One of the discussions that I've had with people online that we did eventually come to an agreement about is that although there is a lot of criticism of neoliberalism, the real problem is that neoliberalism is just used as a tablecloth to hide what is actually increasing strangleholds on everyone and everything.
Just consider the amount of income tax that someone was playing prior to world war I compared to today. The answer was zero in most countries prior to world war I and today someone can be working a fairly mundane blue collar job and lose half of their income before it even lands in their bank account.
Then there's the amount of regulation that we live under. If you want to partake in any endeavor, you essentially need a full-time lawyer or team of lawyers to help you navigate the almost unlimited amount of hidden regulations in this world.
Now you can definitely make an argument that those rules are there for a reason and they are good ones, but what you can't argue legitimately is that those rules somehow represent a loosening of regulations compared to previous generations. Neoliberalism suggests effectively economic libertarianism, getting out of the way and letting the world get on with their business. You aren't doing that when 60% of a country's GDP is just government.
Just consider the amount of income tax that someone was playing prior to world war I compared to today. The answer was zero in most countries prior to world war I and today someone can be working a fairly mundane blue collar job and lose half of their income before it even lands in their bank account.
Then there's the amount of regulation that we live under. If you want to partake in any endeavor, you essentially need a full-time lawyer or team of lawyers to help you navigate the almost unlimited amount of hidden regulations in this world.
Now you can definitely make an argument that those rules are there for a reason and they are good ones, but what you can't argue legitimately is that those rules somehow represent a loosening of regulations compared to previous generations. Neoliberalism suggests effectively economic libertarianism, getting out of the way and letting the world get on with their business. You aren't doing that when 60% of a country's GDP is just government.
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