• TotallynotJessica@lemmy.world
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    13 days ago

    No, neoliberalism is a term created by free market liberals to promote deregulation. It’s an actual ideology that dominated from Reagan until the Great Recession, when its practices began to fall out of favor with the right and left. Trump was the break away from it, explicitly opposing everything to do with liberalism. Biden moved away from it towards the social liberalism of the past, but it was too little, too late.

    One of the “best” ideas from neoliberalism was for economies to become mutually dependent on one another. The idea was to deregulate and remove trade barriers so countries would specialize in what their unregulated economies excelled at. Unfortunately, this deregulation made life worse for the workers, driving them away from liberalism and towards populist alternatives.

    If the country was lucky, socialism would win out over fascism, but the owning class naively thinks that fascism would benefit them more than socialism. They don’t understand that their selfish bullshit rots the foundations of society, ultimately making everything worse for everyone.

    • finitebanjo@lemmy.world
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      13 days ago

      You don’t need a new term for that, they already have “Laissez Faire Capitalists” or even just “Capitalists”.

      Any form of liberalism that leads to decreased rights and opportunities, including ideology of stripping away protections, is by definition no longer liberalism.

      • TotallynotJessica@lemmy.world
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        13 days ago

        Ah, but it supposedly doesn’t lead to decreased rights and opportunities! 😉

        It was really just an excuse for promoting global capitalism, but most liberals sadly bought into it.

        • finitebanjo@lemmy.world
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          13 days ago

          You know why the Laissez Faire Capitalism term fell off so much that you might never have even heard of it? Because hardly anybody exists who actually subscribes to that bullshit. Your supposition that “liberals sadly bought into” it is merely your delusion fueled by propaganda.

      • spujb@lemmy.cafeOP
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        12 days ago

        this is such a silly point to make

        by the same logic, any form of fascism that leads to alienation or othering in the creation of an outgroup against the symbolism of the fasces in unity and collective strength… is by definition no longer fascism

        so silly 😛