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View Diary: Fukuyama: Democrats Drank the Neoliberal Kool Aid, Wall Street Seduced Economists (237 comments)

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  •  Try most everywhere outside the US (1+ / 0-)
    Recommended by:
    Goldfish

    cheers,

    Mitch Gore

    Who is a Tea Partier? Someone who listens to Glenn Beck. Who's an anti-Tea Partier? Someone who understands Glenn Beck

    by Lestatdelc on Tue Dec 21, 2010 at 03:36:21 PM PST

    [ Parent ]

    •  I'm sure you have a vast body (0+ / 0-)

      of evidence for this assertion... that doesn't come from the American Enterprise Institute or the US Chamber of Commerce...

      www.bushwatch.net - Kicking against the pricks since '98!

      by chuckvw on Tue Dec 21, 2010 at 05:38:47 PM PST

      [ Parent ]

      •  Yes (2+ / 0-)
        Recommended by:
        chuckvw, Goldfish

        Look at GDP of China and the standard of living therein. BTW, I am not arguing in favor of neoliberal economics. I thin it has hollowed out and put the U.S. economy (and our future) at risk. But the facts are that China (and numerous other countries) have vastly improved their domestic economies by having the corporations outsource whole industries from the United States.

        cheers,

        Mitch Gore

        Who is a Tea Partier? Someone who listens to Glenn Beck. Who's an anti-Tea Partier? Someone who understands Glenn Beck

        by Lestatdelc on Tue Dec 21, 2010 at 05:51:14 PM PST

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        •  The question is whether this is due (0+ / 0-)

          to "free trade" as defined by our elites.  China has used a mix of mercantilist trade policies and currency manipulation (it's the right of a sovereign nation to do so) to achieve growth.

          Benefits of corporate offshoring tend to be passing. There are a lot of abandoned maquiladoras just south of the border.  Take Mexico... please.

          But to get back to the original question, does neoliberal version of "free" trade have a lasting benefit for anyone?  Not really, IMO... for what that's worth.

          www.bushwatch.net - Kicking against the pricks since '98!

          by chuckvw on Tue Dec 21, 2010 at 06:05:38 PM PST

          [ Parent ]

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