587
Liberal Economics be like
(lemmy.dbzer0.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Jul 2023
587 points (81.5% liked)
Memes
45536 readers
248 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
Uh, liberals tend to want to shift capitalism towards something more equitable - you know, something that doesn't leave so many people jobless or homeless.
No, they don't - they try to reform capitalism to head off revolt against the capitalist status quo. That is why liberal reforms to capitalism (at best) only makes life better for a certain part of the working class - see how Roosevelt's GI Bill left black vets and their communities out in the cold for an example. When this fails to protect the capitalist order, liberal-types will happily co-operate with fascists to violently repress the working class - see Weimar Germany for an example of that.
If you are the reading type, I'd suggest Clara Mattei's The Capital Order: How Economists Invented Austerity and Paved the Way to Fascism - I haven't encountered anyone who explains the history as well as she does.
Liberals are not your friends - Malcolm X was perfectly accurate when he described them as "smiling foxes."