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✌🏿✍🏿 (jalcine@todon.eu)'s status on Sunday, 12-May-2024 03:28:45 JST

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✌🏿✍🏿 (jalcine@todon.eu)'s status on Sunday, 12-May-2024 03:28:45 JST ✌🏿✍🏿
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In short, Neoliberalism is the iteration of what American (and now global) ventures are based on: exploitation.
If the neolibs love it, you're being fucked over for it.
(Text for imagine in alt)
In conversation about 7 months ago from gnusocial.jp permalink
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1. Neoliberalism is thus not best characterized in terms of individual freedom within the market. Instead, it can be seen as government by and for capital interests by business and wealthy property owners. This is just as British advocates of the conservative work ethic insisted during the Industrial Revolution, when there was a property qualification for the franchise. The neoliberal doctrine of shareholder capitalism-the claim that the sole purpose of the corporation is to maximize profits-is simply another implementation of government by and for capital interests. During the Industrial Revolution, landlords and capitalists used their power to grab wealth for themselves at the expense of others through such practices as enclosures, monopolies, rack-renting, state-chartered private colonies, and usury. Today, neoliberal policies license numerous similarly exploitative business practices, including monopolization, predatory lending, union busting, demotion of employees to gig workers, and various private-equity schemes that undermine healthcare, veterinary care, retail sales, news organizations, rental housing, and numerous other sectors by exploiting workers and consumers alike
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✌🏿✍🏿 (jalcine@todon.eu)'s status on Sunday, 12-May-2024 03:28:45 JST

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