Is neo-liberalism the best system for the global economy?
this grew out of an old thread here
Shit. Old thread died before I could link this up.
I'll get us started.
IMO, neo-liberalism (the persuit of privatisation and deregulation) is pushing the world into an age where the gap between rich and poor is bigger than ever and by design can only grow.
In support of this I offer that since the 70s, the amount of foreign ownership of British companies has grown from under 10% to almost 50%. CEOs now make hundreds of times what their employers do, compared to ten to 20 times and those at the top want more for themselves with fewer social responsibilities.
While neoliberalism may have breathed life into a slowing economy in the 70s, I think it has gone too far and now poses a threat to us all, regardless of how settled you may think you are.
you're a commie faggot and need to fuck off
Although some say it inevitably leads to global destruction of the environment.
It is a legitimate question whether or not you want a global economy anyway, or rather have small local ethnostate economies based more or culture, community and tradition rather than everything being about the economy
>think about the automation the world has already gone through since the dawn of time. Think, really mull over all the inventions we use that made modern living possible. in the 1800's, 90% of world population worked in agriculture, now it's less than 1% in modern countries. Did the 89% of people in modern countires who lost their jobs in agrilculture die? Think about that there are some things which are seen, and some that are unseen.
The welfare state came into being at the turn of the 20th century. What neo-liberals want is to roll back this welfare state, as in remove the safety net for those who can't work or find a job. Also, back in the day one wage would tend to provide for family and workhouses were still an option. With automation there are no more workhouses. With our rocketing population, land is at a premium meaning people can't even live of the land.
>pic unrelated. please come back guys
lel. I knew the moment that OP used the word neoliberalism instead of something else that some ignorant retard would come in and think he was talking about leftist policies.
No real excuse for the second post though, as he clearly says privitization and deregulation.
you're a retard.
Funny. Thatcher, a neo-liberal icon once said something to the effect of 'I will not sell the queens head' (referring to the privatisation of the royal mail). Our current government has done just that. Does this make thatcher a commie? Or has neo-liberalism gone too far?
Personally I don't like the globalised economy. Things like TPP are going to further remove jobs from the west to east. Those at the top of the food chain have no allegiance to nations so even countries who're doing well at the minute could have the rug pulled out from under them.
I've nothing against individualism but neo-liberalism today seems to be an excuse for greed. What the fuck happened to decency?
I've also got an issue with the commitment to growth at all costs. We live on a single planet with finite resources and economic growth appears to boil down to increasing demand ie. an ever increasing population.