4 ms·
1.1 - Correct 1.2 - Why? 2 - The New Deal's Capital's accommodation to Labor was to share the boon of increasing productivity (surplus). Neoliberalism (Reagan
by specialist 6y ago
1.1 - Correct
1.2 - Why?
2 - The New Deal's Capital's accommodation to Labor was to share the boon of increasing productivity (surplus). Neoliberalism (Reaganonmics) ended that foolishness.
3 - CEO compensation is merit based?
4.1 - aka Glut of labor.
4.2 - I'm curious what our future leaders will do to remedy today's glut of capital, the by product of decades of labor glut without the benefit of appropriate profit sharing.
- atlgator 6y ago4.1 - Glut of labor, but combined with outsourcing to lower cost of living nations/cities/etc.
- specialist 6y agoYes, and: Migrating operations to immature jurisdictions more willing to eat the externalities.
- 1cvmask 6y agoNeoliberalism (and original neoconservative movement) was started by Jimmy Carter. https://zacharytoillion.medium.com/how-neoliberalism-destroyed-the-democratic-party-ee99be30323a https://zacharytoillion.medium.com/how-neoliberalism-destroy...
- specialist 6y agoBut Reagan gets the credit. And Gov Reagan and others had agency too. "Reaganomics" is just short hand for when that agenda became the dominate policy.