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Obligatory pointer to how libertarians were defeated by bears [1]. Libertarians and neoliberals at this point are essentially indistinguishable. Neoliberalism
by jmyeet 3y ago
Obligatory pointer to how libertarians were defeated by bears [1].
Libertarians and neoliberals at this point are essentially indistinguishable. Neoliberalism is just a thinly-veiled wealth transfer to the already-rich through deregulation and tax cuts, masquerading as "market-based reforms" at the altar of the "free market". The "free market" itself is a myth because a well-functioning market requires strong government. It requires regulation.
So when you see something like regulatory capture, which is a real problem, and companies bypassing the very regulation that limits their excesses and thinking the solution is less regulation. It's nonsencial.
[1]: https://www.vox.com/policy-and-politics/21534416/free-state-project-new-hampshire-libertarians-matthew-hongoltz-hetling https://www.vox.com/policy-and-politics/21534416/free-state-...