We switched close but stifling social networks for a capitalist safety net that offered modern life choices. Now we don’t have either

  • reddig33@lemmy.world
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    1 year ago

    So confused by the use of “liberal economics” here. Was Brexit liberalism? Is privatizing NHS liberalism? In the US, that would be the conservative wing, not liberal.

    • xMadwood@lemm.ee
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      1 year ago

      “Liberal” is defined differently in the context of economics vs politics. It doesn’t mean “economics that political liberals support”.

    • skhayfa@lemmy.worldOP
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      1 year ago

      The author is British. Liberalism in its theoretical aspects autonomy, equality of opportunity, freedom of choice, protection of individual rights is a wonderful promise. But the author argue that in our unchecked capitalist environment it’s just a pipe dream which leaves individual vulnerable and exposed to exploitation.

    • Poob@lemmy.ca
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      1 year ago

      It’s only confusing because of America. Liberalism is basically the political ideology of capitalism.

    • grue@lemmy.world
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      1 year ago

      Was Brexit liberalism?

      No.

      Is privatizing NHS liberalism?

      Yes.

      Economic liberalism is about free markets and globalization. Privatization fits with that; protectionism doesn’t.