I’m open to other words, but I don’t know what else to call it.
Its whatever killed Sears, a company that was built on the idea of distributing a catalogue and people buying shit from it, and them having it show up at their house. Jesus christ that sounds familiar where the fuck have I heard that before?
Its this idea that making money by taking a functional business and breaking its ability to function is some how “good business”.
Its Horowitz and the take over of Pacific Lumber Company.
Again, I dont know if I can call it neo-liberalism because I dont really know what that means (as in, I’m not sure there is a ‘there’ there).
Whatever it is, its fucking idiotic.
SCB@lemmy.world 1 year ago
Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.
Neoliberals, for instance, were among the first advocates for single-payer healthcare in the US, as they saw the insurance market as generally one large externality ripe with perverse incentives.
The internet started shitting on neoliberalism right about the time Hillary Clinton trounced Bernie Sanders, which they also blamed on neoliberalism.
TropicalDingdong@lemmy.world 1 year ago
Its bigger than that. I dont know if it was clear from how I said it, but there not being a “there” there is that both the word has lost meaning, or that its meaning has broadened to mean something bigger. You should look into some of those references I dropped.
Whatever “this” is, I think neoliberalism is a good word for it (and I do take the broad definition to include the culture behind it).
SCB@lemmy.world 1 year ago
I am literally a neoliberal. I work with neoliberal groups, donate to neoliberal charities, support neoliberal politicians, and even own a hoodie that says “neoliberal and proud.”
Before I got perma’d from Reddit for saying “The only good nazi is a dead nazi,” I regularly posted on /r/neoliberal
I am quite aware of what neoliberalism is.
TropicalDingdong@lemmy.world 1 year ago
Hmm. No.