I saw this on a TL;DR (Not Teal Deer) post that was sent to me by a Neo-Lib friend of mine. It's all dialectical materialism. Inflation is the sole cause of establishment politics being threatened.
No. Each of the countries they cite have their own major issues that each government is separately bungling. However, the Neo-Liberal Order's policies are pushing governments to behave incompetently in order to support the system. This "inflation did it" is merely an attempt to deflect responsibility from Globalism and to ignore the nuance of each case.
They all exercised the same type of monetary policy. At this broad a level, maybe all you can see is the reaction to that. I don't know which these are, but each probably has an immigration issue.
It's a shit load, including Mexico, Chad, and South Africa. There's no question that "immigration" is definitely a sore spot for all of the western countries though.
The Neo-Liberal order (and it's required monetary policy) aren't blameless here, but "inflation" is far too reductive.
A cultural shift is a real thing, too. God knows we've seen them in the prog direction. Immigration is second only to the economy in voter polls, and concern about immigration boils down for most people to concern about their own personal economic situation. I think that's why you see some alignments that people consider odd. Like Hispanics voting for a border wall. For people who have immigrants competing for their jobs and bringing wages down, immigration is an economic issue. For people who benefit from cheap labor, it's also an economic issue. And I feel like most people know which side of this they're on.
When we observe the immigration is good for GDP yet still people think of it as an economic threat, this is because such GDP gains are far from evenly distributed. More people win than I think people realize. Not just robber barons but the people who consooom too.
I saw this on a TL;DR (Not Teal Deer) post that was sent to me by a Neo-Lib friend of mine. It's all dialectical materialism. Inflation is the sole cause of establishment politics being threatened.
No. Each of the countries they cite have their own major issues that each government is separately bungling. However, the Neo-Liberal Order's policies are pushing governments to behave incompetently in order to support the system. This "inflation did it" is merely an attempt to deflect responsibility from Globalism and to ignore the nuance of each case.
They all exercised the same type of monetary policy. At this broad a level, maybe all you can see is the reaction to that. I don't know which these are, but each probably has an immigration issue.
It's a shit load, including Mexico, Chad, and South Africa. There's no question that "immigration" is definitely a sore spot for all of the western countries though.
The Neo-Liberal order (and it's required monetary policy) aren't blameless here, but "inflation" is far too reductive.
A cultural shift is a real thing, too. God knows we've seen them in the prog direction. Immigration is second only to the economy in voter polls, and concern about immigration boils down for most people to concern about their own personal economic situation. I think that's why you see some alignments that people consider odd. Like Hispanics voting for a border wall. For people who have immigrants competing for their jobs and bringing wages down, immigration is an economic issue. For people who benefit from cheap labor, it's also an economic issue. And I feel like most people know which side of this they're on.
When we observe the immigration is good for GDP yet still people think of it as an economic threat, this is because such GDP gains are far from evenly distributed. More people win than I think people realize. Not just robber barons but the people who consooom too.
GDP is fake and gay.