That's what happens when you let the capitalist class run the show... on thing they care about are their profits. Building a prosperous society for all? That ain't their game.
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Edit to add: Ah fuck nothing: All those decision makers made off with the bag.
Bush Sr. and Jr. are breathing a sign of relief!
Achievements of Neoliberalism is what you mean.
which is just late stage liberalism
Even if that's the case (I'm not sure it is), it doesn't make them the same thing.
It's not like there is a law of nature that says Social Liberalism can't make a comeback.
It's the evolution of a social system guided by the same set of rules. There is actually a very good reason why social liberalism can't make a comeback. The dynamic of liberalism that champions private ownership leads to capital accumulation in the hands of the small capital owning minority. As the system continues to function you hit a point where the oligarchs have disproportionate power in society leading to the transition into neoliberalism that we're living under now.
Social Liberalism came about as a response to Classical Liberalism creating the same oligarchic problem you just described.
If it happened once, it could happen again.
I don't know if it will, but its certainly possible.
Things don't just happen randomly, systems evolve according to the rules society agrees on. In order for things to change, an iconoclasm has to happen first. Then a new set of rules will be created, and that will no longer be liberalism because that's the ideology that will be cast aside in the process.
You keep saying Liberalism as if its only one thing. I've already mentioned three economic philosophies, each creating their own new set of rules. I'm honestly not sure we're talking about the same thing.
The context of discussion was whether the current stage of neoliberalism can revert back to some other form. And my point is that there is no path back within the liberal framework. A different economic philosophy that will succeed neoliberalism will not be based on the idea of private ownership.
Now I understand. And I just don't see that as inevitable.
Private ownership is too important to people individually. Without it, we don't even have any reason to expect any anything from our labor, since we can't be said to own even that. There isn't much room left for personal autonomy, if we don't have defacto ownership of our bodies, minds, and effort.
It would require some post-scarcity Star Trek technology to make our labor obsolete. Functionally infinite energy and matter replicators. The technological components would have to be in place, before the social changes become feasible.
There's a difference between private ownership and personal ownership. For example, in Marxism, personal property is very much respected. Nobody is coming after your toothbrush or your house. What's meant by private property is owning enterprises that employ other people to work for you. This is replaced by cooperative ownership where workers own the business collectively.
That may be an option then.
Still not convinced it's only way from here, or even the best way. It would depend entirely on the details.
There may be other ways forward, but it's the one way that's known to work in practice.
The difference is a lot like Nazis and Neo-Nazis.
I don't know
But you must understand, this is just a lightly veiled anti "liberal" shill post ;)
40 years later: ~~Ah fuck,~~ America’s Billionaires Are Now Richer Than Half the Population Combined — a Lot Richer
China is the politics of capitalists and China is capitalizing, no?
China is lib
when you're a victim of US education system and think trade = capitalism 😂
I do this bit where whenever somebody calls China capitalist in a negative way, I ask if they're a Maoist, because that is the ultraleft, Maoist perspective, that China succumbed to right deviation and should've stayed the course with Mao's policies. But I've never gotten an actual answer from anyone and now it's started to evolve from being a bit to genuine curiosity. Like, if Deng's reforms were too far right that you denounce them as capitalist, then does that mean your ideal economic system is somewhere in between the policies of Mao and Deng?
What is that ideology you're all following to arrive at that conclusion?