3 ms·
Agreed. Not to delve too deep into this, but Clinton was the first Neoliberal POTUS, and set the tone for things to come. In a way, we are all victims of his s
by tristor 4y ago
Agreed. Not to delve too deep into this, but Clinton was the first Neoliberal POTUS, and set the tone for things to come. In a way, we are all victims of his success, as it was obvious globalist neoliberalism had benefits for all sides of the table, except labor. Here we are several decades later, and we're just now starting to see the impacts of taking it too far (JIT supply chains contracting and screwing the entire economy).
- robonerd 4y agoIn my view the best arguments for neoliberal globalism were international trade making things cheaper and making wars impossible. Except by now it should be obvious that efficient international trade is a race to the bottom which creates fragile supply chains that crumble when stressed and force free workers in liberal countries to compete with slave labor in autocratic countries. And it hasn't stopped war either, but rather made free nations more reticent to oppose wars started by their vital but belligerent trading partners.