Neoliberalism’s Globalization scheme has failed… SPECTACULARLY.
And all it took was 50 years, a global pandemic, the practical decimation via “outsourcing” of the majority of the American domestic economy, an increase in homelessness, deaths of all kinds from all sources, addictions, crime, disease, mass incarceration, increase in preventable deaths from lack of healthcare, all-time high wealth dispartity, increase in poverty rates, tax cuts upon the wealthiest Americans and their corporations, after GOP POTUS Richard Nixon kissed Communist China’s Chairman Mao’s derriere through cozying up to Mao’s successor/henchman Chinese Communist Chairman Chou En-lai.
What is “neoliberalism”?
Well, one thing it’s NOT, is pro-American.

The sequence of events that led to ‘Brexit’ — a moniker referring to the British exit from the European Union — began as part of a neoliberal campaign to deregulate many previously-regulated industries, and create a ‘free market uptopia’ in the UK. They failed at every turn.
The other thing that IT IS, is a primarily a GOP-wielded tool… though, in all fairness, there have been some Democrats (like Bill Clinton) who enthusiastically supported it, along with the so-called “Three Strikes” laws which is a two-part scheme, consisting of a:
1.) School-to-prison pipeline, which then becomes a;
2.) Prison-packing scheme
— which has continuously disproportionately harmed our non-White brothers & sisters, primarily, and in that process turned America into a police state. In the United States, there are MORE TOTAL PEOPLE INCARCERATED than in all the prisons combined in Iran, Iraq, Afghanistan, Russia, North Korea, China, and other despotically-ruled totalitarian regimes worldwide.
Applying a “Free Market” ideology to that scenario would dictate that capacities of the prisons should not be enlarged (in order to minimize operating costs), and instead, build Wall-$treet-traded PRIVATE FOR-PROFIT PRISONS — which is a very “pro-free market” thing to do, which again, is part and parcel of neoliberal behavior, strategies, and tactics.
Yeah.
But “neoliberalism” is a hard-line “modern spin” on some old ideas, at least as interpreted by an entire cadre of moderns (most of whom are in the current era).
The Stanford Encyclopedia of Philosophy writes this about Neoliberalism, stating that neoliberalism is a:
“philosophical view that a society’s political and economic institutions should be robustly liberal and capitalist, but supplemented by a constitutionally limited democracy and a modest welfare state.”
Typically, individuals who subscribe to, and promote, such ideas often do so blindly, and unthinkingly.
Again, most — but, not all — whom have espoused, or supported neoliberal ideas have been (and are) GOPers and Radicalized Republicans.
Recall that it was Ronald Reagan who, in his first Inaugural Address January 20, 1981, stated that “In this present crisis, government is not the solution to our problem; government is the problem.“
The preposterous absurdity of that statement is self-evident, because if government is the problem, then the obvious solution to that problem is elimination of it (government); and the absence of government is a state of anarchy, chaos, and lawlessness. Yet, it was at that point in which radicalized Republicans who identified themselves as the “TEA Party” caucus (Taxed Enough Already), began in earnest to slowly dismantle government, bit-by-bit, piece-by-piece, and law-by-law.
POTUS Clinton was also largely sycophantic to the GOP’s destructive objective under the direction of GOP Speaker of the House Newt Gingrich, when he proudly proclaimed in his January 23, 1996 State of the Union Address, that “The era of big government is over.” Yet, his go-along-to-get-along strategy proved inadequate when faced with the reality of the failures of Three-Strikes laws, creation of a school-to-prison pipeline as a private-prison-for-profit packing strategy, which incarcerated more non-Whites than Whites, especially through disparate sentencing for crack vs powder cocaine, and cannabis.
Investopedia lists these characteristics of the ideals, principles, and practices often found in neoliberal governments which often Read the rest of this entry »