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.

  • vaguerant@kbin.social
    link
    fedilink
    arrow-up
    5
    ·
    2 years ago

    Can we not bring this energy over from Reddit? You’re arguing with something I didn’t even say. We both agree, neoliberalism is not a left wing ideology. I didn’t say that, the OP didn’t say that, I don’t know who you’re even talking to with that remark.

    What the OP said is that American center-left and center-right parties have both been proponents of neoliberalism. The only part of this that’s remotely controversial is whether it’s accurate to describe any American political parties as “center-left”. From a global perspective, you can easily argue that that’s not accurate. Go for it. From an American perspective, there are parties who are to the left of the (American) center. The Democrats are both center-left from the American perspective and proponents of neoliberalism. To restate: That does not mean that neoliberalism is a center-left or any other kind of leftist ideology. It only means what it says.