spudz · HackerTrans

3 tahun yang laludiscuss

But the difference here is that neoliberalism is really about class interest, and so the policy is vacillating and inconsistent with respect to the jargon that hides class interests of monopoly capitalists, or better, the diverse interests of multinational corporations or the "member economies" that house them.

spudz

3 tahun yang laludiscuss

I prefer Sison's definition, pretty much that neoliberalism is a set of BS jargon used to rationalize the greed of monopoly capitalists. Neoliberals are monopoly capitalists and their stooges that promote free trade by using free competition logic, when in reality we're in the age of imperialism. For example, neoliberals argue for comparative advantage, and maybe their was a basis for this in the world of Ricardo, but today it amounts to the crippling of developing economies: export-optimized industry for low value additions in the global value chain of large corporations. Take the banana wars for example.

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