• barsoap@lemm.ee
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    4 months ago

    The stuff I described was not a neoliberal rule at all, they abhor any kind of regulation that’s not securing property rights for the affluent.

    This “regulate away market failures to approach the ideal of the free market better” thing is ordoliberalism. An actual economic theory I don’t fully agree with but which is mostly sane, and is, most of all, unlike neoliberalism not pure class war. Ordoliberalism e.g. considers welfare necessary so that the labour market isn’t stacked in favour of the employers.