Chuck Darwin on Nostr: #Neoliberalism combines free trade, low taxes, and an end to the power of unions. ...
#Neoliberalism
combines free trade, low taxes, and an end to the power of unions.
Neoliberals typically also embrace open borders, as in the world’s most complete neoliberal experiment that’s called the European Union
(which is also in trouble now).
The result of #Reagan’s version of neoliberalism has been that good jobs (over 20 million of them) and even entire factories (over 15,000 of them) moved to low-wage countries,
unions were destroyed,
and wealth exploded at the top while the middle class shrank into near poverty.
In the 2016 primaries, Donald Trump and Bernie Sanders were the first two candidates for either of the two major parties to call for an end to neoliberalism.
Americans were enchanted by both.
It’s why people from Joe Rogan to Howard Stern were endorsing Bernie Sanders,
and blue-collar workers across the country were taking Trump seriously.
#Bernie’s call to end neoliberalism was complete:
End the offshoring and bring jobs back,
pass Card Check to reinvigorate unions,
and raise taxes on the morbidly rich and profitable corporations.
#Trump’s call was only partial;
while he embraced bringing our jobs and factories back to America,
he wanted to keep the neoliberal “reforms” of low taxes on billionaires
and an end to union representation.
(He went so far as to publicly congratulate Elon Musk on his union-busting/union-preventing activities.)
Sadly, the elders of the Democratic Party had already decided that Hillary Clinton was going to inherit her husband’s neoliberal dynasty so,
⭐️when voters were confronted with Clinton’s defense of neoliberalism versus Trump’s partial attack on it,
they chose the latter.
Something’s better than nothing, they seemed to think.
https://hartmannreport.com/p/left-behind-how-neoliberalisms-legacy-5f0
combines free trade, low taxes, and an end to the power of unions.
Neoliberals typically also embrace open borders, as in the world’s most complete neoliberal experiment that’s called the European Union
(which is also in trouble now).
The result of #Reagan’s version of neoliberalism has been that good jobs (over 20 million of them) and even entire factories (over 15,000 of them) moved to low-wage countries,
unions were destroyed,
and wealth exploded at the top while the middle class shrank into near poverty.
In the 2016 primaries, Donald Trump and Bernie Sanders were the first two candidates for either of the two major parties to call for an end to neoliberalism.
Americans were enchanted by both.
It’s why people from Joe Rogan to Howard Stern were endorsing Bernie Sanders,
and blue-collar workers across the country were taking Trump seriously.
#Bernie’s call to end neoliberalism was complete:
End the offshoring and bring jobs back,
pass Card Check to reinvigorate unions,
and raise taxes on the morbidly rich and profitable corporations.
#Trump’s call was only partial;
while he embraced bringing our jobs and factories back to America,
he wanted to keep the neoliberal “reforms” of low taxes on billionaires
and an end to union representation.
(He went so far as to publicly congratulate Elon Musk on his union-busting/union-preventing activities.)
Sadly, the elders of the Democratic Party had already decided that Hillary Clinton was going to inherit her husband’s neoliberal dynasty so,
⭐️when voters were confronted with Clinton’s defense of neoliberalism versus Trump’s partial attack on it,
they chose the latter.
Something’s better than nothing, they seemed to think.
https://hartmannreport.com/p/left-behind-how-neoliberalisms-legacy-5f0