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If you look closely you will find the state behind all major economical crisis. In 2008 the State incentive to give subprime loans to people lead to the disaste
by gutino 6y ago
If you look closely you will find the state behind all major economical crisis.
In 2008 the State incentive to give subprime loans to people lead to the disaster.
If you have a truly liberal economy, without central banks, no poverty or economical problems should arise, especially in the tech era.
- zajd 6y ago> If you have a truly liberal economy, without central banks, no poverty or economical problems should arise, especially in the tech era. What do you think a "truly liberal economy" means exactly? Liberalism is a political ideology, not an economic system.
- Leary 6y agoThis is contrary to the historical experience of the United States in the 19th and early 20th century. For example, https://en.wikipedia.org/wiki/Panic_of_1873 https://en.wikipedia.org/wiki/Panic_of_1873.
- augustt 6y agoEspecially in the tech era? What does that even mean... you can grind on sharing economy apps 80 hours a week? Or should every man/woman/child enroll in javascript bootcamps?
- jjtheblunt 6y agodon't pandemics contradict that assertion?
- deleted 6y ago[deleted]
- waheoo 6y agoDo you mean truly neoliberal or truly liberal? Not that it matters much. Blaming the state for something a bunch of bankers lobbied for is a bit rich. You want to fix things in america? Take money out of politics. Get rid of the myopic two party system. Political decisions arent on a sinle spectrum and ignoring this leads to an unavoidable escalating osciliation between too extremes when the majority wants anything but that outcome.