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Liberal Economics be like (lemmy.dbzer0.com)

submitted 1 year ago by alsaaas@lemmy.dbzer0.com to c/memes@lemmy.ml

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[–] fmstrat@lemmy.nowsci.com 0 points 1 year ago (2 children)

I don't get it. Billionaires do billionaires things, but this meme being made the same week as a liberal policy requiring fair taxes for the rich to cover social security for the next 75 years makes this poster 100% out of touch.

[–] SMTRodent@sopuli.xyz 1 points 1 year ago

Liberal in economics and Liberal in US politics mean two very distinct and different things. It's like the way a 'runner' in a race is different to a 'runner' in a restaurant. They're not the same things at all.

Economic liberalism means free trade and deregulation. If it makes money, it's good. Neoliberalism is also referred to as 'hypercapitalism'.

'Liberal' in US politics means 'left of the GOP' and is its own unique thing. It bears no relation to economic liberalism at all. The two may coincide but they're independent of one another.

[–] PowerCrazy@lemmy.ml -1 points 1 year ago

Which policy is that? Does it have a built in way to prevent accumlation of wealth? Maybe a death tax? Maybe some nationalizing of industry's? No? Then it sounds like you are the one out of touch.