#postneoliberalism — Public Fediverse posts

"What was promised by some on the post-neoliberal right was a return to the interests of workers, understood as wages and benefits generous enough to re-fix the social anchor of the male-breadwinner trad-family in the disorienting slurry of modern life. What has happened so far is a mockery of that promise. In practice, the MAGA-right version of post-neoliberalism has done nothing to realize the supposed values of community, place, dignity of labor, or any of the other fanciful terms proposed by the administration’s economist at the event. Instead, it has produced extraordinarily high levels of corruption and self-dealing; bilateral deals with overseas investors to privatize profits; and the inevitable prospect of future federal backstops for colossal investments by a small number of technology firms, with at best residual effects for the portion of the population not left behind by globalization—those positioned to profit via rising stock prices with fingers double-crossed that the bubble does not burst in the near future."

https://lpeproject.org/blog/post-neoliberalism-is-the-new-centrism/

#Neoliberalism #PoliticalEeconomy #PostNeoliberalism #EconomicNationalism