11-20-2018, 07:18 PM
(11-20-2018, 02:32 PM)Bill the Piper Wrote:(11-20-2018, 10:00 AM)pbrower2a Wrote: It may be globalism, and it may have republican forms, but it is anything but democratic.
To make a distinction between a democracy and a republic is an idea which might come from Newspeak.
Quote:The neo-liberal globalism had as its basis the idea that the economy was best run by and that politics were appropriately run by experts -- people of economic success, and not 'losers' like the rest of Humanity.
If these experts and people of economic success are elected in free elections, it is democracy.
Quote:Late-3T leadership is typically weak and permissive, and tells people to go ahead and initiate a new era of unprecedented and eternal prosperity based upon low taxes, easy money, and cheap labor. The last 3T leadership can no longer patch things together. As the bubble bursts, institutions, including government, are discredited. Then comes the 4T.
IMO it was the hedonism promoted by pop culture that encouraged people to run up a debt.
That's one way of looking at it. The above to me is the end result of following Neoliberal policies.
As such. Neoliberalism is the ideology behind the process of profit maximization in that it advocates open markets, open borders, and open financial institutions. People are both workers and consumers. Neoliberalism sees people as labor resources and consumers. So open borders = profit maximization by increasing the supply of labor, thus driving the cost down. Consumers are sought by open markets. This means that products are sold where the profit is maximized by crapification and then sold to consumers who can obtain the products by earnings or debt taken on which is enabled by open financial institutions. The gap between falling/stagnant wagers and profit leads to inequality. Inequality is a cause of social ills like homelessness, a tsunami of despair upon which heroin needles and empty liquor bottles grow. Inequality also leads to asset bubbles which in time pop. Collapsing asset prices screw up banks because the value of their collateral ruins their capital position. So, there you have it, Neoliberal people did this shit. It's all their fault, along with Neoconservatives, see below. Neoliberals are the top 1% along with their shills(mainstream media) and bought folks(congress,assorted regulators,POTUS,stink tanks, etc. ).
Neoconservatives: This ideology is one where the US military is used as an instrument to punish countries that don't tow the line or have some resources the US wants to have. Iraq is where the policy was to blame Saddam for something he didn't do. He didn't have weapons of mass destruction, but the US invaded on false pretenses. Neocons said the invasion was to promote democracy in Iraq. This is either a lie to get access to oil, or really dumb beliefs by people in high office. This and all other wars fought since 2001 are utter failures. The cost of these screwups is a really big number, in the trillions. This government debt, which is a big number is also a 4T concern.
---Value Added 