• DrivebyHaiku@lemmy.ca
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    5 hours ago

    The “right” shy of outright fascists are neoliberals. The term was coined in the eighties and describes a system that like Liberalism classic works primarily off of an idea of a protected class of citizen (as opposed to lesser protected classes of non-citizen) with a series of fundemental “rights” to basic protected freedoms from government interference and choice of “style of life” based around a personal property centric system.

    Where Neo-liberalism differs is it detests the welfare state, seeks widespread government deregulation as they see it as an economic deficit, practice widespread government austerity in public programs and seeks to privatize swaths of government services to create new market sectors.

    Neo doesn’t mean new in a “of the minute” kind of way. The people who came up with the distinction between liberal branches were describing the likes of Ronald Regan and Margret Thatcher.