Why YSK: I’ve noticed in recent years more people using “neoliberal” to mean “Democrat/Labor/Social Democrat politicians I don’t like”. This confusion arises from the different meanings “liberal” has in American politics and further muddies the waters.

Neoliberalism came to the fore during the 80’s under Reagan and Thatcher and have continued mostly uninterrupted since. Clinton, both Bushs, Obama, Blair, Brown, Cameron, Johnson, and many other world leaders and national parties support neoliberal policies, despite their nominal opposition to one another at the ballot box.

It is important that people understand how neoliberalism has reshaped the world economy in the past four decades, especially people who are too young to remember what things were like before. Deregulation and privatization were touted as cost-saving measures, but the practical effect for most people is that many aspects of our lives are now run by corporations who (by law!) put profits above all else. Neoliberalism has hollowed out national economies by allowing the offshoring of general labor jobs from developed countries.

In the 80’s and 90’s there was an “anti-globalization” movement of the left that sought to oppose these changes. The consequences they warned of have come to pass. Sadly, most organized opposition to neoliberal policies these days comes from the right. Both Trump and the Brexit campaign were premised on reinvigorating national economies. Naturally, both failed, in part because they had no cohesive plan or understanding that they were going against 40 years of precedent.

So, yes, establishment Democrats are neoliberals, but so are most Republicans.

  • metic@lemmy.worldOP
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    1 year ago

    Right-wing libertarians (this is another term with two very different meanings) are neoliberal absolutists. Center-right and center-left politicians usually have to compromise with other sets of ideals. Marijuana decriminalization and legalization is one area where right-wing politicians typically preference the social conservative side over the neoliberal/libertarian side. For a center-left example look at the Affordable Care Act. From the beginning Obama was never going to favor a true nationalized health care plan. He offered compromises within the existing framework like state exchanges.

    • TinyPizza@kbin.social
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      1 year ago

      On the ACA, basing it off of Romney-care was the most “no feathers to be ruffled here” play Obama could have made for such a system. Funnier still, I believe Romney got that plan handed to him by The Heritage Foundation. It would only take the “Dem” side of the coin proposing it for it to be labeled as communism coming for America.