After posting a Ron Paul video on my FaceBook, I got the following comment: “Uh free market neoliberalism created the crisis you dumb butt. Where are you learning economics”
Oh, but he heard his name mentioned with all those other right-wing nut extremists when talking to his circle of friends, so obviously, it must be true.
That is the type of reasoning you are up against, if you boldly decide to argue.
It’s like that idiotic article Thom Hartmann had on the Huffpo a few months ago, where he called Mises, Rand and Hayek responsible for the economic crisis, and may have insinuated they are neoliberals.
Ayn Rand is another “neoliberal” according to some fools.
As far as I’ve been able to tell, neoliberalism is like neoconservatism with more focus on the economy. I believe they favour subsidies to politically connected multinational corporations, rather than tariffs, and bears little in common with the classical liberals of old, like LvM. There is a local party here in New Zealand called the ACT Party that seems to follow this ideology.
Basically, it’s confusing crony capitalism and socialism-for-the-rich with actual, laissez faire capitalism. It’s akin to confusing Meet the Spartans with the real 300, or a bottle of water filled up with red dye with a vintage wine.
I haven’t found much intelligence via YT. I think it is a cesspool of free riders.
I do appreciate that they pick up the hosting bill for many videos I like. But the social networking aspect is overblown, this is why I was never on MySpace or Facebook. That is generally why I am here. While I don’t agree with everyone (or anyone?) absolutely, the quality of discourse is much higher. I don’t have to explain what socialism is to anyone here. I don’t have to explain the ABCT or origin of money. I don’t feel compelled to defend minarchism.