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this post was submitted on 26 Jul 2023
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Confidently Incorrect
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When people are way too smug about their wrong answer.
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Like trickle down theory, corporate personhood, that tax breaks will result in tax revenue, and that government austerity is preferable to stimulus to move an economy from recession to expansion? They're zero for four in the most popular 20th century conservative economic theories. I'm not sure that economics is the best lens to view conservative theory in a positive light.
Dude. What you consider "the left" IS CONSERVATIVISM. The USA is soooooo far afield, people are sooooo brainwashed, they can't hold a liberal thought in their heads if they fucking tried.
US liberals are more centrists in a European sense, no argument there. I'm just pointing out that offering up US conservative economic theory as a shining star of success is not the boast they think it is.
neoliberalism is conservative ideology and it has been doing very well the last 40 years, to our vast detriment
No, Reaganomics was a bad-faith move by social regressives. Corporate personhood has been a reality since Santa Clara County v. Southern Pacific Railroad Co. in 1886, so I guess that's conservative, but also not exactly. The idea of laissez-faire economics--that the market will mostly sort itself out with minimal gov't intervention--is generally upheld by prevailing economic theories, and is a fundamentally conservative view. I happen to disagree with the economists though, because they're only looking at it as an economic issue, rather than economics being a manifestation of the social realities.