this post was submitted on 05 Apr 2026
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[–] Iheartcheese@lemmy.world 60 points 1 month ago (4 children)

I'm a dumb American and don't know who this is. He didn't really do that did he? What the fuck is going on.

[–] 9point6@lemmy.world 82 points 1 month ago (2 children)

He's one of the fathers of neoliberalism, and therefore a lot of the problems we all face today

[–] ChilledPeppers@lemmy.dbzer0.com 18 points 1 month ago

I believe he is the one who coined the term, and if you read the text in which he did that, you will see that what we got is nothing even close to what he wanted.

[–] Denjin@feddit.uk 54 points 1 month ago

Codified the concept on lessaiz faire economics giving a pseudo-academic justification for the Reaganite and Thatcherite fiscal policies that are broadly responsible for the sorry state of public services in America and Britain today.

[–] SatansMaggotyCumFart@piefed.world 36 points 1 month ago (1 children)

Nah it’s one of them stories that sound cool and smart and shit but it’s made up.

[–] RickyRigatoni@piefed.zip 5 points 1 month ago

All stories are made up.

[–] sorghum@sh.itjust.works 19 points 1 month ago* (last edited 1 month ago)

Nobel prize in economics back in the 70s. Wrote several books most notable being Capitalism and Freedom