US, EU, even China and India. Regardless where you are, the economy sucks, housing is not affordable, prices are high, jobs are stagnant and class mobility is nonexistent (except maybe in China).
US, EU, even China and India. Regardless where you are, the economy sucks, housing is not affordable, prices are high, jobs are stagnant and class mobility is nonexistent (except maybe in China).
As the other users have said, it is due to the refusal to abandon the neoliberal model of capitalism, which equates concentration of wealth with its efficiency of production (as centralization = efficiency). This is, of course, horseshit, but it is the moral and economic justification that the wealthy use to continue to concentrate wealth into the hands of fewer and fewer ‘productive’ individuals.
yeah more and more i believe neoliberalism was never developed as an actual ideology. it was just a way to paper over total seizure of all public wealth by the bourgeois and give them an “intellectual” justification
i honestly don’t think anyone but normie rubes believe in it wholeheartedly.
first you had ayn rand and her ideologies basically felicitate the bourgeois but it was just too much and too extreme.
so a “tamer” version was developed and tied to post-fascism instead of right-libertarianism, and laundered through the corpse of dying Keynesian economic liberalism.
It was also atheist. You needed to figure out a way to get the Protestant psychos on board.
like radical vs moderate market libertarianism or something (i just made that up)
needed the moderate version tied to Prosperity theology becoming dominant among evangelicals the timing was perfect.