’s old now. Everyone should understand that it was due to the peak of oil/gas prices due to the Ukraine war, that had cascade effects on the price of transportation, fertilizer, energy, groceries…which then compoounded into general inflation with some price gouging too to keep it from going back as quickly.
If you want to keep that from happening again, gradually reduce your dependence on fossil fuels for your security, not just to “be green”.
Far-left and far-right regimes are just a cycle, society just goes from right to the left and vice versa gradually, bad times make stong men and good times make weak men. That’s it.
This is a classic fascist talking point. The ideology is coming from inside the house on this one.
🤡
Research about human history and you will know what I’m talking about, the same phenomenon it’s seen in all the human history, it is just now it’s at global scale but it will be the same when human get into the space, far-left and far-right will keep fighting each other for resources.
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The side of the winners it’s the side of the ones who pull the strings.
So Finland pulled all the strings when they fought the USSR? Are you sure about that?
And while we’re on the subject of the USSR, I assume you think that the people who had all the power in Imperial Russia were not the czar and his noblemen, considering they ended up on the losing end of a firing squad.
Research about human history and you will know what I’m talking about
I would turn this right around and suggest you yourself look up the “Fremen mirage”, it’s very readable, and more or less a direct dissection and dismantling of the precise interpretation of history you present here.
Research about human history
Whose writings specifically should we research? You do know that the study of history is not usually about objective facts, but interpreting historical accounts around those facts, right?
There is no consensus agreement on human history. Or fascism. If you want us to do research that argues your point, you’ll need to tell us who we’re supposed to read.
That’s what those on top say every time there is an economic crisis: “just a passing storm”, time to buy low. But every time there is irreversible damage that accumulates until the ship suddenly sinks.
bad times make strong men and good times make weak men.
This concept seem to be rooted in the idea that hard work makes you stronger. If you work 12 hours in a mine you won’t become the weightlifting world champion, you will also get no time to study, research or improve all the way around.
Some of the comments in this thread really tell you why it takes a novel laureate to say this. Some of y’all do not have a basic understanding of history, economic systems, or what the term reactionary actually means.
The correct response to “neo liberal capitalism has contributed to the rise of fascism” should be “no shit, Sherlock”
It’s truly sad that that isn’t 100% of the comments here.
Scratch a liberal and a fascist bleed, y’all. That doesn’t mean all liberals are fascist, that means that fascism is an outgrowth of liberalism.
And just in case y’all also don’t know what that means, “liberalism” in that context isn’t “Obama liberal, Bush conservative,” it means the political ideology of liberalism, of which both Bush and Obama were proponents of.
All right then… somehow in all of the history people wanted to get out of socialist/communist countries to the liberal ones so bad, that they had to build walls and shoot the trespassers.
Idk about you but I am gonna stick to the liberalism with solid amount of welfare and public services. However, you are free to move to Cuba or any other plethora of socialist countries to live however you want.
Papers pleaseAh yes the vuvuzela argument. Much easier than analyzing what the ideologies actually incentivize and lead to or using your eyes to take a look at the state of the world.
Complete brain rot. If LLMs reacted this way to every mention of socialism we’d think they needed more training. Chat GPT would express more a more nuanced and understanding-demonstrating answer than this. You should consider feeling ashamed.
I understand your frustration but you are misguided and ignorant. Education is truly a blessing to not repeat same mistakes from the past.
I am sure however that you are in extreme minority and pose zero danger to society. My sympathy remains. One has to believe in something. God, ufos or communism.
In a world dominated by capitalist realism I find that an ironic stance.
Socialism isn’t only implementable as an authoritarian state, but any attempt to implement it will be met with fierce resistance from “liberal” countries whose ruling class is not threatened by fascism but is threatened by socialism.
You’re fighting for the oppressor.
I am not fighting for anything. I am enjoying my life in a capitalist society. Thank you very much.
Enjoy it while you can, capitalism is actively destroying our climate and causing never before seen levels of wealth inequality. Fascism is the inevitable next step and is rapidly approaching. It will not perpetuate much longer whether by self-destruction, or hopefully, by replacement so that we can continue to thrive as a species.
That’s doomer speak from too much scrolling. I once too believed these things for a time but the world hasn’t ended, improved even. I am no longer as depressed and regained clarity of mind.
I hope you too can find peace and see the reason before all the time dwindles out like a sand from between your fingers.
🎵 The price of convenience will be our defeat 🎵
I’d also reccomend Skyline Blvd, John’s Song and Times New Roman. Oh and Sleepwalker, from the Destroy What Destroys you album
Cool but you are even more guilty than me if you just wait for some idealistic, mythical system to solve all problems instead of acting with what is here. Now.
You were sold some horseshit ma’am/sir
I think it’s because some people reading who aren’t terminally online like some of us, just see the word “liberal” in there and just immediately ignore everything else and take a defensive stance as they see themselves as aligned to their perception of the meaning of that word, and decide to push back as if you weren’t actually just accurately assigning blame to the economic school of thought that largely has led us to the massive upward curve of inequality we now see still growing…
…A curve which FDR had initially reversed starting in the 1930s after the Great Depression, but has since increasingly been clawed back by the rich getting a hold of all the necessary levers of power since then.
Scratch a liberal and a fascist bleed, y’all.
I really, really hate that expression. It’s like it’s purposely designed to alienate people with mostly good intentions telling them they’re no different from horrible people they hate with a fiery passion.
That doesn’t mean all liberals are fascist, that means that fascism is an outgrowth of liberalism.
Saying it means something other than what it plainly does mean doesn’t make it any better. Maybe it means that to you, but any slogan you have to explain is a shit slogan. All it does is signal membership in your in-group while telling everyone else who hears it that you’re part of their out-group.
good aesthetics and good vibes ≠ good intentions
and its the vibes that liberals really care about. its the obsession with feelings and aesthetics over truth. which is also why it’s such fertile soil for fascism to grow in. scratch a liberal, break the good vibes, snap them out of it, make them look at a homeless person, and they go fasch real quick. they certainly do a lot of shit fascists would approve of, they just kick some sand over it after. for example: the homeless purges about to sweep through california were ordered by a liberal, with the broad approval of liberals.
the concentration camps for migrants were built as much under liberals and fascists. as long as they dont have to see it, any amount of horror is fine. if it helps them not see suffering, any amount of horror is encouraged. they’re nice, they’re pleasant, but they are not friends, and the assumption that we’re natural allies, that they can behave as badly as they want and still count on left support is how american politics got as fucked as they are.
This is a problem with slogans and not just this slogan. Another one is “ACAB” which people get upset about because they know someone who is a cop and they don’t think that cop is a bastard… But “policing has systemic issues that hurt marginalized people disproportionately, primarily exists at the intersection between haves and have nots in a way that mostly serves the capitalist ruling class rather than creating justice” doesn’t fit in a sign.
okay but all cops, conclusively, ARE bastards, and we should say it so no idiot idealistic kids think they can join and be the good one.
because its true, and they are. all of them.
if one ever stopped being a bastard, they would stop being a cop pretty quick. usually via training accident.
exactly this just the natural end result of capitalism, the end goal has always been complete control by the ruling class.
Some of y’all do not have a basic understanding of history, economic systems, or what the term reactionary actually means.
Do you?
The correct response to “neo liberal capitalism has contributed to the rise of fascism” should be “no shit, Sherlock”
That’s pretty much most of the comments in this thread
And just in case y’all also don’t know what that means, “liberalism” in that context isn’t “Obama liberal, Bush conservative,” it means the political ideology of liberalism, of which both Bush and Obama were proponents of.
I don’t think these two were ever liberal about anything. The term liberalism has a wide history, associating it as a whole to fascism sounds a stretch.
In order, but not quoting because mobile app and lazy:
Yes.
I said some.
They were both liberal, in that they were both proponents of liberalism, as in “liberal democracy.” Not liberalism as left of center. Liberalism as in market economies and private property.
I’m also not necessarily associating liberalism as a whole to fascism. All zits are zots, but not all zots are zits, you dig? Fascism is an outgrowth of liberalism and capitalism, but it doesn’t mean liberalism is fascistic or that it is inevitable. It means that when liberalism is threatened, in decline, backed into a corner by its own contradictions, fascism is one way that it defends itself so that the status quo can be maintained. It just depends on which part of the status society/the ruling class/those in charge value more. The personal freedom bit, the private property bit, the lifestyle of the rich bit? Social democracy is another way that liberalism defends itself, favored by those who value the other end of the spectrum. Fascism is a reaction to growing tensions around those contradictions and growing support for things like social democracy and actual socialism.
Also, this article specifically cites neo liberalism, an ideology of its own, and an outgrowth of liberalism, but liberalism itself. The shittiest form liberalism takes without going full fash IMHO, but it’s hard to define “shitty” in any sort of academic sense. But fuck Reagan and Thatcher.
The term liberalism has a wide history, associating it as a whole to fascism sounds a stretch.
What specifically got called out was neoliberalism. While ordoliberalism was briefly called neoliberalism the general understanding of the term is “Whatever nefarious shit the Atlas network is currently up to”. Things like conflating the free market with unregulated markets (which are anything but free), trickle-down economics, ludicrously excessive rent seeking behaviour, like say privatised pension funds, publishing ratings calling countries “nanny states” for having warnings on cigarettes because yes the tobacco lobby is very much part of that ilk, really the list is pretty endless: It’s pure class war. War creates victims, those victims need handling, and misdirection of ire is a very convenient strategy, “It’s not the billionaires who own everything who are at fault that you can’t make rent, it’s the immigrants”.
It’s not just Marx who is rotating in his grave, Adam Smith is very much spinning with at least the same RPM. It’s after all his own work which gets abused by those people.
As to the more sensible liberalisms – they largely got captured. The EU has a strong ordoliberal bent actually regulating markets ((it’s in fact constitutionally a social market economy), but that neolib shit is still eating away at it and many people, even policy makers, can’t really tell the difference.
The term liberalism has a wide history, associating it as a whole to fascism sounds a stretch.
Socialists seem rather illiberal about the definition and allowed use of the word and concept of liberal. They hear “a liberal?” and think “a fascist!”. I suspect that this greatly plays into the polarization between tankies and limbrols here on lemmy.
For example a newer definition of fascism is 1. belief in inequality based on 2. a mythological identity (e.g. race which isn’t real). That is useful to talk about trumpism vs the neoliberal democrats. But socialists completely refute that and insist it’s both the same fascism because capitalism. And that is where any discussion ends in my experience. It’s like we’re dividing and conquering ourselves for the benefit of the fascists…
Of course they are right in terms of foreign policy, which is absolutely fascist towards “shithole countries” no matter who rules in the white house. Neoliberalism is: 1. belief in inequality based on 2. economic or class status 3. personal freedom to die in whatever way seems best to you.
And once the prosperity is distributed away with rising wealth inequality that does lead to plutocracy and then fascism. And I suspect the socialists are right that without an explicit socialist component in your ideology this outcome is inevitable.
But unfortunately their definitions are stuck based on outdated theories written before 1950.
epsi products). There is rampant c
You seem to be throwing around the term “socialist” in a similar naive way
They hear “a liberal?” and think “a fascist!”.
Nope. The primary reasoning is “a liberal?” “They’re going to create conditions conducive of fascism”. That specifically applies to neoliberalism which really is modern-day feudalism, to each billionaire their fiefdom. Fascist politics allow them to distract the proletariat from the actual source of their plight, it allows them to bribe a couple of people to get the laws they want instead of orchestrating complicated astroturf campaigns. It affords them legal privileges impossible in proper democracies.
The secondary reasoning is a hard to avoid slippery slope: Belief in inequality is a very neoliberal thing, you have “the valiant productive people” and “the lazy masses”. Illusions of false merit, people born into money legitimately believing they’re self-made, considering anyone who doesn’t want to hustle or exploit others meritless, therefore it’s “just natural and just” if they end up homeless and without health insurance. Have you listened to The Wall lately. The Pink Floyd album.
By the nine divines… Why does it take libs 80 years extra to reach the conclusions that Marxists have already described in detail in the last century…
Most people who were paying attention to the world when 1929 happened and witnessed the consequences up to 1945 are dying now. The people who were paying attention to the world when 2008 happened haven’t seen how the story ends.
Oddly, 1929-1945 and 2008-2024 are the same distance apart. Were you trying to do that or is it just eerie coincidence?
eheh, I’m a pessimist, what can I say 😅
because they live in a delusional fantasy world where belief in things corellates with warm fuzzy feelings more than congruence with material reality, “truth” is socially reinforced, and… shit, shit this reminds me of something.
Mainly because we spent 80 years being told to snitch on our neighbors and that commies are the devil himself come to wipe the world clean of good moral people.
It’s still going to be a long time till Marx is given an objective position in western society, if ever.
He is not taking a Marxist position. Possibly agreeing with parts of the same analysis as Marx but definitely not the same prescription. Not every criticism of Capitalism is an endorsement of Marxism
He is not taking a Marxist position
Precisely that’s why it’s taken him 80 years longer than Marxists to reach that conclusion.
Not every criticism of Capitalism is an endorsement of Marxism
Which is why non-marxist anti-capitalist movements such as Salvador Allende’s socialism in Chile, or Mosaddegh’s Iran, inevitably fail within a few years due to the lack of understanding of class struggle and the history of capitalism.
I take it you have a Marxist state as a counter example showing it’s superiority and longevity?
USSR lasted much longer than Allende’s project, and Cuba is still ongoing
The question was superiority and longevity. Are you claiming those are both superior states as well?
The USSR and Cuba are much more desirable than the short-lived wannabe socialist regime that led to Pinochet’s dictatorship, yes, how do you not see this?
In other news, meteorologist says the sky is blue.
i hate it when I hear people making the claim that it is capitalism that has helped so many people in the world with better quality of life and more opportunities and better outcomes, etc.
Capitalism is a fucking disease that we need to rid ourselves of, it is worse than Ebola the way it infects our minds with the dumbest shit.
You know what has made lives better for billions of people? The washing machine and the cotton gin and fucking electricity.
Capitalism has fought against progress every step of the way.
Capitalism that is bounded by strong regulations that are consistently and fairly enforced by government (the people) entities isn’t that bad.
It’s when those regulations get watered down or just removed in the name of “freedom” that we get what we have now.
We’re beyond that. Capitalism is a disease.
Any form of capitalism that permits the accumulation of wealth will lead to deregulation and economic collapses with increasing frequency.
In other parts of the world total literacy, universal healthcare and more was made without capitalism.
Capitalism puts greed at the wheel and, naturally,
inventionsproducts are churned out, some really useful, some terrible. To make it work, you need to regulate hard to keep the greed from taking over the innovation.Suffering as a means of production is the heart of capitalism
its not the means, its the product.
Capitalism was nice when it first popped up. Because it was an improvement over feudalism.
Actually, it wasn’t that nice when it first popped up, considering the first capitalist ventures were colonialism (including the conquest of the Aztec and Incan empires and the east Indian tea company that was worse for India than Hitler was for Europe).
But it was relatively nice because before capitalism, most development needed to be done by the king, who had limited funds. Bankers had been building wealth and capitalism allowed them to become new sub kings with their own empires. More empires meant more development, which also means a lot of employment, so it did increase the quality of life for many people as they got paid to improve things around them and new products popped up.
But we’ve since outgrown the whole kings thing for control of a geographic or political region while corporations are still run like dictatorships (with the executive team acting as sub kings for the board, which acts as sub kings for the shareholders, where institutional investors dominate, which just makes the whole thing less transparent because those institutions also have similar command structures).
So while there is some truth to capitalism having had a positive impact, the overall story is more complicated than that (the plunder from colonialism made it look a lot better at a high price in the colonies, and it was a relative improvement to “only the lord of the land can develop it and benefit from that improvement”) and society has generally since rejected that model for running political regions but the economic model has yet to catch up.
The capitalists are resisting that change similarly to how the kings resisted changing from monarchies to republics and have been since around WWI and the fascist regimes of the 20s and 30s were a result of capitalists siding with them to prevent various leftist movements from gaining power.
Colonialism was pursued under the economic theory of mercantilism and capitalist thinkers explicitly separated their ideas from it (among other things by emphasis on the idea that the best kind of wealth is tools instead of gold and as a result the pursuit of wealth can be cooperative instead of zero sum game), but otherwise sure it all looks the same in the end. It’s not like capitalists ever stopped and said “No, don’t invade that country for its natural resources, that goes against our principles of making more money.”
Fucking well put!
So, TL;DR: copy Europe?
This feels like an appeal to authority. He’s an economist, not a political scientist. His Nobel prize was in contributions around screening, which is important but has jack shit to do with fascism. And he’s held some opinions before that were highly controversial to say the least, like advocating for the breakup of the eurozone. Just because he says it and he has a shiny prize doesn’t mean it’s right.
Right, because orthodox economists are so good at listening to what political scientists are saying.
The scholars outside economics have been screaming about it for years.
But it seems it takes one of their own for them to maybe potentially consider the possibility that there might exist some specific corner case in which they might need to ponder the necessity to listen. And even then, economics reductionists will still pretend it’s suspect.
Doesn’t mean he’s wrong either.
I can see many pathways from neolib capitalism to oligarchy to fascism.
I think you may just be anti-intellectual and looking for any hook to discredit the discussion.
Anti-intellectualism is a hallmark of fascism too :)
First, the definition of appeal to authority, since it’s one of the most misunderstood fallacies. Citing someone based on their area of expertise is not appeal to authority. The problem is when you cite the stated opinion of someone, but their area of expertise is not directly relevant to that opinion. I’m a software developer, I could give you an expert opinion on various topics in that area. But outside of topics I am an export on, appeal to authority.
I didn’t say he’s necessarily wrong. But at the same time, he got his Nobel prize by being an economist who made a substantial contribution to economics. He is not an expert on fascism. His expert opinions in economics often run counter to many other credible expert economists, so you should consider those other expert opinions as well and not just listen to the person who tells you want you want to hear. That’s certainly not anti-intellectual.
Experts and intellectuals should absolutely be considered to better understand a subject, but they’re not some infallible oracle of truth. They contradict each other, are often limited by an ivory tower environment, and operating in the same societal context as everyone else.
“People who are barely surviving have extremely limited freedom,” he writes.
"All their time and energy go into earning enough money to pay for groceries, shelter, and transportation to jobs … a good society would do something about the deprivations, or reductions in freedom, for people with low incomes.
Thanks Reagan
*Milton Friedman
And every president since Reagan, including him.