• T34_69 [none/use name]
    ·
    3 months ago

    Nice, so a political economy that fuses corporate interests with the state (might call it, hmm, corporatism), crushes dissent with police violence and lawfare, commits to privatizing public goods, and overthrows democratically elected leaders, contributes to fascism? Damn that's crazy cuz that already just sounds like fascism, lol

  • ksdhf@lemmygrad.ml
    ·
    3 months ago

    "It is not the minimalist state advocated by libertarians, or even the highly constricted state envisioned by neoliberalism.

    "Rather, the answer is something along the lines of a rejuvenated European social democracy or a new American Progressive Capitalism, a twenty-first century version of social democracy or of the Scandinavian welfare state."

    80 years of cold war propaganda and we're just gonna pretend the other thing doesn't exist. "What is to be done?" 🤔

    It's been 80yrs of "socialism is when the government does stuff and the more stuff it does the more socialist it is". The average western brain is now thinking "hey maybe the government doing some stuff is actually good".

    • PolandIsAStateOfMind@lemmygrad.ml
      ·
      edit-2
      3 months ago

      rejuvenated European social democracy

      What does he even mean by this??? European socialdemocracy looks more like advanced leprosy case now.

  • GrouchyGrouse [he/him]
    ·
    3 months ago

    not-built-for-this

    You don't say. You're telling me that heightening the contradictions of capitalism while also crushing socialism and labor-oriented solutions leads people toward the waiting embrace of reactionary politics, national chauvinism, and fascism? No way!

    How did our new gilded age lead to fascism when that's what happened last time! How could anyone have seen this coming?!

    • Comp4 [she/her]
      ·
      3 months ago

      Not really obvious to most liberals I assume

    • snek_boi@lemmy.ml
      ·
      3 months ago

      Stiglitz didn’t get the Nobel prize for claiming that neoliberal capitalism contributes to the rise of fascism. He got it for explaining how information asymmetries destroy the fantasy of perfect markets.

    • manuallybreathing@lemmy.ml
      ·
      3 months ago

      I mean, even a cursory look into the history of the nobel prize should show anyone how much of a joke they've always been

    • Justice@lemmygrad.ml
      ·
      3 months ago

      in the background 🎵 Hold me closer, tiny dancer. Count the headlights on the highway 🎵

  • Lester_Peterson [he/him]
    ·
    edit-2
    3 months ago

    reminder that there's no such thing as a Nobel prize in economics, and this guy won the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel"

  • GenXen [any, any]
    ·
    3 months ago

    Oh yeah, well Nobel laureate Paul Krugman says "nuh-uh!". Checkmate leftists!

  • miz [any, any]
    ·
    edit-2
    3 months ago

    Nobel laureate

    is it a real Nobel or that shit-ass fake economics one

    EDIT: it's the shit-ass fake one