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We switched close but stifling social networks for a capitalist safety net that offered modern life choices. Now we don’t have either

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[-] reddig33@lemmy.world 23 points 1 year ago* (last edited 1 year ago)

So confused by the use of “liberal economics” here. Was Brexit liberalism? Is privatizing NHS liberalism? In the US, that would be the conservative wing, not liberal.

[-] xMadwood@lemm.ee 17 points 1 year ago

“Liberal” is defined differently in the context of economics vs politics. It doesn’t mean “economics that political liberals support”.

[-] skhayfa@lemmy.world 11 points 1 year ago

The author is British. Liberalism in its theoretical aspects autonomy, equality of opportunity, freedom of choice, protection of individual rights is a wonderful promise. But the author argue that in our unchecked capitalist environment it's just a pipe dream which leaves individual vulnerable and exposed to exploitation.

[-] Poob@lemmy.ca 8 points 1 year ago

It's only confusing because of America. Liberalism is basically the political ideology of capitalism.

[-] floofloof@lemmy.ca 5 points 1 year ago* (last edited 1 year ago)

https://en.wikipedia.org/wiki/Liberalism

Liberalism is not what people in the USA understand by the word (i.e. anything left of pretty far right). If you hang out with socialists you'll find they're not fond of liberals, because liberals are capitalists. This meaning of the word is why the most damaging, ultra-capitalist, right-wing economic policies of the past 50 years are known as neoliberalism.

[-] grue@lemmy.world 4 points 1 year ago

Was Brexit liberalism?

No.

Is privatizing NHS liberalism?

Yes.

Economic liberalism is about free markets and globalization. Privatization fits with that; protectionism doesn't.

this post was submitted on 24 Jul 2023
105 points (88.9% liked)

Work Reform

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