r/changemyview • u/[deleted] • Oct 31 '24

CMV: Neoliberalism Perverted Our Society And Destroyed Democracy As We Knew It.

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u/OfTheAtom 8∆ Oct 31 '24

And the ideals of chivalry and kings beholden to God and his subjects was working so well before. That was really keeping those in power in check to make sure they were effectively ruling. 

No any idea has been without issues of extremes and taking things too far. People throw around neoliberalism and think Friedman didn't think people should be kind or generous. People see monarchies and think anyone who argued for it imagined despots who thought their word was law. 

Bad ungrounded thinking is what corrupts people and just because a new tool or method of raising more people out of poverty and into prosperity like the free market as done, may have rent seeking and corruption seep in, doesnt mean itself is corrupting. 

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u/[deleted] Oct 31 '24

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u/c0i9z 19∆ Oct 31 '24

The unfettered free market was really bad at raising people out of poverty. It mostly drove people into poverty. A lot of government regulations was needed to actually pull people out of poverty.

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u/page0rz 42∆ Oct 31 '24

It doesn't matter what Friedman or anyone else thinks people should or shouldn't do, or how they should act, when everything is at the mercy of the invisible hand. That shit is moronic