When you look up neoliberalism on Wikipedia, it talks about Reagan, Thatcher, and Pinochet who are conservatives. But /r/neoliberal and Biden are neoliberals who are proud liberals
:confusion:
When you look up neoliberalism on Wikipedia, it talks about Reagan, Thatcher, and Pinochet who are conservatives. But /r/neoliberal and Biden are neoliberals who are proud liberals
:confusion:
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It goes further than upholding capitalism, neoliberalism does seek out deregulation, privatisation, and austerity as well (which has been sought by both "left" and "right" wing parties across much of the western hemisphere). Like you can uphold capitalism and have social democracy as well, neoliberalism is tearing away at that last bit of the social contract and deciding the market takes precedence over even minimal attempts to ease people's suffering.