Which side effect of neoliberalism bothers me the most? I would say it is a toss up between the loss of decent jobs and the financialization of everything.
Without well paying jobs with benefits and retirement, a whole generation is growing up feeling unsupported by our political economy. This has huge repercussions. Lack of good jobs isn't the only factor of this, but its a huge reason why our rising generations is not seeing the promise of America fulfilled. Societal problems ensue.
As for financialization, I'm as grateful for a retirement fund as the next guy (who is lucky enough to have a job with a retirement fund), but it just seems more and more like the entire economy is built to serve the already well-off people who tweak numbers to get richer and create nothing of value for our society other than "more GDP."
I see the tradeoffs with both of these - I don't want to get rid of the growth completely - but I definitely feel like some rebalancing is in order.
"Question to readers: which side effect of neoliberalism bothers you the most and why?"
I'm not sure it's directly due to neoliberalism, but "debt dependence" is what bothers me the most. What has developed is a massive explosion in the size of government to the point where we start to consider government as THE major industry.
A culture of dependence upon the government has arisen along with a loss of self responsibility.
I was sitting in bed, half asleep, my mind wandering, and I realized I forgot to leave a comment under this article what a tour de force you have created, bravo!
Also note that Catherine and Naomi say "maybe" a lot. They raise some very important concerns, but are largely fearmongering. As always, predicting the future is very difficult and usually wrong.
Which side effect of neoliberalism bothers me the most? I would say it is a toss up between the loss of decent jobs and the financialization of everything.
Without well paying jobs with benefits and retirement, a whole generation is growing up feeling unsupported by our political economy. This has huge repercussions. Lack of good jobs isn't the only factor of this, but its a huge reason why our rising generations is not seeing the promise of America fulfilled. Societal problems ensue.
As for financialization, I'm as grateful for a retirement fund as the next guy (who is lucky enough to have a job with a retirement fund), but it just seems more and more like the entire economy is built to serve the already well-off people who tweak numbers to get richer and create nothing of value for our society other than "more GDP."
I see the tradeoffs with both of these - I don't want to get rid of the growth completely - but I definitely feel like some rebalancing is in order.
"Question to readers: which side effect of neoliberalism bothers you the most and why?"
I'm not sure it's directly due to neoliberalism, but "debt dependence" is what bothers me the most. What has developed is a massive explosion in the size of government to the point where we start to consider government as THE major industry.
A culture of dependence upon the government has arisen along with a loss of self responsibility.
I was sitting in bed, half asleep, my mind wandering, and I realized I forgot to leave a comment under this article what a tour de force you have created, bravo!
Trump Administration: Digital Control Grid Coming Together at High Speed
https://home.solari.com/trump-administration-digital-control-grid-coming-together-at-high-speed/
As David Rogers Webb has been pointing out in The Great Taking.
Catherine notes that it was Trump who instituted SFFAS56 and that the Trump team is working to steal the remaining assets.
Solari Report https://home.solari.com/?s=david+rogers+webb
Thanks for jumping in here, Howard! There are plenty of risks ahead!
Also note that Catherine and Naomi say "maybe" a lot. They raise some very important concerns, but are largely fearmongering. As always, predicting the future is very difficult and usually wrong.