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View Diary: What is Neoliberalism? (158 comments)

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  •  It provides great economic benefit (1+ / 0-)
    Recommended by:
    JosephK74

    to the corporate interests of the insurance companies. That is neoliberal by purpose and by design.

    •  No, neo-lib is about the free market uber alles (0+ / 0-)

      From a theoretical standpoint, the ACA is a neo-lib bad dream--expansion of government into the health insurance market, expansion of Medicaid, the govt telling insurers what percent of earning they have to invest, etc.  Maybe not a neo-lib nightmare, but a bad dream, nonetheless.  

      If you want a neo-lib wet dream, see this:
      http://store.cato.org/...

      To be free and just depends on us. Victor Hugo.

      by dizzydean on Fri Aug 02, 2013 at 01:05:52 PM PDT

      [ Parent ]

      •  Neoliberalism = corporateism (1+ / 0-)
        Recommended by:
        JosephK74

        Since you are determined to hold onto your political illusions you'll define anything to suit your purposes.

        •  Richard, I'm working with a definition (0+ / 0-)

          accepted by the vast majority of academics and put forward by the diarist.  You seem to be working from a set belief.  If you don't accept the definition, fine.  But show me something that supports what you say.   Otherwise, you're just using the term loosely to make a non-academic political point.  How is that any different from Jonah Goldberg's "Liberal Fascism"?

          To be free and just depends on us. Victor Hugo.

          by dizzydean on Fri Aug 02, 2013 at 01:18:44 PM PDT

          [ Parent ]

          •  Definitions (2+ / 0-)
            Recommended by:
            AoT, JosephK74

            Definition of 'Neoliberalism'

            An approach to economics and social studies in which control of economic factors is shifted from the public sector to the private sector. Drawing upon principles of neoclassical economics, neoliberalism suggests that governments reduce deficit spending, limit subsidies, reform tax law to broaden the tax base, remove fixed exchange rates, open up markets to trade by limiting protectionism, privatize state-run businesses, allow private property and back deregulation.
            It is a third way between democratic socialism and and rigid traditional conservatism. The practical implementations of it have involved the mixing of tactics with the underlying goal of opening markets on an international scale and using private corporations to provide public services where ever possible. The ACA is a very valid example of this type of mixed approach.

            The standard of evaluation that you are trying to apply is something that would only match the Ayn Rand libertarianism of the Tea Party.  

            While I think that this is generally a good diary, I disagree with the diarist with the narrowness of his definition and posted that early on.

          •  Neoliberalism is both a political and an economic (1+ / 0-)
            Recommended by:
            Richard Lyon

            tendency. In regards to economics it's pretty much the same as libertarians in the US. In politics it's what Richard is talking about.

            If debt were a moral issue then, lacking morals, corporations could never be in debt.

            by AoT on Fri Aug 02, 2013 at 01:51:21 PM PDT

            [ Parent ]

            •  That would depend on which brand (0+ / 0-)

              of libertarianism you are talking about. I doubt that most neoliberals would want anything to do with the hard right Ayn Rand version, but there are other forms of it that would fit right in.

              •  Economic neoliberalism is what I meant (0+ / 0-)

                Not political. Economic neoliberalism came out of a conference that included Hayek and von Mises in the 30s.(I think the 30s) That's where the Chicago school version of economics came from as well. And where most libertarians, in the US sense of libertarian, get their economics from in my experience.

                If debt were a moral issue then, lacking morals, corporations could never be in debt.

                by AoT on Fri Aug 02, 2013 at 02:15:21 PM PDT

                [ Parent ]

                •  I think that people like Clinton, Blair (2+ / 0-)
                  Recommended by:
                  AoT, JosephK74

                  and Obama haven't been economic purists in that regard.

                  I've always thought of the Washington Consensus as a touchstone of neoliberalism. I guess that's a mixture of politics and economics. That is the point at which I got interested in the issue. I would consider Paul Krugman to be a neoliberal and he is most definitely not Chicago/fresh water school.

          •  No, Richard is right. (2+ / 0-)
            Recommended by:
            Richard Lyon, Claudius Bombarnac

            Having insurance companies preside over healthcare is neoliberal.  To be sure, Obama introduced more regulation, but the core principle is still neoliberal (and there's never been pure neoliberalism anyway).  Obama's positions on education are also neoliberal, as are his policies towards Wall Street.  Please don't evoke me in defense of your misleading remarks.  Third Way dems have not been friends of the left since Clinton and are only slightly more preferable than republicans.  Indeed, Clinton privatized and deregulated in ways that Reagan could have only dreamed of.  Obama has very much continued this tendency.  Neoliberalism doesn't neatly map on to the parties.

            •  I like the diary, but this (0+ / 0-)
              Having insurance companies preside over healthcare is neoliberal.
              ain't true.  

              Sorry, but our healthcare system is much more complex than that, and the ACA is much more complex than simply another "market based solution".  We have a form of single payer (Medicare/Medicaid) we have direct government run health care (military and VA) and we have private insurance.  

              The ACA may have some neo-lib elements, as Richard and I discussed below, but it is heavily regulated, has governmental influence in the form of subsidies and taxes, and expands governmental presence in a way unseen in the health care arena in decades.  Hardly neo-lib.  

              You can argue that the government run health exchanges are the creation of a new market, hence neo-lib, but the fact that they are govt run and not private sector only says much, no?  

              No doubt the 3rd way Dems followed a neo-lib path.  As for Obama, I hold to the position that his presidency, all told has not gone the same way (see the first comment I made in this thread.  

              But, what I have said was hardly misleading.  What I had hoped was that this diary would be  step towards putting a leash on the pejorative use of "neoliberal" as it has been used at DK, where it often gets thrown around indiscriminately without its true context, like fascism, feudalism and the versions with "neo" labels applied.  

              To be free and just depends on us. Victor Hugo.

              by dizzydean on Fri Aug 02, 2013 at 02:21:25 PM PDT

              [ Parent ]

              •  Obama's presidency (1+ / 0-)
                Recommended by:
                AoT

                has overwhelmingly been third way.  This is what the criticisms of him here have been all about.  There are all sorts of degrees where neoliberalism is concerned, but going with insurance companies is nonetheless a market based solution and therefore neoliberal.  The regulations that Obama instituted over insurance companies are welcome, but there are nonetheless structural features of market based solutions that generate all sorts of problems.  I actually wrote the diary not to lend support to Obama, but to give the Obama apologists a bit of context so they might understand the entirely justified criticisms of Obama coming from the left.

                •  It is also impossible to make a general (1+ / 0-)
                  Recommended by:
                  JosephK74

                  characterization of the policy of his administration without looking at both international and domestic policy. The trade treaties are explicitly anti-regulation and very supportive of turning the MNCs loose to roam the world.

      •  And ACA forces more people into the market (1+ / 0-)
        Recommended by:
        Richard Lyon

        Which makes it "more free" in the eyes of neoliberals. The problem is that they aren't really consistent.

        If debt were a moral issue then, lacking morals, corporations could never be in debt.

        by AoT on Fri Aug 02, 2013 at 01:21:09 PM PDT

        [ Parent ]

        •  But it is taking people who have NO health care (0+ / 0-)

          and putting them into a situation where they can afford insurance--that's a huge difference from say, turning pensions into 401ks, no?  

          To be free and just depends on us. Victor Hugo.

          by dizzydean on Fri Aug 02, 2013 at 01:29:39 PM PDT

          [ Parent ]

          •  If it was just doing that (1+ / 0-)
            Recommended by:
            Richard Lyon

            then I wouldn't be calling it neoliberal. If it was just about subsidizing those who need help then it would be a different issue. It does other things, but all those things are premised on an increased market size. It's another "market based solution".

            If debt were a moral issue then, lacking morals, corporations could never be in debt.

            by AoT on Fri Aug 02, 2013 at 01:34:49 PM PDT

            [ Parent ]

          •  It doesn't mean that it doesn't accomplish (2+ / 0-)
            Recommended by:
            AoT, JosephK74

            something that is beneficial to some people. It is not a Tea Party starve to poor approach. The issue is the approach taken in achieving that and the resources that are diverted to the benefit of private corporations in the process.  

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