Are you a neoliberal?

In response to the above post I counter that the road to rejecting neoliberalism begins with rejecting false beliefs about money.

As long as we falsely believe that money is physical and limited, and that the U.S. government needs tax revenue, and has a “debt crisis,” we will be neoliberals ourselves, if not consciously then subconsciously.

The neoliberal brain is governed by the program at right, as is the brain of anyone who believes the lie that federal dollars are “limited.” Naturally we want to get some of the government’s “limited” money ourselves. Naturally we do not want the poor to “get it all.”

Hatred of the poor sustains false beliefs about money. In turn, false beliefs about money sustain hatred of the poor (whose ranks grow every day).

That is, the reason we falsely believe that federal dollars are “limited” is so we can falsely believe that poor people are lazy — and vice-versa. This makes us neoliberals in our own way.

Most people in the lower classes tend to vote against their own interests because they believe the lies described here. Hence they are essentially neoliberals, seeking to screw the people below them, and thereby letting themselves be screwed by the people above then.

Long-winded analyses are unnecessary. Neoliberalism is simply the impulse to rob others, and to rationalize the robbery. This game is played in various forms at all levels of society.

The problem is not shortages, but maldistribution, caused by collective selfishness. When we as individuals moderate our selfishness, we cease believing that federal dollars are limited, and that poor people are lazy. We understand that Food Stamp benefits, for example, boost the overall economy, and thereby help recipients and non-recipients alike. Food Stamp benefits are a form of money that the U.S. government creates out of thin air, just like Social Security benefits, and just like dollars themselves.

(Incidentally the purpose of Food Stamps is to keep American peasants from revolting. Throughout history there have been many causes of revolutions, but the actual triggers have always been hunger. In any society, the peasants will submit to endless poverty and abuse, as long as they have something to eat. Therefore when the Trump talks about cutting Food Stamp benefits, he is just playing games. Democrats, meanwhile play their own style of games.)

Republicans and Democrats both get power by supporting the same lies about money. For Republicans the lies validate their desire to cut social programs in order to widen the gap between the rich and the rest. (“Social Security is insolvent!”) For Democrats the lies about money validate their false claim that, “We are your only protection against Republicans!”

Naturally the corporate media outlets work hard to sustain the lie that dollars are limited, and the U.S. government runs on loans and taxes. An example is the garbage below from the Washington Post, which has been reprinted by numerous blogs….

The entire article is premised on the lie that the U.S. government does not create its spending money out of thin air, and must rely on loans and on tax revenue.

The Treasury Department had $177 billion in its cash account as of Tuesday, a cash pile that it is drawing down because the government is limited in how much it can borrow by the debt ceiling.

Lies, lies, and more lies, all of them designed to make you falsely think that dollars are physical and limited, so that you meekly submit to poverty and inequality.

I read some of the reader comments below the  Washington Post article. Everyone believes the lies. Therefore everyone is more or less a neoliberal. Therefore few people squawk when Trump vows to privatize America’s infrastructure, turning national highways into toll roads, for example. After all, the U.S. government is “broke,” right?

Privatization of the national infrastructure will cause the price of all consumer goods to rise dramatically, but we would rather live with poverty than live without lies.

Trump says his first target for privatization will be air traffic control. He plans to fire more than 30,000 FAA workers (including 14,000 air traffic controllers). He says they will be better off working for a private owner who will do everything possible to drive down their wages, and cut the quality of the service. Don’t be surprised if mid-air collisions become routine.

Some people don’t want privatization to happen, but they will ensure that it does happen, because they insist on believing the lie that federal dollars are physical and limited.  Hence they have no answer when Trump falsely claims that, “We must privatize because the U.S. government is broke.”

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5 thoughts on “Are you a neoliberal?

  1. “Austerity: The billionaires in business telling the millionaires in politics the rest of us are greedy”. Don’t know who said it exactly but it rings true.

    BTW, its nice to see you are back.

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  2. Hi Liz. Are you the resultist? If the government granted everyone ten or twenty thousand dollars or more a year, what percent of people would spend it unwisely? Would that be enough to cause inflation? If so, would the inflation be a real problem for anyone?

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    1. @ L Kinder

      QUESTION: Hi Liz. Are you the resultist?

      RESPONSE: No, I am not Elizabeth Harris of “Resultist Consulting.” https://www.resultist.com/

      QUESTION: If the government granted everyone ten or twenty thousand dollars or more a year, what percent of people would spend it unwisely? Would that be enough to cause inflation? If so, would the inflation be a real problem for anyone?

      RESPONSE: Ten or twenty thousand dollars or more a year would boost the economy, regardless of what people spent their money on, since more money would change hands overall.

      Would this cause inflation? No. Inflation happens when there is an imbalance between [1] the supply of money and [2] the demand for money.

      Put more simply, inflation happens when there is a shortage of consumer goods.

      EXAMPLE ONE: During World War II, employment in the USA was near 100%, but consumer goods were rationed for the war effort. Everyone had a salary, but there was little to spend their money on. This threatened to cause the prices of available consumer goods to skyrocket. Sellers could charge whatever they liked, since so much money was floating around. The result was a potential for inflation, which – if severe — can cause economic chaos. To prevent inflation during the war, the U.S. government needed a way to get money back out of the economy, and it did so by introducing a withholding tax on every paycheck, and by encouraging people to buy “war bonds.” The withholding tax destroyed dollars. Meanwhile “war bonds” immobilized dollars until the bonds matured. Either way, money was removed from the economy, and inflation was averted. In both cases the government lied to the masses, claiming that the withholding tax and the “war bonds” were needed to “fund the war.” The truth is that the U.S. government used the withholding tax and the “war bonds” to prevent wartime inflation. The U.S. government needed no “funding,” since the government had infinite money, and still does today. After the war, consumer goods became plentiful again. The U.S. government stopped encouraging people to buy “war bonds,” but the government left the withholding tax in place, so that the masses would (falsely) think that the U.S. government needs tax revenue. Politicians use this lie to make us grovel for droplets of water from an inexhaustible well.

      EXAMPLE TWO: Venezuela’s oil boom (starting in 1914) caused people to migrate from rural areas to the cities in search of jobs. These migrants collected into vast slums and shantytowns. As a result, Venezuela ceased to be self-sufficient in consumer goods, and was forced to buy consumer goods from abroad. This was not a problem as long as Venezuela could sell oil to get foreign currency with which to buy imports. However in June 2014, the price of crude oil started plunging, since the supply of oil was much greater than the demand for oil. Oil on the world market plunged from $107.00 per barrel in June 2014 down to $26.00 per barrel by February 2016. (Today it is about $42.00 per barrel.) Since Venezuela is not self-sufficient, and does not have enough money to buy enough imports, Venezuela has a shortage of consumer goods. These shortages are worsened by rich owners of stores who hoard consumer goods in order to cause chaos, since they hate the president. These shortages, plus rampant currency speculation, have caused a severe inflation problem in Venezuela. Sellers can charge whatever prices they like.

      Now I ask you…

      [1] Does the USA have a shortage of consumer goods? No.

      [2] Does the USA need foreign currencies? No, since the U.S. dollar is accepted worldwide.

      Therefore if the government granted everyone ten or twenty thousand dollars or more a year, it would not cause inflation. Americans would have more money to buy more stuff, and they would be better able to avoid debt slavery.

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