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.

  • zombuey@lemmy.world
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    1 year ago

    We have two organizations that peddle in power. The GOP and The DNC. They are private “non-profit” companies. They have employees and everything and they are free to do whatever is needed to push the candidate they think will best serve their needs first. They both sell that power to clients. These days those clients are more direct and they collect through campaign donations, job guarantees, speaking fees, consulting contracts through families, trade deals, stock tips, family opportunities, Since Citizen’s United PAC money, and sometimes but rarely nowadays direct pay offs. The corruption is right in the open the difference between here and elsewhere is its all perfectly legal.

    • The Snark Urge@lemmy.world
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      1 year ago

      You’re not wrong, but I’d warn against any false equivalency here. It’s a pretty simple ethical dilemma and the least we can do is minimize the harm being done by the system with our votes.

      • zombuey@lemmy.world
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        1 year ago

        I wasn’t comparing them at all. If one or the others interest happen to better align with yours then thats a happy coincidence. For all but 1% of Americans the DNC will better align with their interests and covers a far more diverse group of interests. Just don’t confuse that with your interests being priority for them outside of their need for your support.

        • The Snark Urge@lemmy.world
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          1 year ago

          Just elaborating on your point, not disagreeing at all. One can be better while both are shamefully lacking in many structural ways.