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> Advocates of neoliberalism and globalization acknowledged these jobs were being destroyed but they figured those people would get jobs doing something else.
by jjoonathan 4y ago
> Advocates of neoliberalism and globalization acknowledged these jobs were being destroyed but they figured those people would get jobs doing something else.
No, they know exactly what they are doing, they just don't want to be held responsible for
> people... committing suicide in record high numbers. Drugs like fentonyl numb the pain of a dreary existence
because if they are held responsible for both problems and profits, rather than just profits, their entire hustle falls apart.
- connor11528 4y agoYa I'm not sure we ever need to hold profit motivated companies responsible for social or democratic goals but I do think we need to provide a legal and regulatory framework that protects or advances democratic and social goals. Regulation is needed to preserve economic freedom, otherwise free markets turn into markets dominated by monopolies.
- jjoonathan 4y agoNormally I would agree, but our current political landscape is failing miserably at this goal, and it's failing due to the efforts of fair-weather proponents of responsibility. If you try to regulate, you'll get "we built this" type rhetoric, and the response is "yeah, but you caused that." We have to win this battle before we can do it right.