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In reply to the discussion: Democratic Socialism [View all]Fiendish Thingy
(20,988 posts)38. Neoliberalism is a failed economic ideology
The neoliberalism of the past 45 years (Reaganomics was the epitome of neoliberalism) dramatically exacerbated income inequality in the US.
Capitalism only works when it is kept on a tight leash; the well-being of the people, not the corporations or the shareholders, must always be the priority, for without a healthy consumer middle class, late stage capitalism will evolve into Facism in order to preserve the wealth of of the very few oligarchs at the top.
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if ya can't succeed with your own beliefs, sink your claws into an available other..... nt
msongs
Tuesday
#1
Capitalism is currently pretty well regulated in the Scandinavian countries
Fiendish Thingy
Tuesday
#9
Since I do not know the workings of European commerce, I will take your word on their successes.
OldBaldy1701E
Wednesday
#45
Most folks don't know the difference between Social Democracy and Democratic Socialism
Fiendish Thingy
Tuesday
#4
Democrats aren't neoliberals, it's a Both Sides insult, "an attempt to win an argument with an epithet."
betsuni
Wednesday
#43
If you are a Social Democrat then you, too, want to temper Capitalism's oppression
thought crime
Wednesday
#56
I see people describing it as economic equality, no understanding of regulated or unregulated capitalism.
betsuni
Wednesday
#39