Can America's Middle Class Be Saved? Hidden History of the American Dream Part III - Thom Hartmann

[Rhiannon12866]

Thom Hartmann explains how the middle class can win against the billionaires, the morbidly rich and the forces of unchecked capitalism. - 11/29/2024.

[appalachiablue]

1. Joseph Stiglitz, The Msg to Democrats is Clear: You Must Dump Neoliberal Economics

- 'The message to Democrats is clear: you must dump neoliberal economics,' by Joseph Stiglitz, The Guardian, Nov. 28, 2024. - The party must return to its progressive roots. A new economy is needed with new rules and new roles
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As the shock of Donald Trump’s victory sinks in, pundits and politicians are mulling what it means for the future of the US and global politics. Understanding why such a divisive, unqualified figure won again is crucial for the Democrats. Did they go too far left and lose the moderate Americans who make up a majority? Or did centrist neoliberalism – pursued by Democratic presidents since Bill Clinton – fail to deliver, thus creating a demand for change?

To me, the answer is clear: 40 years of neoliberalism have left the US with unprecedented inequality, stagnation in the middle of the income spectrum (and worse for those below), and declining average life expectancy (highlighted by mounting “deaths of despair”). The American Dream is being killed, and although President Joe Biden and Vice-President Kamala Harris distanced themselves from neoliberalism with their embrace of industrial policies, as representatives of the mainstream establishment, they remained associated with its legacy...
https://www.theguardian.com/business/2024/nov/28/the-message-to-democrats-is-clear-you-must-dump-neoliberal-economics
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- 'Joseph Stiglitz's Msg to Democrats: Dump Neoliberal/Reagan Economics,' Daily Kos, 11.28.24,
US Income Inequality is Higher Than at the Time of the French Revolution...
https://www.dailykos.com/stories/2024/11/28/2289226/-Joseph-Stigleitz-s-Message-to-Democrats-Dump-Neoliberal-Economics

[burrowowl]

2. Yes! Americans don't know what neoliberalism means

taxi drivers in Mexico do, we have swallowed the capitalist propaganda lock stock and barrel

[appalachiablue]

3. Instead of the confusing neoliberalism I often say free market, Reaganomics

and Thatchernomics which gets through to people somewhat.

After 40 plus years of these policies we're in serious trouble economically and socially. Most Americans don't follow decent, hard to find news, are uninformed and fall easily for fascist propaganda. It's too much strain on society, things have to change somehow.

Thanks for the reply, good to know taxi drivers in Mexico are familiar with neoliberalism. I've found drivers in my area to be fairly informed, some even listen to the rare democratic, progressive radio program.

See you at the barricades! Lol