I’m old enough to remember the Reagan years. They absolutely sucked. I also voted for and was happy with Clinton. That said, in hind sight, Reagan set the house on fire, but the deregulation during the Clinton years threw a barrel of napalm into it to help it along. 1980-2000 is when we destroyed it all.
If Gore had won the presidency, things would have turned out very differently. And let’s not forget that things worked out quite well for a while under Clinton.
Same with Reagan (for some). When you rip out the brakes you get to go fast, which is great, until you need to turn or avoid a brick wall.
The positive effects of deregulation are instantaneous, which is great for the current administration. The shit hitting the fan takes its time, which is bad for later administrations.
EDIT: Gore did win. Never forget that.
I’m not old enough to have voted, but I remember the last few of the Reagan years, when his dementia was just as obvious as McConnell’s or Feinsten’s.
Wilson started it, Roosevelt and Eisenhower propped it up, inadvertently or not, Nixon continued it, and Reagan paved the way for the shit we see today.
Let’s not forget to give Nixon his due, and the evil bastards that made Citizens United a law.
And Jude Wanniski, author of The Two Santa Claus Theory, which has become the backbone of Republican stupidity ever since.
Don’t get me wrong, absolutely fuck Reagan and lady Reagan (Thatcher), but to ignore the framework that preceded them and enabled them to do what they did is being wilfully ignorant and is counter productive.
Yeah, they fucked society up in their unique and terrible ways, but they are absolutely not the cause of our problems, just another symptom.
The cause is capitalism (and before that, feudalism) and the varied systemic oppression and exploitation it relies on to exist.
It is a tangible cause we can and should fight against, not a ghost to pointlessly shake a fist at for a quick dopamine hit.
Reagan and Thatcher introduced neoliberalism into their respective countries. If you were right, it would have been pointless to vote for a center left party in the next election because they wouldn’t abolish it. But when the Democrats/Labour came into power, first thing was to undo all the shit and abolish neoliberalism, right? Right?
John the Duncan made a good video about how the center left parties legitimized and normalized neoliberalism in the next legislative period. If you want me to, I can see if I find this video.
Democrats/Labour came into power, first thing was to undo all the shit and abolish neoliberalism, right? Right?
Right! If Reagan and Thatcher made neoliberalism law, then Clinton and Blair made it doctrine.
Lmfao, what the fuck do you think neoliberalism is?
And yes, it is pointless voting for the centre left, for exactly that reason - they too are neoliberal (= capitalists = exactly the point I was making in my comment).
You’re seriously not making the point you think you’re making lol
That’s the biggest problem with a social democracy, it just takes one bad faith actor supported by Capital owners to completely derail the system of social safety nets that were built with good faith over almost 200 years…
Good faith is a bit of a weird way to say exploitation, slavery, genocide and war in the global south
I was more referring to good faith governance (govermeny working for its citizens best interests and not corporations), not saying that social democracy aren’t fueled by those sources. But fuxk me for not writing an essay decrying every crime of social democracy’s lmao my bad.
Np you’ll get it right next time
That being said, it wasn’t good faith that gave us those safety nets, it was the working class picking up arms and demanding it.
“You’ll get it right next time” What a condescending prick lol
As if the “next time I’ll write an essay” comment wasn’t condescending. Simply matching the tone.
Class conciousness and working class Solidarity is built by poking lots of holes in the arguments of Capitalist Simps and libs by pointing out hypocrisies in the systems they support, and how every progress a social democracy has clawed for hundreds of years to get can be undone and if not undone undermined by the ruling class using their vast wealth to influence elections. Lecturing them on literally every crime of Capitalism that they have been indoctrinated in since birth is going to do nothing, but make them ignore you. Make a meme and share it if you want to address those issues you have with social democracies, just be normal and stop trying to undermine other leftists trying to spread class conciousness. You came in condescending, implying me saying the term ‘Good Faith’ was endorsing the exploitation of impoverished nations for the Imperial cores benefit. While I was trying to point out to the Imperial core how insignificant they are to the corporate overlords and the ruling class. Its a spectrum, and getting folks to recognize the Burgouis Prolitariat class divide is the first step, which is what I am trying to accomplish. I shouldnt be required to write a damn essay about every sin of social democracies every fucking time to avoid leftist like you coming in and being condescending pricks…
Gonna be real with you, I didn’t think you were making the point you were making in the first comment, that’s on me. I mistook you for a lib that is aware of the inherent injustices of the system but thinks they’re caused by bad actors in an otherwise valid system that strives for the betterment of everyone (“it’s just crony capitalism that’s bad”), while ignoring the actual harm the supposed good faith progress caused to the rest of the world and the exploited classes.
We’re on the same page, I think.
It seems that what you mean is social democracy broadly fails to meet the needs of the working class because it binds out fate to the exercise of ruling power.
This is sarcasm, right?
And let’s not forget Rupert fucking Murdoch.
I had no idea Reagan was responsible for people not knowing how to use capital letters.
Edit: Reagan was, apparently, also responsible for people misspelling Reagan. 🫣
The War on Education started with Reagan! It tracks
yeAh capItal leTters aRe liKe caPital ciTies, thEy beLong nEar tHe cenTer.
United States of America has left the chat.
You gotta wait for the capitals to trickle down
THIS BUT UNIRONICALLY
tHis buT uNironIcally
There are pretty substantial ghouls that preceded Reaganomics: chartered monopolies, anonymous transferable shares of companies (thinking Dutch East India Company here), prohibition of local currencies, central banking, labor theory of property
And that succeeded Reaganomics: Chokepoint capitalism, evergreen IP, the gig economy
Yes, in a proximate sense, specifically in the US, Reagan broke a lot of dams that were holding back the most calamitous floods that were poised to drown us… but he didn’t fill them with water in the first place.
yeah I was going to say not to forget nixon but reagan was really a turning point but so is trump now. pre/post wise I feel trump is worse but that just might be the bias of how adjacent it is currently.
The bailout system we have now, starting in 2008, is way worse than any reaganomics. Now we just hand them cash and don’t even expect it to trickle down.
Bitcoin was created in response to this, it’s even written in the first Bitcoin block ever minted “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”. The US government printed nearly a trillion dollars to bail out the banks, governments worldwide did the same as the economic crisis unfolded. People lost their jobs, their savings, all of us had our currency devalued by the massive (but necessary) money printing to stave off a total financial collapse. And the CEOs of those failed banks had the audacity to give themselves lavish bonuses with that money. It was a massive wealth redistribution. And not a single one went to prison for it. 99% of us were forced to foot the bill for the reckless actions of a vanishingly small but ridiculously wealthy and powerful portion of the population.
And unfortunately, we have had to do this again and again because of a crucial flaw in modern banking: if banks loan out money, and everybody is all loaning to each other, there will be an economic shock that comes along that causes a bank run. When that happens in an interconnected, global economy, you can’t have a big bank fail, because all the other banks will fail too, and the entire financial system will outright collapse, just like it did during the great depression. The guy who realized this is tom bernacki, he won a nobel prize in economics for pointing out that much of the harm from the depression came not from the market panic but from the failure of the banking system and faith in it afterwards. You don’t know his name, but you would recognize his face, he is the one that sold the bailouts to congress and the world. But he does not have a solution to this problem aside from bailouts. Constant wealth distribution trickling up to those who are already the most wealthy and powerful in the system.
Satoshi saw this and knew there was a better way, so he created a new currency system in which no one person or organization could ever have the power to just turn on the money printer like that ever again. Because the temptation is just too strong. Every empire or nation that has ever failed ended with a period of hyperinflation caused by the massive increase in the money supply. Both sides in the US civil war did it, Zimbabwe did it, Nazi Germany did it, the USSR did it, Venezuela did it, the Roman Empire did it. Every country that is at war and runs out of money to fund the war does it.We need a system which does not rely on human choices being the difference between a sound money supply and a useless one. That is what Bitcoin is. It has a fixed supply. And the only person who can spend that BTC is the one with the keys: you. And it can be accessed by anybody in any country in any economic situation so long as they have a computer or phone and internet access.
Unfortunately, since apolitical money is not meaningful as a concept, any viable solution to ineffectual political processes must entail repairing if not reconstituting such processes within the political frame.
Ronald Reagan is proof that most actors should not become politicians.
You get too good at pretending to be somebody you’re not when it is your actual day job.
Have you caught yourself doing that?
