• @Steve@communick.news
    link
    fedilink
    English
    3
    edit-2
    8 months ago

    When you say “neolib” are you referring the Neoliberal economic philosophy, or some slang term for modern political liberals?

    I ask because Neoliberal Economics is all about this profit, and share holders first, type values. This is in contrast to the post Great Depression, Classical Economics philosophy where companies valued employees first, and shareholders last.

    • @Ensign_Crab@lemmy.world
      link
      fedilink
      English
      48 months ago

      I ask because Neoliberal Economics is all about this profit, and share holders first, type values.

      Sounds exactly like modern political liberals to me.

      • @Steve@communick.news
        link
        fedilink
        English
        3
        edit-2
        8 months ago

        Really?

        Most Democrat Politicians today certainly are on board. But they were late to buy in. The Republicans actually introduced Neoliberal Economics into politics, chiefly with Ronald Regan.

        Today it’s mostly the liberal side of the Democratic Party that introduces legislation to curb all the excesses of Neoliberal Economics.