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Neoliberalism

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I hear this word thrown around a lot, but what does it mean actually? Is it good or nah? Is it on the decline?
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As far as I understand its basically just libertarians with more center left views rather than the usual center right. Ive known a few and honestly not bad people. Not leftist to the point of militant retards but still libertarian enough to generally not give a shit.
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>>2243439
It's buzzword used by leftists.

It basically means you are capitalist who doesn't care about enviromnent, workers rights and ethical aspects of economy in general. Only thing you care about is profit for big corporations.
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It's neo-classical liberalism, basically dudes from the Chicago school who finally got their big break and ruined all of our futures because they believed in memes.

Enjoy handing over your money to oligarchs - the free market will fix everything in due time once everyone's living standards are equally shitty.
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>>2243439
>small government opposed to the left's taste for bureaucrats armies
>low tax rates opposed to the left's taste for massive welfare programs funded with taxes
>few government regulations for business opposed to the left's crave for myriads of bureaucrats asking entrepeneurs for government procedures in order to get permits so they can operate
that's neoliberalism: libertarianism with good sense
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it often gets used in a more international trade contexthe, meaning policies that seek to remove barriers to free trade. Some international institutions such as the IMF are basically founded on those principles, making removal of tariffs and other trade restrictions conditions of international aid. Politicians and parties such as the Republican party in the United States under both Bushes were often described as neoliberal, but in the international sense it's really just as true of Clinton-style Democrats.
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It's a vague term used to describe left-leaning libertarians, basically. People who still hold to classical liberal beliefs but who also embrace free market capitalism. Neoliberals see free market capitalism as a natural extension of liberal values, which champion liberty and equality, by having those values applied to economics.
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>>2243485
It's called 'neoliberalism' because of its similarity to the original Liberal movement's goals in 19th century England of promoting free trade and doing away with 17th century and earlier mercantilist tariffs and laws, as part of a general push for greater personal liberty and "rational" minimalist government.

At least in a U.S. context, this often confused laymen, because classical liberalism has been such a root of American society since it's founding that it today is seen as a "conservative" position, whereas what is popularly known as liberalism here is really more of a democratic socialism. Also, many "neoliberal" politicians who are all for removing "arbitrary" restrictions internationally or on capitalism genrally domestically are often social conservatives and military adventurists, so they can be a bit incoherent.
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>>2243439
>I hear this word thrown around a lot, but what does it mean actually?
It's the new alias for colonialism/imperialism/capitalism. It's the thing we need to have a revolution and overthrow. That's all you need to know.
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>>2243520
That's nice sounding, but a lie. It's called neoliberalism because butthurt Latin American socialists were economic illiterates that confused neoliberalism of the time (now termed ordoliberalism) with the policies eventually adopted by Pinochet under the advice of the Chicago boys.
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>>2243485
while neoliberalism has its proponents, who claim that free trade better allows the economy of poor countries to grow without restrictions (where even minor burdens can cripple key early growth) it's often criticized for exploiting both industrial workers in developed countries who see their jobs outsourced (see Trump’s whole campaign, which represents a staggering move away from neoliberalism for the Republicans) and third world countries as a whole, who can't develop local industry without protection and become banana republics.
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>>2243520
it's worth mentioning that the wild popularity of 'liberal' free trade in 19th century and pushes for the removal of tariffs in all countries in Britain 'coincidentally' came right when Britain as the first industrializer was at a natural trade advantage to all trading partners.
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>>2243536
>because butthurt Latin American socialists were economic illiterates
and keep being
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A meme. There is no "neoliberalism". There is only the very basic economic principle of buying cheap oranges from Mexico instead of trying to grow them in Canada and those who want to spook voters into believing otherwise for various reasons.

Currency is a good example. Many conspiracy theorists talk about currency manipulation but ironically the politicians who squawk "NEOLIBERALISM, NEOCOLONIALISM, NEOIMPERIALISM" are often trying to manipulate their own currencies at the expense of their own citizens. A peso could be worth 7 cents on the open market while the government is trying to get people to pay 10 cents. It is silly and doesn't work for long.

http://www.economist.com/news/americas/21684487-floating-currency-government-has-moved-step-closer-normalising-troubled

Evil corporations trying to corner markets in small countries are an issue, I guess, but this is unrelated to "neoliberalism". If a country cut off trade they would not have to worry about it, but that is kind of like cutting off a leg because you stubbed your toe. Also the freer the trade the more competent small and medium sized businesses there will be raring to undercut the cartel.
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>>2243522
>colonialism/imperialism/capitalism
kek
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>>2243439
"Neoliberalism (neo-liberalism) refers primarily to the 20th century resurgence of 19th century ideas associated with laissez-faire economic liberalism. These include extensive economic liberalization policies such as privatization, fiscal austerity, deregulation, free trade, and reductions in government spending in order to increase the role of the private sector in the economy and society."

Whether or not you consider this good depends entirely on your political beliefs. There is some backlash in free trade, but in the grand scheme of things it won't be going away any time soon.
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