this post was submitted on 08 Sep 2023
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TrueNeoLiberal

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Neoliberalism refers to the resurgence of free market ideas that characterized classical liberalism in the 19th century. It is based on the idea of economic freedom and limited government involvement in economic interactions between individuals.

Neoliberalism is very similar to classical liberalism. Both ideologies believe in privatization, deregulation, globalization, free trade, and limited government. However, neoliberalism differs in two key aspects. First of all, the idea covers the belief that monetary policy should be governed by a central bank. That means the central bank can decide how much money is in circulation and at what the interest rates should be.

Second of all, the idea covers the belief that the private charity is no longer sufficient to support the poor. It is therefore believed that government welfare is necessary, although in a far more limited amount than we see present today.

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[–] NocturnalMorning 6 points 1 year ago (1 children)

It is actually, we just haven't seen the full effect of climate change yet. But don't worry, we'll run put of oil in 40-50 years and we'll be right back in the stone age again

[–] [email protected] 1 points 1 year ago

We won't be in the stone age, we have many other viable sources of energy. But there will be a big, extremely uncomfortable crunch when it happens, and of course we'll be struggling with climate change at the same time

[–] Beekeeper_Dan 1 points 1 year ago

How about the people in regular poverty?

[–] MindSkipperBro12 0 points 1 year ago

Ignore the fact that global hunger has been rising since 2014😳