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View Diary: Bill Clinton: I Shouldn't Have Listened to Summers and Rubin [Substantive Update] (341 comments)

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  •  Why are they still on Obama's economic team??? (2+ / 0-)
    Recommended by:
    Badabing, mkor7

    Not good enough that Clinton comes out trying to resurrect his image. The neo-liberal nonsense is continuing under Obama. These people should be fired- period! They are incompetent and Obama's slow movement on anything to address the damage the neo-liberals have leashed on middle class America is not inspiring confidence.

    •  Because in neo-liberalism (3+ / 0-)
      the Democrats serve the role of the tweakers of the religion. They are not fundamentalist like the REpublicans, but they are still true believers. Thus, they feel that if you tweak around the edges (blame it on a particular policy such as derivatives rather than the underlying ideological perspective) then you solve the problem. Or as I have said before- they are putting out the fire in one room although the fire was started by an electric system that is faulty throughout the entire house.
      •  If that's what you call "neo-liberals", (1+ / 0-)
        Recommended by:
        askew

        do you call those that want to destroy the system (damn the consequences) and try to start from scratch?  "Radical-liberals"?  "Bolsheviks"?  The term "progressive" doesn't really fit.

        As for people being "true believers", which is more of a "true believer", one that wants to tweak to fix things so as to take the least amount of risk in causing total collapse, or the one that wants to destroy the system and put in place a brand new one?  The latter sounds like a James Bond villain, "I must destroy the world to recreate it as I see fit; it's the only way to save mankind" gibberish.

        Using your analogy, you'd fix the electrical system by destroying the house and rebuilding it with a brand new untested design, while the occupants are homeless in the meantime.

        •  Huh? (0+ / 0-)

          Who wants to destroy the system and put a new one in place?

          "Those who stand for nothing fall for anything...Mankind are forever destined to be the dupes of bold & cunning imposture" --Alexander Hamilton

          by kovie on Sun Apr 18, 2010 at 07:56:34 PM PDT

          [ Parent ]

          •  Most Americans (0+ / 0-)

            have been taught to think of neo-liberalism as the same as capitalism rather than an ideological pespective about capitalism. So I imagine that's from where this draws, but I am not 100 percent sure.

            •  I was just trying to figure out the straw man (0+ / 0-)

              No one's calling for the destruction of anything, except perhaps of neoliberalism as a legitimate economic ideology, which I'm wholeheartedly in favor of. But capitalism itself, no one's saying that we need to "destroy" and rebuild it. If what you're saying is what was actually meant, it was a straw man that barely merits a serious response.

              "Those who stand for nothing fall for anything...Mankind are forever destined to be the dupes of bold & cunning imposture" --Alexander Hamilton

              by kovie on Mon Apr 19, 2010 at 12:39:31 PM PDT

              [ Parent ]

              •  I can only guess (0+ / 0-)

                It just makes sense based on the rant that this is what they mean. I am not by any means certain. Although my interpretation, if right, may be a straw man, it is unfortunately how too many view economic issues. That neo-liberal ideological believes are in fact capitalism rather than an ideological perspective. Most Americans simply have not been taught to think of capitalism in a sophisticated enough manner to go beyond capitalism or socialism. There is no other way to view any arguments over markets to them. Thus, someone said to me recently that anti-trust law is "socialist."  Something they picked up on some right wing blog or newscast.

                •  Sigh (0+ / 0-)

                  Capitalism is an economic system. Systems have rules. End of lesson.

                  If someone's too stupid to process that, then they are beyond help.

                  "Those who stand for nothing fall for anything...Mankind are forever destined to be the dupes of bold & cunning imposture" --Alexander Hamilton

                  by kovie on Mon Apr 19, 2010 at 04:06:26 PM PDT

                  [ Parent ]

        •  I don't understand your comment (0+ / 0-)

          Are you under the belief as many in the US are that the only way to run a capitalism is under neo-liberalism? Neo-liberalism is an ideological perspective. Over the last few decades it has come to be considered capitalism itself,a nd that's simply not true. If you want to know what I think, ask e rather than telling me.

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