this post was submitted on 10 May 2025
955 points (98.8% liked)
Late Stage Capitalism
1725 readers
168 users here now
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc.
founded 8 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Neoliberalism is very specifically a breed of political thought that came about with the likes of Margaret Thatcher and Jimmy Carter that seeks to create new markets out of previously held government bodies in the name of austerity or protectionist principles and cuts help for disadvantaged people. Think privatization of government service, liquidation of government assets under the guise of saving taxpayer money, removing restrictions/protections on the consumer market and manufacturing sector and dissolving the welfare state or services that soften the blow of being unemployed or unable to work.
Neoliberalism is often used by people on the right to describe the "Progressivish Liberal identifying party of the hour" but it is inaccurate. While Democrats flirt with Neoliberalism under the guise of courting people who like tax cuts Republicans are straight up Neoliberals. Basically old school liberalism believes in a body of rights, a reasonably unrestricted market and a democratic system of governance. Neoliberalism believes first and foremost the market will sort everything out (or is a scam so that people in government can sell it off peicemeal for personal kickbacks.)
Neoliberalism is incompatible and kind of the exact opposite of socialism which seeks to expand sectors of public protections and publicly held wealth.