They Have Owned Up - Neoliberalism Actually Exists!



Notachipanoaktree

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Neoliberalism, the absurd idea of economic government based solely on the market and its ability to self-regulate.

Conspiracy is not suspected but Bullying, Cowardice, and Corruption are clearly in evidence.
 

Notachipanoaktree

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Neoliberalism, the idea that swallowed the world actually does exist, you know! And it hasn't gone away, you know!

https://www.theguardian.com/news/20...that-changed-the-world?CMP=Share_iOSApp_Other

Quote -

Last summer, researchers at the International Monetary Fund settled a long and bitter debate over “neoliberalism”: they admitted it exists.

The great and the good finally admitting that Neo-Liberalism actually exists is a bit like, as happened, the guards denying for years that they conducted morning drunk driving checkpoints and then hocus pocus owning up that they do in fact carry them out! Except of course, the guards in that case were doing the right thing in the first place.

Good aul neo-liberals, who have looked at the world and come to the conclusion that the only way to continue the insatiable greed and mantra of the everlasting at least 4% return on investment is to gouge to the last, every drop, they can from regular folk and transfer as far as possible the taxation burden from those who can well afford to pay for it to everyone else, including those who can't!
And of course grab all natural resources they can!

It would definitely make you wonder why the ordinary plebs voted for Brexit and why people here didn't lie down and immediately acquiesce to the notion that with the H2O tax, a working class family would have to take a child aside and warn them about how often they flush the toilet! Water is of course more essential than even food or electricity!

And what's austerity about? It's literally the closest thing, a Government in the Western World can realistically come to committing an act of mass extermination against its own population! Unfortunately for them, the notion of packing people onto cattle trucks and forcing them into extermination camps isn't viable any more!

The notion that these scum can retire early on vast pensions paid for on everybody else's backs. when the rest of us are forced to go on to 70 plus is beyond obscene and of course many regular folk will be lost long before that due primarily to the stress and their reaction to the stress of their lives!
Now then. Names and addresses, please.

The Halifax Gibbet awaits. Not one tear, no matter what name, age, sex.
What goes around, comes around. It's been a long time coming.
 

ShinnerBot No.32564844524

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A strange reaction to Trump, but now the neolibs(V. Pro. Hillary!) are out in the open and seeking to prolong their destruction of the middle classes post war wealth in Europe and America.

https://www.reddit.com/r/neoliberal/

You'll note how all warm and fuzzy it is, they only mean the best for us all....honest!

But anyone who knows modern South American History, Who Milton Friedman is, What the Chicago School of economics is, and the weird Greenspan/Ayn Rand love triangle actually existed, knows enough to know that thanks to our dear neo-libs while worker productivity has gone up, worker income adjusted wage inflation has been stagnating since the 70's in the US at least.

Neo-libs are the henchmen of the right, people who politicize, dilute and destroy the value of Economics as a science, and best of all.....the really best part....the gormless morons of the center right parties such as FF/FG who just go along with it all not understanding a whit about Macroeconomics, Monetary Policy, Bank Controls etc...etc...just nodding their heads and pretending they understand the big words.

What was the name of yer one....hatmaker wasn't it...that Bertie put on the board of the central bank?
 

Man or Mouse

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A strange reaction to Trump, but now the neolibs(V. Pro. Hillary!) are out in the open and seeking to prolong their destruction of the middle classes post war wealth in Europe and America.

https://www.reddit.com/r/neoliberal/

You'll note how all warm and fuzzy it is, they only mean the best for us all....honest!

But anyone who knows modern South American History, Who Milton Friedman is, What the Chicago School of economics is, and the weird Greenspan/Ayn Rand love triangle actually existed, knows enough to know that thanks to our dear neo-libs while worker productivity has gone up, worker income adjusted wage inflation has been stagnating since the 70's in the US at least.

Neo-libs are the henchmen of the right, people who politicize, dilute and destroy the value of Economics as a science, and best of all.....the really best part....the gormless morons of the center right parties such as FF/FG who just go along with it all not understanding a whit about Macroeconomics, Monetary Policy, Bank Controls etc...etc...just nodding their heads and pretending they understand the big words.

What was the name of yer one....hatmaker wasn't it...that Bertie put on the board of the central bank?
That is actually a very good description of them. Now tell us where SF are any different because I for one cannot see it.

Don't know about the hatmaker, but Neary was the worst appointment ever, especially selected to turn a blind eye.

Might it be this wan?

Mary O'Dea

The consumer director of the Financial Regulator was responsible for the "I don't know what a tracker mortgage is" ads of the naughties. She joined the board in mid 2008 and took over as acting chief executive following Neary's exit. She subsequently landed the plum job in the IMF and World Bank.
 

eoghanacht

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Another misuse of a meaningless term.
Yeah, it's just unfettered Capitalism.

In order for something to be "neo" surely there has to be a cut off point?
 

JimmyFoley

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A strange reaction to Trump, but now the neolibs(V. Pro. Hillary!) are out in the open and seeking to prolong their destruction of the middle classes post war wealth in Europe and America.

https://www.reddit.com/r/neoliberal/

You'll note how all warm and fuzzy it is, they only mean the best for us all....honest!

But anyone who knows modern South American History, Who Milton Friedman is, What the Chicago School of economics is, and the weird Greenspan/Ayn Rand love triangle actually existed, knows enough to know that thanks to our dear neo-libs while worker productivity has gone up, worker income adjusted wage inflation has been stagnating since the 70's in the US at least.

Neo-libs are the henchmen of the right, people who politicize, dilute and destroy the value of Economics as a science, and best of all.....the really best part....the gormless morons of the center right parties such as FF/FG who just go along with it all not understanding a whit about Macroeconomics, Monetary Policy, Bank Controls etc...etc...just nodding their heads and pretending they understand the big words.

What was the name of yer one....hatmaker wasn't it...that Bertie put on the board of the central bank?
Workers' income hasn't been 'stagnating' since the 70s.

The Left and the insular Right have pushed this lie so hard that it has been accepted by a great number of people who never bother to look at the evidence . It's nonsense.
 

diaspora-mick

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Workers' income hasn't been 'stagnating' since the 70s.

The Left and the insular Right have pushed this lie so hard that it has been accepted by a great number of people who never bother to look at the evidence . It's nonsense.
Well when you look at the evidence from the US you see this:
"Figure 3
When it comes to the pace of annual pay increases, the top 1% wage grew 138% since 1979, while wages for the bottom 90% grew 15% Cumulative change in real annual wages, by wage group, 1979–2013"
Wage Stagnation in Nine Charts | Economic Policy Institute

You could say technically that there has been no "stagnation" in absolute terms.
On the other hand, the figures reveal very disparate levels of wage growth with minimal increases at the lower end of the scale.
So in relative terms it could be described as "stagnation".
 

ShinnerBot No.32564844524

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Now tell us where SF are any different because I for one cannot see it.
Policy development, in a way the extra criticality surrounding SF has worked to our advantage in one way, when you have to go that step further to ensure what you're putting out there is correct and sufficient to withstand review, you do go the extra mile. SF enjoy the extra bit of researching because in fairness so often you find that the competition have barely bothered to brief themselves on what it is they are proposing, it's an easily earned advantage that makes you better. FG are lucky in that they have the CS and departments to do a lot of the heavy lifting, but as yon Paddy D'oh Donuvfan has shown, not even the backing of the state can hide the stupidity in certain cases.
 

JimmyFoley

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Well when you look at the evidence from the US you see this:
"Figure 3
When it comes to the pace of annual pay increases, the top 1% wage grew 138% since 1979, while wages for the bottom 90% grew 15% Cumulative change in real annual wages, by wage group, 1979–2013"
Wage Stagnation in Nine Charts | Economic Policy Institute

You could say technically that there has been no "stagnation" in absolute terms.
On the other hand, the figures reveal very disparate levels of wage growth with minimal increases at the lower end of the scale.
So in relative terms it could be described as "stagnation".
Not only has there been no 'stagnation' in absolute terms (why did lefties start using 'households' as the measure, do you think?), the propagandists also completely ignore state payments and the increased purchasing power of the worker, the latter directly attributable to the trade done with those dastardly Asians and other poorer blocs.
 

Man or Mouse

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Policy development, in a way the extra criticality surrounding SF has worked to our advantage in one way, when you have to go that step further to ensure what you're putting out there is correct and sufficient to withstand review, you do go the extra mile. SF enjoy the extra bit of researching because in fairness so often you find that the competition have barely bothered to brief themselves on what it is they are proposing, it's an easily earned advantage that makes you better. FG are lucky in that they have the CS and departments to do a lot of the heavy lifting, but as yon Paddy D'oh Donuvfan has shown, not even the backing of the state can hide the stupidity in certain cases.
Perhaps, but at surface level, I only see SF competing with tweedledum and tweedledee in a kind of bidding war to be more dum or dee. Those two are the cause of us being where we are because there is no difference between them and they have to kind of outbid each other to gain electoral advantage, so, to hell with responsible well thought out long term goals. As a result, the country suffers.

The most recent example of gross populism winning out over common sense was water charges. The gov't should have had the balls to stick with the programme and to hell with Mehole. They'd have earned a lot more respect than in capitulating.
 

Dimples 77

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Another misuse of a meaningless term.
Sociologists Block and Somers claim there is a dispute over what to call the influence of free market ideas which have been used to justify the retrenchment of New Deal programs and policies over the last thirty years: neoliberalism, laissez-faire or "free market ideology."

Others, such as Braedley and Luxton, assert that neoliberalism is a political philosophy which seeks to "liberate" the processes of capital accumulation. In contrast, Piven sees neoliberalism as essentially hyper-capitalism.

However, Robert W. McChesney, while defining it as "capitalism with the gloves off," goes on to assert that the term is largely unknown by the general public, particularly in the United States.

Lester Spence uses the term to critique trends in Black politics, defining neoliberalism as "the general idea that society works best when the people and the institutions within it work or are shaped to work according to market principles."
 

ShinnerBot No.32564844524

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Perhaps, but at surface level, I only see SF competing with tweedledum and tweedledee in a kind of bidding war to be more dum or dee. Those two are the cause of us being where we are because there is no difference between them and they have to kind of outbid each other to gain electoral advantage, so, to hell with responsible well thought out long term goals. As a result, the country suffers.
We have a website littered with policy docs that only saddos and wonks like me ever end up reading ;)

But like you say, the punter only sees the surface level day to day stuff where SF do indeed have to compete with the others on the issues of the day...but that's democratic politics the world over...the only working alternative I can think of is Chinese style technocracy but that kind of throws out the niceties of democracy out.

The most recent example of gross populism winning out over common sense was water charges. The gov't should have had the balls to stick with the programme and to hell with Mehole. They'd have earned a lot more respect than in capitulating.
Populism as a pejorative was made popular by center-right parties the length and breadth of Europe during the Austerity years trying to paint their opponents as demagogues. I really don't want to be debating water all over again, but in the case of water charges in Ireland, populism was simply the majority rejecting FG's particularly poor implementation of IW, and I suppose on topic, their refusal to ensure that water infrastructure wasn't carelessly sold off to the highest bidder as per the tenets of neo-liberalism.

The neoliberal revolution has come and gone, by now we've learned that in some areas such as telecoms, it works for the state to get out and let private enterprise in, and in other areas such as Key Infrastructure such as health and transport, the state has considerable reason to remain the majority player. In a country such as Ireland where the consumer always loses, there was no way in hell the public were going to run the chance of being screwed over on access to a necessary human right.

Call it populism as a pejorative, but in the end GE16 as a democratic election showed that charging for water wasn't all that popular in the first place, and I'd say FG are counting their lucky stars for the seats they did manage to salvage from the whole mess.
 

JimmyFoley

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We have a website littered with policy docs that only saddos and wonks like me ever end up reading ;)

But like you say, the punter only sees the surface level day to day stuff where SF do indeed have to compete with the others on the issues of the day...but that's democratic politics the world over...the only working alternative I can think of is Chinese style technocracy but that kind of throws out the niceties of democracy out.



Populism as a pejorative was made popular by center-right parties the length and breadth of Europe during the Austerity years trying to paint their opponents as demagogues. I really don't want to be debating water all over again, but in the case of water charges in Ireland, populism was simply the majority rejecting FG's particularly poor implementation of IW, and I suppose on topic, their refusal to ensure that water infrastructure wasn't carelessly sold off to the highest bidder as per the tenets of neo-liberalism.

The neoliberal revolution has come and gone, by now we've learned that in some areas such as telecoms, it works for the state to get out and let private enterprise in, and in other areas such as Key Infrastructure such as health and transport, the state has considerable reason to remain the majority player. In a country such as Ireland where the consumer always loses, there was no way in hell the public were going to run the chance of being screwed over on access to a necessary human right.

Call it populism as a pejorative, but in the end GE16 as a democratic election showed that charging for water wasn't all that popular in the first place, and I'd say FG are counting their lucky stars for the seats they did manage to salvage from the whole mess.
Which just goes to show how meaningless 'neoliberalism' is.

Is Sweden such a country? They charge for water...
 

ShinnerBot No.32564844524

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Which just goes to show how meaningless 'neoliberalism' is.

Is Sweden such a country? They charge for water...
Knew when I saw the username, it would be a vacuous two liner....anyway...I googled it for you and the answer is:

Water supply and sewage disposal are the responsibility of municipal authorities, and these services are subsidized by the state. Water charges in Sweden are relatively low, as by law they cannot exceed the cost of providing the water supply.
I.e. They charge for water, but they never privatised the resource as was FG's thinly veiled neoliberal based plan.

You'll forgive me if I ignore your future posts, I really can't be bothered :)
 

O'Quisling

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The thing is.
Its not new, and its not liberal.

The policies of Neo-Liberalism is merely Actually Existing Capitalism. But trying to dress it up evoking the word freedom. The de-coupling of state and economy echoes the de-coupling of state and church and therefore must be good don't ya know !!
 


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