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[–] 65 points 2 years ago
[–] 49 points 2 years ago

Nice, so a political economy that fuses corporate interests with the state (might call it, hmm, corporatism), crushes dissent with police violence and lawfare, commits to privatizing public goods, and overthrows democratically elected leaders, contributes to fascism? Damn that's crazy cuz that already just sounds like fascism, lol

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  • [–] 41 points 2 years ago (1 child)

    "It is not the minimalist state advocated by libertarians, or even the highly constricted state envisioned by neoliberalism.

    "Rather, the answer is something along the lines of a rejuvenated European social democracy or a new American Progressive Capitalism, a twenty-first century version of social democracy or of the Scandinavian welfare state."

    80 years of cold war propaganda and we're just gonna pretend the other thing doesn't exist. "What is to be done?" 🤔

    It's been 80yrs of "socialism is when the government does stuff and the more stuff it does the more socialist it is". The average western brain is now thinking "hey maybe the government doing some stuff is actually good".

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  • [–] 39 points 2 years ago

    not-built-for-this

    You don't say. You're telling me that heightening the contradictions of capitalism while also crushing socialism and labor-oriented solutions leads people toward the waiting embrace of reactionary politics, national chauvinism, and fascism? No way!

    How did our new gilded age lead to fascism when that's what happened last time! How could anyone have seen this coming?!

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  • [–] 35 points 2 years ago (3 children)

    Gee no shit pal. They give out the Nobel for stating the obvious now?

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  • [–] 16 points 2 years ago

    Stiglitz didn’t get the Nobel prize for claiming that neoliberal capitalism contributes to the rise of fascism. He got it for explaining how information asymmetries destroy the fantasy of perfect markets.

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  • [–] 30 points 2 years ago (1 child)

    trump-who-must-go Wow. I didn't know that. You are telling me now for the first time.

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  • [–] 30 points 2 years ago
    [–] 28 points 2 years ago (3 children)

    Fascism has led to fascism

    Wooooww

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  • [–] [S] 13 points 2 years ago (2 children)

    I find it's more the admission itself. It's something we've all known, but now we have it from a mainstream liberal.

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  • [–] 26 points 2 years ago*

    reminder that there's no such thing as a Nobel prize in economics, and this guy won the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel"

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  • [+] 25 points 2 years ago* (last edited 1 year ago)
    [–] 24 points 2 years ago

    Oh yeah, well Nobel laureate Paul Krugman says "nuh-uh!". Checkmate leftists!

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  • [–] 22 points 2 years ago

    Give this man free parking at UC Berlekey.

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  • [–] 20 points 2 years ago*

    Nobel laureate

    is it a real Nobel or that shit-ass fake economics one

    EDIT: it's the shit-ass fake one

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  • [–] 20 points 2 years ago

    ya don't say

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  • [–] 15 points 2 years ago
    [–] 13 points 2 years ago
    [–] 12 points 2 years ago

    Nobel laureate Barack Obama says "actually no, it hasn't, and I was always coconutpilled".

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  • [–] 12 points 2 years ago (3 children)

    Well they're not all idiots lol.

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  • [–] 11 points 2 years ago (2 children)

    Stiglitz regularly contributes to CEPR, which is half decent.

    They are liberal but one if the few honest and humanistic ones.

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  • [–] 8 points 2 years ago
    [–] 8 points 2 years ago
    [–] 7 points 2 years ago

    Is this the war criminal type of Nobel Laureate?

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