I remember when I was first turning from a liberal into a baby leftist listening to the podcast the Antifada (maybe it’s still good but I haven’t listened to it in forever) and one of the hosts Sean KB arguing something like (it’s been forever so we’ll see if I get this right) - that to capitalists, the “normal part” is the boom cycles that bring economic wealth to everyone, especially the Keynesian/post-WW2 period, while the busts are the weird exception. But in actuality, those are just the exceptions to the general trend of capitalism to make the rich richer and the poor poorer. They have it reversed. The neoliberalism of the late 70’s, 80’s and on, is simply the continuation of the wider trend of capitalism, with the FDR/Keynesian period through post-WW2 being the brief exception in US history.
Normally, this natural trend of capitalism has to be paused through oppression and horrors, such as slavery, colonialism, imperialism, etc. Even the WW2 period was helped through war I suppose, which they may try to repeat soon it seems.
It was an interesting revelation that really helped push me out of liberalism and capitalism into either socialism or anarchism.
They have it reversed. The neoliberalism of the late 70’s, 80’s and on, is simply the continuation of the wider trend of capitalism, with the FDR/Keynesian period through post-WW2 being the brief exception in US history.
I love those goldbug websites in this context because they get it halfway right but they don’t understand that the alternative outcome is driving capitalism into a ditch.
Haha I’ve never seen this website before but that’s great. Similar to crypto, it seems to be people identifying the wrong disease form the symptoms they see lol
I remember when I was first turning from a liberal into a baby leftist listening to the podcast the Antifada (maybe it’s still good but I haven’t listened to it in forever) and one of the hosts Sean KB arguing something like (it’s been forever so we’ll see if I get this right) - that to capitalists, the “normal part” is the boom cycles that bring economic wealth to everyone, especially the Keynesian/post-WW2 period, while the busts are the weird exception. But in actuality, those are just the exceptions to the general trend of capitalism to make the rich richer and the poor poorer. They have it reversed. The neoliberalism of the late 70’s, 80’s and on, is simply the continuation of the wider trend of capitalism, with the FDR/Keynesian period through post-WW2 being the brief exception in US history.
Normally, this natural trend of capitalism has to be paused through oppression and horrors, such as slavery, colonialism, imperialism, etc. Even the WW2 period was helped through war I suppose, which they may try to repeat soon it seems.
It was an interesting revelation that really helped push me out of liberalism and capitalism into either socialism or anarchism.
I love those goldbug websites in this context because they get it halfway right but they don’t understand that the alternative outcome is driving capitalism into a ditch.
Haha I’ve never seen this website before but that’s great. Similar to crypto, it seems to be people identifying the wrong disease form the symptoms they see lol