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njd2025

(27 posts)
5. Some additional info on Neoliberalism
Mon Feb 8, 2021, 05:18 PM
Feb 2021

The Abby Martin video reviewing the book "Giants" I thought was a much bigger topic than Neoliberalism. Addressing wealth inequality is a huge topic just on its own.

I think it's important to understand Neoliberalism from its historical context. Here's a good article on it:

https://fpif.org/from_keynesianism_to_neoliberalism_shifting_paradigms_in_economics/

Here's a good video I found on Neoliberalism:



I'm not sure Neoliberalism is the complete source or cause of the problem of wealth inequality. Recent increases in factory productivity is eliminating the need for having workers driving down everyone's wages and creating a super class. At some point, in the not too distant future, factories will probably not need any workers at all and automation will be fully capable of scaling up or down to meet any requested demand with the best possible efficiency.

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