Please help me out. The term-du-jour now seems to "neoliberal"

[countryjake]

27. Catapulted to where? Do you mean here, Europe, the entire globe, or on DU?

Beyond Neoliberalism Lies Opportunity for Grand Restructuring ~ by David Kotz ~ May 04, 2015

http://www.commondreams.org/views/2015/05/04/beyond-neoliberalism-lies-opportunity-grand-restructuring


.....

With this history in mind, what might emerge today? If history repeats itself, there may be another round of restructuring within the bounds of a capitalist system. One possible version would be a new nationalist and statist form of capitalism that brings renewed economic expansion and stability while maintaining employers' currently dominant position in the labor market, a development that would not be favorable for the majority. If the labor movement and other popular movements gain strength, the prospect of a new form of regulated capitalism based on capital-labor compromise may arise. Big business becomes willing to compromise only when threatened by a growing progressive movement.

Either of the above directions of change could lead to another long period of economic expansion which, while good for job creation, would accelerate the global climate change that is threatening the survival of civilization. Any effective form of capitalism requires, and produces, increasing production of commodities, a process that is no longer compatible with an environment of fixed resources.

Any form of restructuring takes time, and while it proceeds continuing stagnation is likely to eventually spur the growth of popular movements that question whether capitalism itself can any longer meet the needs of the majority. The endless profit drive of capitalism leads to ever increasing production of commodities regardless of human needs and regardless of the environmental consequences. The rebirth of a socialist movement would offer an alternative – a democratic participatory planned economy that could bring a period of rising human welfare for all in an environmentally sustainable manner.

No economic law dictates the outcome in a period of structural crisis of capitalism such as prevails today. While some form of restructuring is on the agenda, the direction of change – reactionary, reformist, or radical – will be determined by the struggles among various groups in the context of an ongoing economic crisis. How this plays out in the coming years will decide the economic and political future for some time to come.

I'd imagine that a number of thinking people who have lived thru these long decades of neoliberalism are also aware that our planet's changing climate and the survival of the masses of people, working people, and every other living thing on earth might just hinge on the fix that is made to this crumbling capitalism the world spins on.

You, yourself, may not have noticed it, but members of DU have been discussing it since the site's inception.