Why YSK: I’ve noticed in recent years more people using “neoliberal” to mean “Democrat/Labor/Social Democrat politicians I don’t like”. This confusion arises from the different meanings “liberal” has in American politics and further muddies the waters.

Neoliberalism came to the fore during the 80’s under Reagan and Thatcher and have continued mostly uninterrupted since. Clinton, both Bushs, Obama, Blair, Brown, Cameron, Johnson, and many other world leaders and national parties support neoliberal policies, despite their nominal opposition to one another at the ballot box.

It is important that people understand how neoliberalism has reshaped the world economy in the past four decades, especially people who are too young to remember what things were like before. Deregulation and privatization were touted as cost-saving measures, but the practical effect for most people is that many aspects of our lives are now run by corporations who (by law!) put profits above all else. Neoliberalism has hollowed out national economies by allowing the offshoring of general labor jobs from developed countries.

In the 80’s and 90’s there was an “anti-globalization” movement of the left that sought to oppose these changes. The consequences they warned of have come to pass. Sadly, most organized opposition to neoliberal policies these days comes from the right. Both Trump and the Brexit campaign were premised on reinvigorating national economies. Naturally, both failed, in part because they had no cohesive plan or understanding that they were going against 40 years of precedent.

So, yes, establishment Democrats are neoliberals, but so are most Republicans.

    • Ronno@kbin.social
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      1 year ago

      Yeah agreed. Last elections I wasn’t really sure what to vote on anymore, the political landscape is becoming to extreme for my taste. There are virtually no center parties anymore, especially when you exclude the religious related parties. With the recent election and the debates, the media is also trying to create a left versus right, which is a very strange thing to do in our system.

      In the end, it would be nice to just have a government that cares about its people and future, they have made way too many mistakes over the past decade, mistakes that were avoidable if only they had listened. Cases in point: reversing the student grant system, pushing important government tasks to local governments (while reducing their budget) and the whole childcare debacle. Literally for all of these f*ups, the government was warned by experts…