|
George Monbiot@georgemonbiot.bsky.social |
As for “the market”, when used in the neoliberal context this term disguises a host of power relations. It becomes a euphemism for the power of money. When ‘the market’ decides, it means those with the money decide.
2 replies 11 reposts 65 likes
|
|
George Monbiot
@georgemonbiot.bsky.social
[ View ] |
In reality, it’s about who dominates whom. Neoliberalism is a tool used by the very rich to accumulate more wealth and power. Neoliberalism is class war.
1 replies 17 reposts 78 likes
|
Alexander J. Stein
@ajstein.bsky.social
[ View ] |
Thanks for this differentiation! Markets can be good mechanisms - if there are no market failures (such as asymmetries that can be driven by power). But this means indeed that governments must intervene to create the right conditions & a level playing field, not step back to let "the market" decide.
1 replies 0 reposts 0 likes