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The scam of the Reagan-era neoliberalism is crumbling—and there’s a battle for its replacement — Thom Hartmann

Summary:
Speculative but interesting if you are interested in historical cycles. Hartmann sees the battle for replacement of neoliberalism (Thatcherism/Reaganism, "trickle down") as being between progressivism  on the left and populism, which he labels neo-fascism, on the right. Of course, the right labels progressivism as socialism and even communism. So it will be interesting to see this play out in the elections of US elections of '22 (midterm) and '24 (general). The GOP is already positioned toward populism, whereas the Democrats are locked in a struggle between the neoliberal (Clinton-Obama-Biden wing that is dominant) and the progressive (Bernie Sanders wing). At this point, the political energy favors the mostly unified GOP against the fractured Democrats.AlterNetThe scam of the Reagan-era

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Speculative but interesting if you are interested in historical cycles. Hartmann sees the battle for replacement of neoliberalism (Thatcherism/Reaganism, "trickle down") as being between progressivism  on the left and populism, which he labels neo-fascism, on the right. Of course, the right labels progressivism as socialism and even communism. So it will be interesting to see this play out in the elections of US elections of '22 (midterm) and '24 (general). The GOP is already positioned toward populism, whereas the Democrats are locked in a struggle between the neoliberal (Clinton-Obama-Biden wing that is dominant) and the progressive (Bernie Sanders wing). At this point, the political energy favors the mostly unified GOP against the fractured Democrats.

AlterNet
The scam of the Reagan-era neoliberalism is crumbling — and there's a battle for its replacement
Thom Hartmann

https://www.alternet.org/2021/12/ronald-reagan-era-neoliberal/

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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