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Jack Gladney posted:What caused the world to abandon Keynes and capitalism with a robust safety net? I keep hearing about stagflation and oil crises as the prods that rose neoliberalism out of the muck, but were those crises inevitable? My understanding is a lot of it has to do with the fall of the Warsaw Pact. After all, Social Democracy was an ideology created to provide an alternative to a socialist revolution. During the cold war it was used as a salve for wartorn Europe who had to contend with the expansionist eastern bloc. After things had stabilized in Europe the welfare programs were gradually stripped away, and with the fall of communism the liberal powers didn't have any reason to keep them around. Basically Social Democracy only works when there is a real threat of a Workers Uprising.
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# ¿ Jan 20, 2017 18:40 |
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# ¿ May 13, 2024 05:50 |