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Neoliberalism is a word that is used to describe policymakers who seem ignorant of the fact that indiscriminately resorting to "market forces" often leads to un
by CPLX 8y ago
Neoliberalism is a word that is used to describe policymakers who seem ignorant of the fact that indiscriminately resorting to "market forces" often leads to undesirable outcomes.
- rmah 8y agoThey're not ignorant of it, they simply don't care. They don't care because the public good is not, never has been, and never will be, the primary goal of politicians and bureaucrats. They spout "economics" rhetoric to support the policies they want because it helps garner support from certain sectors of society. They only do that because, in a representative democratic system, they need to maintain support else they will lose the power to do what they want. So the solution should be obvious (which doesn't imply that it's easy).
- skybrian 8y agoOkay, what's an example?
- CPLX 8y agoAttempting to reform national health care but thinking it's possible to preserve for profit health insurance companies as part of the mix.
- skybrian 8y agoYou mean like in Switzerland? [1] I think the mistake here is being overconfident. Most of us (including me) don't know much about heath care economics. [1] https://en.m.wikipedia.org/wiki/Healthcare_in_Switzerland https://en.m.wikipedia.org/wiki/Healthcare_in_Switzerland
- CPLX 8y agoNo, I live in the United States, where health insurance companies are basically a giant bloodsucking leach affixed to a large chunk of the economy. We're also not nearly as good at trains and making watches.