Interesting posts and links by political posters

hashtag4

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I checked thoroughly and all captions or quotes are within forum rules (as in less than 20% and 5 paragraphs)
 
https://m.youtube.com/watch?v=-K8bf6dbYt4

"MARK BLYTH:

I kept talking about Global Trumpism, and I predicted Trump's election, Brexit and Trump. This is not a local event. There's the shrinkage of Center party votes, the collapse of Left party votes in particular in western Europe.
- Greece happened. Coming next, Renzi is going to fail in the next Italian elections coming up, which is going to cause a constitutional crisis in Italy .
- Shortly after that, we have the French election coming up. I would like to remind you of the following statistics:the lowest that George Bush Jr. ever got as president in his approval rating was 29%. The president of France currently has an approval rating of 4% . And the National Front have nearly 40%. So the most popular party in France is the National Front. We have the German elections coming up: Mattel is vulnerable.

-- And there's a moment when people started to figure out that for the past 30 year's from 1985 till n ow, huge amounts of money have been generated in the global economy, and most of it has gone to a tiny fraction of the population. So there's been a huge amount of growth, but hardly anyone has benefitted. So they're a bit fed up with this , and they've decided that at any possible opportunity, whether it Is Brexit, or the Italian constitutional referendum or anything, to basically notice, that we've had enoughof this. And that's what this is.

Now if you recognize that simple fact, you can put Trump in there with Brexit, with Jeremy Corbin and so on.
To end it all: in 2015, Wall Street bonuses(not regular compensations )seven years after they were bailed out with the public purse, totalled 28.4 billion dollars. Total compensation paid to every Single person from this country who earns minimum wage:40 billion dollars."
 
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Pete, if you're gonna post here please provide links that you found to be interesting (and I'm talking about serious posts, not links to homophobic gifs posted by your besties


Global Trumpism
by Mark Blyth

https://www.foreignaffairs.com/artic...lobal-trumpism


"At the end of World War II, the United States and its allies decided that sustained mass unemployment was an existential threat to capitalism and had to be avoided at all costs. In response, governments everywhere targeted full employment as the master policy variable—trying to get to, and sustain, an unemployment rate of roughly 4%. The problem with doing so, over time, is that targeting any variable long enough undermines the value of the variable itself—a phenomenon known as Goodhart’s law. In short, the system undermined itself. The 1970s became a kind of “debtor’s paradise.” As irose, debts fell, and labor’s share of national income rose to an all-time high, while corporate profits remained low and were pummeled by inflation. Unions were powerful and inequality plummeted.

But if it was a great time to be a debtor, it was a lousy time to be a creditor. Inflation acts as a tax on the returns on investment and lending. Unsurprisingly in response, employers and creditors mobilized and funded a market-friendly revolution where the goal of full employment was jettisoned for a new target—price stability, aka inflation—to restore the value of debt and discipline labor through unemployment. And it worked. The new order was called neoliberalism.
Over the next thirty years the world was transformed from a debtor’s paradise into a creditor’s paradise where capital’s share of national income rose to an all-time high as labor’s share fell as wages stagnated.

But Goodhart’s law never went away. Just as targeting full employment undermined itself, so did making inflation the policy target. Wage earners now have too much debt in an environment where wages cannot rise fast enough to reduce those debts. Meanwhile, in a deflation, the opposite of what happens in an inflation occurs. … ..

The traditional parties of the center-left and center-right, the builders of this anti-inflationary order, get clobbered in such a world, since they are correctly identified by these debtors as the political backers of those demanding repayment in an already unequal system, and all from those with the least assets. This produces anti-creditor, pro-debtor coalitions-in-waiting that are ripe for the picking by insurgents of the left and the right, which is exactly what has happened."
 
You've got a lot of time on your hands. You should use it more productively. There's a lot of organizations this time of year that are in desperate need of volunteers. You should refocus some of your negative energy in a direction that could actually make a positive, difference in the world. Who knows, maybe you'd find a glimmer of happiness in your soul then.



Just sayin'
 
"In short, to understand the election of Trump we need to listen to the trumpets blowing everywhere in the highly indebted developed countries and the people who vote for them. The global revolt against elites is not just driven by revulsion and loss and racism. It’s also driven by the global economy itself. This is a global phenomenon that marks one thing above all.
The era of neoliberalism is over. The era of neonationalism has just begun. "

Mark Blythe
https://www.foreignaffairs.com/artic...lobal-trumpism
 
You've got a lot of time on your hands. You should use it more productively. There's a lot of organizations this time of year that are in desperate need of volunteers. You should refocus some of your negative energy in a direction that could actually make a positive, difference in the world. Who knows, maybe you'd find a glimmer of happiness in your soul then.



Just sayin'

:(

Alright.
 
2.WHAT'S NEOLIBERALISM AND WHY DO PEOPLE HAVE DIFFERENT INTERPRETATIONS OF THE TERM
Palamino19

http://forum.literotica.com/showthread.php?t=1355304

In the states, neoliberal policies were pursued fro a notable number in each party. Reagan's admin, for example, pursued a host of neoliberal goals.

http://historynewsnetwork.org/article/151023

You'll note, from the above, the heritage foundation, the cato institute, and the Koch foundation among the second wave.

It's not to be confused with the American spectrum of liberal and conservative. Both Reagan and Clinton, for example, pursued a significant number of neoliberal policies.

The failure of the IMF and world bank's neoliberal policies allowed the opening in '97-'98 that weakened American diplomacy in Asia and vastly strengthened China's.

The left and the right are full of critics of neoliberalism.
 
Quote: The article suggested by Palamino19 was good stuff. I posted a few extracts from it.
- With the only comment that as far as laypeople are concerned, I don't think that it's just an American - European difference in opinions nowadays. One encounters similar polemics and different interpretations of the term almost everywhere.
- And (just like many others around the world) I'm only interested in US politics because They are still the most powerful force that basically influence the rest of the world.


The American Roots of Neoliberalism. by Daniel Stedman Jones
http://historynewsnetwork.org/article/151023

"The word “neoliberalism” -- the ideology of free markets, deregulation and limited government -- is easily lost in translation from the European to the American context. In part this is a reflection of the different meanings of liberalism .But it also highlights a gap in historical understanding.

1.Neoliberalism first emerged in the interwar period in Europe. It sought a reformulation of liberalism that would recover the classical liberal focus on individual liberty. It focused on anti-trust and fostering the conditions for a competitive economy and a concomitant acceptance of the need for a social safety net.
- That the “nightwatchman state” of laissez faire, exemplified by nineteenth century Britain, had proved inadequate. They saw a threat to individual freedom in the defeat of liberal politics by the totalitarianism of fascism and communism. Neoliberals also saw the activist and interventionist liberalism of Franklin Roosevelt’s New Deal, along with that of the British Liberal governments of Herbert Henry Asquith and David Lloyd George, as a perversion of liberalism.

At the same time as this expansion of market ideas was taking place the original emphases of neoliberal thought were changing. A crucial (American) project, the 1950 Free Market Study began to reformulate key neoliberal assumptions.
The problem of monopoly was no longer seen as one of market failure but as one of government failure. (government intervention, by favouring particular players, distorted the effective operations of the market).

2.In Europe (and much of the world), neoliberalism is often seen as an American model of unrestrained market capitalism that has wrought havoc both on the developing world through the structural adjustment policies of the “Washington Consensus” and, most recently, by causing the financial crisis that brought down the world economy in 2008.

3.The legacies of American neoliberalism -- guileless faith in markets and overweening hatred of government and public expenditure -- still dominate the Republican Party today. But they also influence the agendas of President Obama and his Treasury team too. After a brief Keynesian resurgence in early 2009, the dominant economic agenda is once again an awkward mix of Hayekian deficit reduction and sub-Friedmanite monetary stimulus."
 
I never noticed before that you cannot quote posts from a closed thread.

Also, how and why was the GBs very own counting thread closed?
 
34....


Because who doesn't like to throw random numbers out when someone is counting? Kind of loses its impact in writing though. :(

Not truly random, though. The number you selected just happens to contain both the integer posted by the previous poster as well as the next integer likely to be posted.
 
Now, 5107 feels like a really random number to me. Others could feel entirely differently about that. It could be their house number or the last 4 digits of their phone number in which case it wouldn't seem random at all to them.
 
Now, 5107 feels like a really random number to me. Others could feel entirely differently about that. It could be their house number or the last 4 digits of their phone number in which case it wouldn't seem random at all to them.

I say it needs a decimal place or two.
 
Breakin' da rules!
You Do realize that, as much as I enjoyed your trolling in the past, that was just skin deep and the entertainment factor has eventually died out?

Let me put it in a way that you might understand:
If genders were reversed, I would say that you were nothing more than a skanky booty call - lots of fun but one is too ashamed to introduce them to their family and friends. Figuratively speaking, of course.
Your only saving grace was that you're far more intelligent than the classless bunch that you hang out with. Because at the end of the day, you're nothing but a thug and a bully.
 
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