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applegrove

(131,466 posts)
Sun Jun 26, 2016, 07:19 PM Jun 2016

Liberal came from the idea of liberal trade. Neoliberalism is unfettered capitalism and unfettered [View all]

trade where they laws are written by the right, and the left protests and self-excuses themselves from the discussion by protest. Trade laws can be anything you want them to be. They could be having union representation on boards of directors like they have in germany. They could be sophisticated financial regulation like what the Governor of the Bank of England was working on with his colleagues before Brexit. Trade creates wealth. It creates winners and losers. Then you tax it properly so that the losers in free trade have support and opportunity. Business does not get it all. These are liberal ideas just like free trade is. Neoliberalism is millenium type trade with 19th century regulations (no regulations and a boom bust existance).

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