Comment on What is the difference between an American liberal and a liberal outside the USA?
SaraTonin@lemmy.world 1 day agoTo be more specific on the capitalism front, liberals generally support a well-regulated market which also has safety nets like welfare. As opposed to positions like neoliberalism which supports As opposed to positions like neoliberalism, which supports laissez-faire markets and opposes welfare.
positions like neoliberalism, which supports laissez-faire markets and opposes welfare.
Neoliberalism certainly supports welfare, ie every single corporate bailout since the 1980s. Neoliberalism is the natural conclusion to liberal democracies that fail to address class stratification properly and allow massive imbalance of power to grow so large the whole system becomes irreparable.
I understand what you’re saying and the political point you’re making but welfare, in political terms, is defined as state intervention via public institutions to ensure the economic and social wellbeing of its citizens.
SatansMaggotyCumFart@piefed.world 1 day ago
It drives me nuts when people treat liberals and neoliberals as the same thing.