Neoliberalism | US Political Polarization
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- Опубликовано: 9 июл 2024
- Neoliberalism is why we’ve become so unequal over the course of this party system. As a result, the US is more divided politically than most of us can remember. I'm a cultural historian, as in I study the cultural significance of historical events, so it pains me to admit this, but the economy has more influence than anything else upon political opinions, so neoliberalism is the most important component of America's political polarization. characteristics that unify neoliberals which are:
-emphasis of individuality and rejection of groups
-market liberalism and fiscal conservatism (which are kinda the same thing)
-privatization of public goods and infrastructure
-deregulating any corporations
-austerity measures against welfare
-and free trade agreements which allow for more rapid globalization
errata
7:00 Hayek was the oldest man ever, lol, but actually born in 1899-1992 (thx Joshua Bell)
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See pinned comment and its replies for notes, responses, and errata
References
Moreton Bethany, To Serve God and Wal-Mart: The Making of Christian Free Enterprise (Cambridge, Mass.; Harvard University Press, 2009). amzn.to/33uFrmn
Jefferson Cowie, The Great Exception: The New Deal and the Limits of American Politics (Princeton, N.Jer.: Princeton University Press, 2016). amzn.to/2ZbPOar
Jefferson Cowie, Stayin’ Alive: The 1970s and the Last Days of the Working Class (New York: The New Press, 2010). amzn.to/2KQT8Tb
Thomas Frank, The People, No: A Brief History of Anti-Populism (New York: Henry Holt and Company, 2020), audiobook. amzn.to/3usnwZx
David Harvey, A Brief History of Neoliberalism (Oxford, UK: Oxford University Press, 2007), audiobook. amzn.to/3enlCDM
Robert L. Heilbroner, The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers, 7th ed. (1953; New York: Touchstone Books, 1999). amzn.to/2DMU7Ef
Jonathan Hopkin, Anti-System Politics Audiobook: The Crisis of Market Liberalism in Rich Democracies (Oxford, UK: Oxford University Press, 2020), audiobook. amzn.to/2RvrTVf
Julilly Kohler-Hausmann, Getting Tough: Welfare and Imprisonment in 1970s America (Princeton, N.Jer.: Princeton University Press, 2017). amzn.to/2M2ol7j
Kevin M. Kruse and Julian E. Zelizer, Fault Lines: A History of the United States Since 1974 (New York: W.W. Norton, 2019). amzn.to/2Zh3pxe
Kim Phillips-Fein, Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics (New York: Metropolitan Books, 2017). amzn.to/34a9xLA
Daniel Rodgers, Age of Fracture (Cambridge, Mass.: Harvard University Press, 2011). amzn.to/2Zbc6ZU
Elizabeth Tandy Shermer, Sunbelt Capitalism: Phoenix and the Transformation of American Politics (Philadelphia: University of Pennsylvania Press, 2013). amzn.to/2Z0IClY
Judith Stein, Pivotal Decade: How the United States Traded Factories for Finance in the Seventies (New Haven, Conn.: Yale University Press, 2010). amzn.to/2HcwiEs
Thomas Sugrue, The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit (Princeton, N.Jer.: Princeton University Press, 1996). amzn.to/3elUW6l
Karen M. Tani, States of Dependency: Welfare, Rights, and American Governance, 1935-1972 (Cambridge, UK: Cambridge University Press, 2016). amzn.to/2ScI0n2
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See following replies for corrections and additional info, but first, here are some related videos to check out:
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10:25 - Race Riots: ruclips.net/video/tAbkCU5nBhM/видео.html
10:30 - Detroit: ruclips.net/video/-aWoe17Fa0k/видео.html
14:30 - WILSOOOON! playlist: ruclips.net/p/PLjnwpaclU4wXmCcEx0vfIim_jFMkgtLmS
14:40 - police militarization: ruclips.net/video/HehnDHNoItk/видео.html
19:30 - anti-conspiracism playlist: ruclips.net/p/PLjnwpaclU4wWS-H7U62SqWWEA-y2eqzoQ
24:00 - what caused the GWOT: ruclips.net/video/7Nwe0ehW2nY/видео.html
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*errata*
7:00 Hayek was the oldest man ever, lol, but actually born in 1899-1992 (thx Joshua Bell)
*References*
Moreton Bethany, _To Serve God and Wal-Mart: The Making of Christian Free Enterprise_ (Cambridge, Mass.; Harvard University Press, 2009). amzn.to/33uFrmn
Jefferson Cowie, _The Great Exception: The New Deal and the Limits of American Politics_ (Princeton, N.Jer.: Princeton University Press, 2016). amzn.to/2ZbPOar
Jefferson Cowie, _Stayin’ Alive: The 1970s and the Last Days of the Working Class_ (New York: The New Press, 2010). amzn.to/2KQT8Tb
Thomas Frank, _The People, No: A Brief History of Anti-Populism_ (New York: Henry Holt and Company, 2020), audiobook. amzn.to/3usnwZx
David Harvey, _A Brief History of Neoliberalism_ (Oxford, UK: Oxford University Press, 2007), audiobook. amzn.to/3enlCDM
Robert L. Heilbroner, _The Worldly Philosophers: The Lives, Times And Ideas Of The Great Economic Thinkers,_ 7th ed. (1953; New York: Touchstone Books, 1999). amzn.to/2DMU7Ef
Jonathan Hopkin, _Anti-System Politics Audiobook: The Crisis of Market Liberalism in Rich Democracies_ (Oxford, UK: Oxford University Press, 2020), audiobook. amzn.to/2RvrTVf
Julilly Kohler-Hausmann, _Getting Tough: Welfare and Imprisonment in 1970s America_ (Princeton, N.Jer.: Princeton University Press, 2017). amzn.to/2M2ol7j
Kevin M. Kruse and Julian E. Zelizer, _Fault Lines: A History of the United States Since 1974_ (New York: W.W. Norton, 2019). amzn.to/2Zh3pxe
Kim Phillips-Fein, _Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics_ (New York: Metropolitan Books, 2017). amzn.to/34a9xLA
Daniel Rodgers, _Age of Fracture_ (Cambridge, Mass.: Harvard University Press, 2011). amzn.to/2Zbc6ZU
Elizabeth Tandy Shermer, _Sunbelt Capitalism: Phoenix and the Transformation of American Politics_ (Philadelphia: University of Pennsylvania Press, 2013). amzn.to/2Z0IClY
Judith Stein, _Pivotal Decade: How the United States Traded Factories for Finance in the Seventies_ (New Haven, Conn.: Yale University Press, 2010). amzn.to/2HcwiEs
Thomas Sugrue, _The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit_ (Princeton, N.Jer.: Princeton University Press, 1996). amzn.to/3elUW6l
Karen M. Tani, _States of Dependency: Welfare, Rights, and American Governance, 1935-1972_ (Cambridge, UK: Cambridge University Press, 2016). amzn.to/2ScI0n2
Good video but I would highly recommend looking into the work of Philip Mirowski, Dieter Plehwe, and Quinn Slobodian for more on the historical origins of the neoliberal thought collective
Here's an article by Professor Mirowski that could shed some light
americanaffairsjournal.org/2018/02/neoliberalism-movement-dare-not-speak-name/
Just got the Wilson shirt! So happy to support this amazing channel.
Reagan be like “I hate the government.” But like…he is the government…
Hmmmm... suspicious.
"A government of the people, by the people and for the people" Didn't one of your other presidents say that?
Why does the name Bisexual Dennis Prager make me laugh so much? Don’t know, don’t care. I love it.
He was the head of the executive branch, not the whole government. He, like Trump, wanted to impose his neoliberal agenda and neuter the federal government.
@@philipcollier7805 government is one thing. It’s made up of things. One of which was him.
Thus, he is the government.
Make sense now?
As a disabled car guy, I just wanna point out how exceedingly cool it is that FDR drove around in a car modified for his disability, and he did everything publicly he could from the driver's seat of said car 🙂
That's all, it just makes me happy 😁
What's it like being a broken down car? Ever gonna get yo'sef fixed?
@@itsblitz4437 at least he ain't Wilson, damn grease bastard
@@nash984954 It's called a loving and caring family, I know 80% of the U.S. has no idea what that is..
@@prevaloir5362 what?
I thought it was a decent joke for a YT comment
@@swayback7375 mine was too
Moral of the story: don’t elect presidents with “Wilson” in their names
WIIILLLLLSOOOOOONNNN
@@jurtra9090 what i immediately thought of too lol
Aww, I've loved all presidents with Wilson in their name :(
@@jurtra9090 Tom Hanks: **screaming in the distance**
In fact, why not try K!ll¡ng anyone that has "Wilson" in their name?
For all the people who think history is boring or doesn't have any bearing on their daily lives, I always explain it's the story of us, it explains why the world is the way it is right now. I really appreciate this video since it really is a direct link to how relative recent history has shaped the world of today.
Unfortunately it’s a single European perspective. There’s no need for a cohesive narrative anymore. Cohesive narratives are self serving as we’ve seen throughout the history of the west.
History... His story... Ahh, I get it.
Or it's because you're being taught the history that the board of education wants you to learn about, so you never learn how horrible your country truly is until you seek history yourself. At that point EVERYONE loves history.
Historical materialism, I agree
Mfs be like: History doesn't affect my life, i don't need to learn it.
And then they go and believe red sacare and neoliberal manipulation of history so elites empobrish them more and their quality of life decrease.
7:00 Friedrich Hayek died at the ripe old age of 1733. What a storied life he lived
He must’ve seen a lot of history along the way and just forgot to tell everyone about it.
Fun with typos.
Cynical has to see this
No! Hayek will live forever!!! Lol
some months ago Timeghost let slip that Dwight D Eisenhower lived until the year 19469
"I am not a crook." - He in fact, was.
"Read my lips: no new taxes." - There were, in fact, new taxes.
I'm sensing a trend here...something like politicians telling us whatever we want to hear while on the campaign trail...
Bidens writing his list of forgotten promises, but he's riding on the popularity sugar rush of the people getting the bare minimum because a pandemic made him do it.
@@brosefmcman8264 i’d narrowly agree - in a sense, every election is rigged by fooling us into arguing with each other that one party is better than another when they both serve the same masters.
while reagan exploded the debt...
So we should expect malarkey from Biden? Hmm...
"If you already have health insurance, your rates won't go up. If you like your doctor, you can keep your doctor."
"We're going to build the wall, and Mexico is going to pay for it."
Jesus Christ, no wonder George Carlin became more and more jaded.
Now if Bill Hicks had lived longer
@@itsblitz4437 Comedian, 60's counter culture, most famous for his "7 words you can't say on TV" but he did other good stuff. You probably know him as Rufus from Bill and Ted, if you know him at all. Check out is HBO specials, the later ones, very jaded and political.
He was also, strangely, on the kids show Shining Time Station, aka Thomas the tank engine, on PBS. You can see much of his stuff here on yt, though a lot of the more scathing and unflinching material critical on our current society is missing, and that's his best stuff imo.
@@jon-paulfilkins7820 Radio, not tv.
@@nomad155 Id guess ignorance of the audience. In Germany we had a even more political satire comedian that called it a day after having more or less the same program for 30 years without any change in thinking of the audience. They laughed, clapped and went home to support the same rigged shit over and over again. He even had many bits criticizing his audience for exactly that.... laughter clapping. His name is Volker Pispers
"Embrace the suck" is something forever engraved in brain 🧠
Embrace the Zucc, as in Zuckerberg of Facebook is how I interpreted it
@RogerwilcoFoxtrot Learned it in the A.F. One of the first pieces of advice I was given. That and "hurry up and wait".
It sucks and blows.
I heard something like that when i watch Jarhead movie
@@jurtra9090 It started around the time of the gulf war
Nixon: “I am not a crook”
Cynical Historian: “He, in fact, was.” 😂😂😂☠️
all politicians are crooks
@@marseldagistani1989 they’re all neoliberalist.
@Apistevist SS1964 He was born into a quaker family lmao. He definitely did not live a "Quaker life" as it were. Quaker and Nazi in the same sentence is an oxymoron, they are polar opposites. Fun fact: American Quakers (or Quaker migrants from Great Britain) were one of the first and largest supporters of obolishing slavery in the U.S.
Quakers have a long history of pacifism, they did not harbor arms either. These are just a couple reasons why Quakers are known as the "Society of Friends". They are definitely one of the most interesting religious groups that fled Great Britain leading up to the American Revolutionary War, I believe. Quakers, were some of the most reasonable men and women in early American history. They were a large reason states such as Pennsylvania obolished slavery. (PA was the first state to obolish slavery in 1780) Since Quakers did not "settle" disputes with "outward" weapons, as was a common practice in recent generations. Quakers became one of the first well organized political factions (in terms of a growing ideology).
@@Ebbs-ez2fs I'm not religious at all but quakers seem pretty cool
@@Kobolds_in_a_trenchcoat yeah bro neither am I. But yes, I've always thought so aswell. Super interesting. In fact, a Quaker named Samuel Townsend was also a major informant (in British Occupied NY City) for the Culper Spy Ring which reported directly to Gorege Washington during the Revolutionary War. They provided vital intelligence that led to major American Victories at Trenton, and Yorktown. The Culper ring also exposed American Traitors like Benedict Arnold and Charles Lee. Crazy how we don't learn about that in K-12 lmaoo
The suppression of King Richard's opinion there at the end is the true injustice.
Actually I've really been looking forward to this episode, thank you for your work!
As scar once said “long live the king.”
As an eastern european (specifically romanian) it's fascinating how we've been fast tracking most US trends ever since the fall of communism. Your videos give a LOT of context we otherwise wouldn't get. Cheers to that :)))
I also thought about that. I'm from Moldova and the ex Soviet republics all went abruptly from the most regulated and socialized economy to the complete unregulated market. All that with a population not used to the market, a government not familiar with how to regulate markets to protect from shady and sometimes criminal business activities made the countries a wild west of mafia and corrupt politicians exploiting the whole population which only after decades learned the hard way how the system works and how people at the top use it.
That's a feature, not a bug, dude. The US has done alot in the 1990's and 200's to export its model of development (a joke?) to the rest of the world.
Sorry but as a fellow Romanian what neo-liberal trends are we tracking? Our shitshow called healthcare system is 100% state own, our awful infrastructure is mostly state own, most of the bussiness are heavly regulated (have you tried to open a bussiness in Romania vs USA or most Western Countries), our state bureaucracy is notoriously big, we have a welfare system that all it does is keeping in generational proverty poorer places of the country and is used as a political tool by mainstream parties to milk votes (especially PSD but not only), our taxes are pretty big and the so called privatisations where only companies given from state ownership to some individuals with good political connections.
@@dorinpopa6962 idk about Moldavia but here in Russia big corporations are controlling the key sectors of economy, and small businesses are heavily taxed. People are running to the big cities to get a decent paying job, bc average salaries outside of them are insultingly low. In fact, destruction of Soviet Union brought us from the second economy in the world to the Latin America/ African type of capitalism, where we specialise on selling our resources and qualified cadres, which is a tragedy.
@@liviu-andreimarin9732 privatisations always work like that. I mean, do you really think that any citizen can afford to compete with big capital?)
"welfare queen"
Imagine facing victim-blaming, for something you actually need 🤦🏻♂️
The idea of the "welfare queen" isn't to shame people who genuinely need welfare to make up for being unemployed. It's the idea that unscrupulous people manipulate the welfare system to gain wealth without working off the backs of those who do work. While I don't know if cheating the system is/was extremely wide spread, it's also not an impossibility.
The worse case of the “welfare queen” was actually a welfare KING, a rapper by the name of Ol Dirty Bastard, an interesting fella, who once famously rode a limousine to collect a welfare check. _Probably_ did it to troll people.
@@Delta-es1lg Exactly, there is the notion of distinguishing the deserving and undeserving poor with welfare queens perceived as the latter.
@@Delta-es1lg They exist, but not to the extent Reagan made it out to be.
@@Delta-es1lg When BP were facing questions about their environmental excesses, they created a campaign focused on individuals carbon footprint. Deflection, distraction and escaping scrutiny.
2008 crisis was a crime that was rewarded with bailouts for the wealthy guilty, harsh consequences for ordinary individuals.
'Welfare queens' were SPECIFICALLY designed to shame and blame so Reagan could force the austerity of neoliberalism.
His idol, Thatcher lead the way, and Clinton took it to the 'left' after Reagan destroyed the democrats Union funding.
You only have to watch the news of any economic crisis and watch them punching down, and the resistance from EVER criticising those who could make large political donations
"Those were good jobs that were lost..." "Mrrrow" I think King Richard is agreeing with you there.
Pepé le Pew and Mittens the polydactyl agree -- How Else Are We to Maintain Them in The Lifestyle to Which They Have Become Accustomed ??¿
Going on a massive protest AGAINST a universal guaranteed healthcare system is something I will never understand
The things I always hear are that people should be paying for their own healthcare and not for sick people (isn't the whole point of insurance to spread costs around?), and that it would cost a lot more in taxes because the government is wasteful (as if a profit seeking middleman is any better).
Yeah. I’m not celebrating my nation’s system but it so very beneficial to the taxpayers and to see my American friends say that this is a bad system baffles me. Many Americans shape their views on life based off whatever nonsense got peddled down to them by the elites. The funny think is that many of them think they’re actually counter-culture. It is an unrecognised and very real problem in America.
It's easy to understand really, it's demons at work, only demons look at a system that would help the poor and say "no", demons are evil that's just their nature
There is a certain amount of money that once you acquire it you instantly turn into a cartoonishly evil douche I don't know what the amount is but you could ask people that used to be cool like Dave Chappelle or bill Maher or Joe Rogan lol
@@beershits9340 100 million dollars I think is a pretty good metric for too much money
"Service Economy"
That's the flaw. The revenue from retail is provided through customers that have expendable income.
Retail is not the backbone of the economy. But the pancreas.
a service economy is better understood as trickle up rather than trickle down ironically enough
those jobs also do not provide the standard of living as the jobs they replaced
Unions in 80s: Moving production to China, eh? We'll all be very sorry.. Every single aspect of this.
Unions in 2020s: Told ya so.
But consumers voted for cheaper products manufactured in China rather than domestically, did they not? People vote with their dollars, and the American consumer has elected cheaper products over domestic ones which are dearer! Whom are you to tell them wrong? Should government force them to buy domestic at gunpoint?
@@lmy2366 the people don't have the means of production, the power or influence for anything you mentioned.
Blaming the powerless is an old elite strategy.
Did the people vote for higher medical costs? Bloated military budgets? socialism for the rich?
'patriotic' oligarchs sent their fellow citizens jobs to China before the people got to 'vote' on purchasing anything
@@lmy2366 "Voted", no they did not, that's not how voting works, not when you're poor and just buy whatever's cheapest even if it doesn't last. The poor don't "vote" with their dollars, I know, I lived most of my life on welfare in Canada ( PTSD story ), they just try to survive by any and all means necessary.
@@seamon9732 The consumer (whether poor or wealthy) buys products of the lowest cost, yet of greatest utility. American manufacturers of cheap plastic toys cannot compete with Chinese ones purely in terms of price. In terms of utility (quality), the American manufacturers clearly outcompete the Chinese ones (but don't outcompete them enough to compensate for the higher prices).
@@lmy2366 voting with the dollar means that if you dont have dollars you get no votes.
“His most regal and purrfect Majesty, Lord of Meowland, King of the Kittons, and Holy Emperor of Litterbox, King Richard hereby declares to His Commons that all Conspiracists, Racists and Bigots shall be banned from this Comment Section.
Issued in the year of our lord two thousand and one and twenty, and witnessed by His Majesty’s most leal servant, Cypher the Cynical Historian. Amen.”
The King hath spoken. Long live the King! Meow 👑
We must spread meowism
Aww we were graced by the presence of His Majesty. 💖
AMEN!!!
LONG MAY HE REIGN!!!
You forgot protector of the realm, the Unbanned, the breaker of bigots...
Still waiting for trkckle down economics to work. Everyone knows that my boss hates money, and can't wait to give more of it to me.
@@Bill_Cosby717 oh yes because my comment was the physical embodiment of seriousness. Debate lords are cringe anyway so nobody with a life engages with them
@@Bill_Cosby717 you're being so serious about something that doesn't matter at all and it's hilarious. The projection is real. I assure you, 0 people are reading this and taking your side.
@@Bill_Cosby717 you're so sad. I hope you grow up one day and realize exactly how cringy you're being in this thread
@@Bill_Cosby717 your first quote is already out of context since this isn't a debate, it's you screaming ideas at a wall while being called cringe.
Not to mention the first quote is a misquote. Which is remarkably hard to do considering I'm not even debating you so all you have to do is read like a human being lmao
socialism bad Yeah, because the rich has most definitely not been getting richer while the poor remains stagnant. Truly Trickle Down Economics at work.
You’re not a clown, you’re the whole circus.
We got a brief sampling on King Richard's views on MeowLiberalism at the end of the video - we demand a equal time for him to present his own 38 minute video essay!
I believe it will conclude with litterbox noises.
@@TheShadowChesireCat oof, neoliberalism is a litterbox
@@Kobolds_in_a_trenchcoat ....fair point
@@TheShadowChesireCat "an economy ... in the toilets" "diplomacy for the dogs of war"
I think It would be worthwhile to research the growth of conservative think tanks starting in the 1970s. I think this phenomena has had a greater impact on the cultural conception of the role of gov. and how the economy works than anything before it. Its what separates us from the progressive era; the wealthy are much more organized, using think tanks and legislative associations (ALEC) as a means of social engineering. It muddles the line between real academic inquiry and marketing, casting doubt on basic facts of government and economics, a blurring that we are feeling acutely today in a "post-truth" era.
I recommend Massimo Pigliucci's Non-sense on Stilts, which touches upon the growth of think tanks, especially as centers of pseudoscience.
I really enjoyed your last video on the emergence of the Culture Wars. Can't wait for this to drop!
Cynical historian: Not economics! Anything but that!
Economics Explained viewer: About time we get to economics!
Ah, another human of taste and culture I see!
Unlearning economics is better, although he isn't producing that much videos
I've always maintained, at least since studying logistics, business, finance and economics, that "It is said that mathematics rules the universe, I would argue that it is actually economics, mathematics is just the language we use to describe it."
When you get down to it, the bare bones of economics can be simply described as the study of meeting infinite wants and needs with finite resources. Everything after that is just trying to figure out how to do that be it supply side economics or demand side, or something others or in between.
@@ontheline3077
I'm not sure I think he misread a lot of his studies in his last video especially on the rent control one.
Without a doubt Lyrica nomics dictates to politics. But the average person doesn't even want to hear the word economics what a shame
Damn, Freidrich Hayek lived for a long time, 189-1922.. man, that's cool XD
What an excellent and much needed video. I've opposed elements of Neo-Liberalism without considering that I was in opposition to the whole. Part of the reason is that some of the problems that Reagan and others pointed to, but did nothing about, I felt needed to be addressed, while other things were bogus, either mere distractions or intended to perpetuate social injustice. The New Deal has been targeted, undermined and weakened for a long time, and the least that Biden can do is attempt to restore it before moving on.
Keep up the good work of Applied History.
Agree
@@majorsynthqed7374 You* can also theorize that ending slavery, allowing unions and other "woke" actions caused it.
But that wouldn't make it true, even if a few real or invented data points could be offered. Complex situations require complex explanations. Simplistic "cures" for complex situations are known to make matters worse than before.
*By "you" I mean one, someone, etc.
I absolutely love this video! I was always waiting for someone to talk in detail about this subject.
33:10 another reason why neoliberalism is anti-union is that one of it's core principials is that the buyer decides the products worth. neoliberalism stands in direkt contrast to unions.
How are you going to force someone to buy something if they think it is too expensive?
@@SCHMALLZZZ value is created when someone does work(product, service,..). Not when someone buys it at the store or receives that service.
@@Otzkar Bruh open any modern economic book and you will find that your definition is from classic view this view eas changed many many years ago by economist
Simple example if you create chocolate pickle amd nobody wants to buy it then it's has no value what so ever.
@@sebastiankaczmarek635 nope you creating the chocolate pickle makes it have value. Someone not buying it doesn't mean it doesn't have any value. It just means you have poor taste in food..
@@Otzkar but if you make a product nobody wishes to buy, all you have done is waste resources.
Really curious how the media influences these terrible ideas. I'm looking forward to future episodes from you!
You can look up "Manufacturing Consent" its a well-known book by Noam Chomsky but there's plenty of videos on the subject on youtube. A particularly good one, IMO, is the Myth of the Free Press by Tom Nicholas.
@@MrOzzification Thanks for the suggestion!
@@MrOzzification Chomsky 🤮 filthy Genocide denier
Milton Friedman had a television show on PBS called “Free To Choose” where he would peddle his neoliberal BS.
And that’s why I have just as much disdain for the Clintons and their allies as I do the Bushes and Reagan.
Same, as someone who voted Trump. They are all similar.
@@Plainsburner Well, as a socialist, at least we have some common ground. 😂
@@arcraventree you'll find that competing ideologies will agree on the existence of a problem. Just disagree on root cause and potential solutions.
@@Plainsburner Very true.
@@Plainsburner That's voting for the guy who started his campaign with racist remarks, who lives in a golden palace, who inherited his wealth and cheated both his wives, his family, and his businesses
Studying U.S History in my graduation. Your videos are a light in the dark, thank you.
"Neoliberalism is anything that I do not like. The more I dislike something, the more Neoliberal it is"-Jreg
'The more neoliberalismer it is.'
Jreg, the King of Both Sides-ing
I'm a neoliberal. Does that mean I hate myself?
@@KJ-od8wq means you're a clown
@@boxingfrog
About the level of an intellectual response I'd expect from you LOL!
Shoutout to that Dr. Richard Wolf cameo, it's hilarious.
love richard wolf!
Laissez-faire: govt shouldn't intervene. Because trickle-down economics. Which is a painfully stupid concept. If the govt does nothing, what happens? Of course: the rich will become richer!! Because their wealth gives them the resources to do so. They can afford top education and tutoring for their kids. They can buy more political influence (to implement even more 'laissez- faire'). They can live in better neighborhoods with less crime, better air quality, etc. They have access to the best medical services.
Meanwhile, we are led to believe that we can become rich too (after all, we're "free", so what's stopping you?). And we're distracted with bla bla such as immigration, drug wars, terrorism, abortion...
The biggest joke of all is that we are all cheering for the govt to stop touching our wealth, even when we don't have any money. What the F are we doing...
One example: If more demand by the rich for education then education will be better as there is more competition, trickle down economics works, this is so simple to understand and easy.
The only problem is that it causes inflation if supply is not kept up so in that case you raise interest rates and have the economy's competition make more products.
Its so simple, trickle down economics works, the reason USA is so bad today is because of inflation and deficits.
@@shrekeyes2410
1. You have supply and demand mixed up. If more supply of education, then competition will be higher, so the producers of education services have to improve their product.
2. You say if more demand by the rich then there will be more competition. But the same argument is true for demand by the poor.
3. Poor people spend a larger fraction of their income on consumption. Rich people are more likely to save it instead of spending it. So giving more money to the rich will actually >decrease< consumer demand.
4. Interest rate hikes primarily work by reducing >demand
A really well balanced video, as I've come to expect from you! Excited for that last video.
Man, we really do live in the second gilded age.
Part of me is like "heck yeah I get to live through a big moment in history!"
Then the rest of me is like "wow this is actually really awful"
Why must we repeat the worst of history? We could repeat something cool, like the moon landing, but instead we're in a rerun of the 1900s.
@@afgor1088
I agree wholeheartedly.
Funny thing is the good old days never were. Remember the moon landing was in 1969... After JFK, MLK & RFK had all been assassinated and we were entrenched in Vietnam.
Ironically I fully expect us to get back to the moon at some point but it will be the new robber barons planting the flags of space x and blue origin...
@@afgor1088 yup, but notice I didn't say anything about Mars. I said the moon.
@@afgor1088 Yet large chunks of western and northern Europe practice capitalism and don't have our same issues.
@@afgor1088 What evidence or trends do you have that make you believe things like trust busting and universal healthcare are going away in Europe?
This is excellent, and I learned a lot (even after studying this for years). For example, about the "Square Deal," about the "Old Right," etc. All very useful terms that fills in the history. I can tell you've been an exceptional learner in all this. Much appreciated.
Cynical Historian I loved that you do talk a little bit of economics and some other things to add context with US History. I absolutely love it (also I always like your references with the research props 👏 👏 👏)
It is both interesting and somewhat frightening that as a European, many debates we have today concerning the European Union don’t exactly mirror but certainly rhyme with many US-American politics.
Thank you. I truly appreciate all you've done and put into creating this great video essay. Cheers.
I've been looking forward to this.
Neoliberal power has only doubled since we last met.
@@BarberJ95 Good. Twice the weight, double the fall
It’s over Anakin! Neoliberalism is everywhere!
In my opinion a lot of the issues we have can be traced back to the presidency of Ronald Reagan
But what caused the presidency of Ronald Reagan?
@MX 3 You can't reasonably blame 9/11, or even the War on Terror, on Reagan, that is a massive stretch. Contrary to popular belief, Reagan did not actually support the Taliban, he supported the Mujahideen, and yes there is an important distinction between the two. The Taliban didn't even exist during Reagan's presidency, they were formed from war orphans who became refugees in Pakistan, where they were radicalized and trained by the Pakistani ISI. The Mujahideen were a loose collection of Muslims who resisted the Soviets and their fundamentalism widely differed, some weren't fundamentalist at all, like Ahmad Shah Massoud.
@MX 3 You outright tried to connect Reagan to 9/11 and the War on Terror, which isn't true at all.
@@AdrianMartinez-gq7ne THANK YOU. So many people erroneously posit that the Taliban are somehow the successor organization to the Mujahideen. It goes to show just how little people know about the history of Afghanistan and its people during the period between the Soviet-Afghan War and the NATO invasion.
It's quite ridiculous.
@MX 3 Unions mostly lost their influence primarily due to deindustrialization; which was in full force by the era of Stagflation. Though the Reagan Administration did have a somewhat bellicose attitude towards unions, you cannot ignore the plethora of other factors that contributed more to their decline in lieu of simply blaming one man.
7:01
Freidrich Hayek apparently lived during the final years of the Roman Flavian Dynasty.
Lmaooo
First time I run into one of your videos, and I have to say, that was a really good and in-depth analysis of the current global stage. Keep it up, will return for more.
Note to self: never name your son...WILSON!
Idk how I found your channel but damn it’s great
34:53
I've got a new phrase:
"The government is not the problem, the politicians are!"
14:33 - Okay, I get sick of skit stuff sometimes, but that's just brilliantly delivered! Four stars! Would lol again!
Thanks for this clear summary. I've watched several videos on contemporary American economics lately, and yours is the best!
All your work has been great, but this particular series has been outstanding cheers.
Yes, I am an eyewitness of the last 45 years, and you are correct. The problem is the public will not understand because I tried to explain it with academic terminology and people get bored. The real change started with Reagan. That was the slow start to the bottom. The 1985-86 tax reform was the starting line…sad because I will not see the prosperity of the 1950-60 again. I feel sorry for all those who never saw such a unified economy. We had other cultural issues but the economy was not a problem. Eisenhower was correct.
You used a clip of Sanders when talking about free trade. Just wanted to note he blocked TPP and ran his platform on a soft protectionist policy.
@@MrSlayerDeth he literally called him a political outsider who‘s been able to push more into the political mainstream. And he said OWS was the populist left, not the democrats as a whole.
@@MrSlayerDeth He is not hated by the Democratic Party at all. He caucases with them as a Senator, gets assigned committee positions by them, and works with them on policy. His voting record aligns strongly with most Democrats. Most didn't want him to be the presidential nominee (which you could say about most people who ran for president), but to go from that to say he is "hated" by them is just ridiculous.
@@krombopulos_michael uhm did you miss how DCCC-aligned media covers Sanders? He is most definitely maligned out of either hatred or ideological rejection
Yeah I feel like he was really trying to unnecessarily "both sides" that one. Whether you agree with Bernie Sanders and most of the populist left or not, there is no doubt that they are not neoliberal and are generally against unfettered free trade. If anything the "populist left" is just a slightly further left return of New Deal era economics, not an offshoot of neoliberalism.
@@krombopulos_michael that because he is very popular and if they kept hin out they would lose.
I love Cypher’s beard in this. Keep it growing King.
The longer it gets the closer he moves toward Marx.
@@cuddlesandkafka peak bard
Only time I hear this word is when people claim all politicians are neo liberals.
That makes sense.
When the Power Grid failed in Texas, the local politicians said "I don't care."
As people were struggling to weather the sudden frost. And damage to their homes.
And getting $10,000 Electric bills.
Meanwhile, Democrats from other states were actually raising money for the people in Texas.
$2 Million, when their own state government refused to give out a cent.
Exceptional insight into American Economics during the 19th through 21st century. Excellent video. Thank you. Subscribed and liked.
When you talk about Neo-liberalism you're talking about Libertarian (or marginalist), Monetarian and Objetivist ideologies, right??? I'm telling this because the three of them have common roots and similarities, but at the same time they're different and have some discrepancies between them (except the fact that all of them hate Socialism/Communism the same way... sometiemes to an irrational and dogmatic level).
They are not the same but are very similar and can easily be conflate without a mountain of clarifications that aren't really worthwhile outside of a particularly pedantic class on the subject. It's a distinction but not necessarily the most worthwhile as long as people understand the broader outline of the philosophy.
If you're talking about neoliberals and libertarians, at least if you're including the likes of Obama, Clinton, or Blair as neoliberals, then I'd say there are some differences.
Libertarians tend to primarily think that things like taxes or regulations are morally wrong on principle. They think taxes are theft and regulations are an authoritarian intrusion of government where it doesn't belong. Government's only role should be to uphold contracts and prevent violent crime. They are more concerned with the means than the ends.
Neoliberals on the other hand oppose them because they believe they inhibit economic growth. They're not as dogmatic and can allow for some taxes and regulations if they don't have too negative an impact on economic activity and growth, which is also why they can support some government programs that they think will help drive the economy. They're more worried about the results than how they get there.
Nah my dude, at the heart of it libertarians are all about unrestricted freedom both socially and economically believing any and all coercion is bad and the objectivists are the Scientologists of politics believing in sci-fi books. I don't know much about what the monetarians are though, yours is the first time I've ever heard of them.
@@Noms_Chompsky thanks for clarifing man... Leftists/Socialists (with all respect, of course) aren't too much specific what are talking or referring to, when they talk about neo-liberalism. They say neoliberalism came with Margaret Thatcher and Ronald Reagan economic liberal reforms but which school of thought or which theorical framework are they talking or reffering to when they use that nuttjob name (as well as cultural marxism for the far-right, you know)?? ✊🙄🤦♂️🤣
Thank you so much for making videos like this.
This is American history more thorough than what most of our schools teach, unfortunately.
Great episode Cypher, very concise explanation and diagnosis for our current political problems.
Excellent video as always Cypher!
Strongly reccomend Thersites the Historians series on neoliberalism and his lecture series on presidents post Nixon exploring the rise of neoliberalism and covering their impact to anyone wanting more.
Fantastic video! This was a very educational and deep(at least for my attention span) dissection of the neoliberal polarization in this country. Thanks for making it! Also, thank you for the kitty pallet cleanser at the end.
Great watch! Just...wow. So much to think about... also, your kitty is adorable and I love the out-takes of his interruptions 💜
It’s very interesting to me because I see the greater trend from Reagan onwards, but at the same time feel like America changed/changes so much whenever the party in power switches. In other words; it feels strange to group Trump Biden Obama and Bush together, let alone adding Clinton H.W and Reagan. Imposing rigid periods on history is tricky. Love the video!!!
Reagan, Bush, Clinton, Bush and Obama only only had disagreements about the smallest and most minute differences in their Neo Liberal Domestic Policies and Neo Conservative Foreign Policies.
@@SCHMALLZZZ Indeed, and by the same token, all presidents from FDR to Reagan, were they Democratic or Republican, were also in FULL agreement about the maintenance of the New Deal and the welfare state that FDR created. I remember reading that, during the 1976 election, it was even noted by some that there was virtually *no* difference whatsoever in the economic platforms of either Carter or Ford.
Thank you so much for all your hard work and efforts...
The fact that directly after you gave your intro and then "not economics" and there was a youtube ad for a major chain was priceless 🤣 good info 👍
Hello Cy, Thank you for this very enlighten and elaborate video lecture on the American economic history since the Democratic Deal of FDR. Do you have transcripts of these lectures in the series you're addressing to your viewing audience? Much oblige to you. Godspeed in all your endeavors!
Lol Wilson 😊👍 made my day there Cypher
Ronald WILSON Reagan 😂
Your channel is my favorite. Deeply appreciate your contribution to the world. Thank you
Brief history of US presidents: Nixon, “I’m no crook” - Trump, “I’m a criminal, so what”
Biden- “I’m a Marxist Communist felon who received billions from foreign nations so what”
Brilliant as usual. Dovetails nicely with Kurt Anderson’s book ‘Evil Geniuses’
I've really been wanting to learn more about neoliberalism. Can't wait for this episode!
Neoliberalism owns both parties....it's why it will have to be violent overthrow of capitalisam for anything to change. They will never allow any true leftist become to powerful by the voting booth
If you're in America, you already know a good deal about it.
@@miamidolphinsfan And this comment here is why people are still scared of leftists 🤦🏾♂️
You don’t understand that you’re feeding the narrative.
You delude yourself into think you can get the working class on your side by advocating to tear everything they live down cause some psychos in the late 19th century said you should. No wonder the Republican scare lingering is still viable with comments like this.
You single handedly do more to halt leftist progress than any capitalist ever does. You provide them proof that the leftist are crazy. Stop and think for a while if what you says speaks to most people
Should your violent revolution occur, the men in boots will gun you all down as most people cheer. Many would even volunteer. We have democracy so we win people over with ideas and not force, so we can have revolution not by the barrel of a gun but by the power of the pen and ballot box. Rather than giving up and defaulting , try and take over a party the same way the Neoliberals did and operate within the frame work that has kept the country over 46 administrations in 243 years of uninterrupted peaceful transfers of power. If you can’t convince the masses of your ideas within this framework, maybe you need to re examine them rather than attempt to tear it all down.
Standby for a fire fight in this comment area
@@baumbeanwing6146 I doubt it, I'm not looking for a fight, just disappointed by some of the rhetoric coming out of some on the left these days trying to larp as late 19th early 20th century "revolutionaries" who accomplished not much other that lots of death and suffering rather than look to societies that realise you cant impose a revolution on people because they don't vote for your policies.
You have to win them over. There's literally no other moral or for that matter practical option. Unless we want to repeat the violence and death cycles of the past.
At least those guys gave us some bomb ass music and great insignias
Thank you for a great explanation and for your production. I learned a lot.
Neoliberalism could triumph in the 1980's due to the collapse of Stalinism and the betrayal of European social-democracy. From 1945 until the 1980's, capitalism accepted government regulation and many social-democratic demands out of fear for the anti-capitalist propaganda that was spread by the USSR. Despite its undemocratic nature and degeneration, the Soviet-Union was seen by millions as ''something different'' then capitalism. This was strong after WW2 and world capitalism knew they were facing an ideological battle. So the ruling class of mainly Western Europe choose to accept some government regulation and ideas linked to reformist leftism. By 1980 however, the Soviet-Union was stagnating and the capitalist class started to see that social-democracy was willing to betray its socialist roots, see François Mitterrand in France. As the Soviet bloc collapsed, world capitalism was shocked by the fact that many Stalinists accepted their free market fundamentalism (Boris Yeltsin). China and Vietnam also had embraced capitalistic ideas in the 1980's. As the red flag was lowered on 25 December 1991 in Moscow, capitalism declared victory. Neoliberalism was championed as the only working system for humanity by all major ideologies. From liberalism to conservatism, social-democracy and even former Stalinists. Those who rejected neoliberalism were called ''outdated'', ''inferior'' and outright ''stupid'' by the capitalist media and major governments. By 2008, neoliberalism started to crack and even today it is clear that we need a alternative to capitalism as a whole. Not more government, no going back to regulation and more rules (Bernie Sanders) to limit capitalist greed. We need a democratic socialist plan for the economy based on the interests of the overwhelming majority of people and the planet.
Reagan was a Hollywood actor who impressed the old folks with his B movies.
But some of his remarks as President were quite strange such as:
"Government is the problem", when Ronnie WAS the government.
"Marijuana is the most dangerous drug known to mankind" when nobody was dying.
His trickle down economics policy trickled the tax money into Swiss bank accounts and Cayman Island tax shelters.
Good ideas from Ron and Nancy's think tank.
Great actor all of his life.
"I'm getting a little sick of people claiming that Reagan was a bad actor. He did a great job of playing President for 8 years."-Gore Vidal
I just asked for this topic on another of your videos, serendipitous,pretty stoked to see it. I just watched your video on guns germs and steel, good suff and was wondering if you could do the same with "Sapiens" by Yuval Harari? Thanks for doing what you do. 🤙
So much information. I learned more from this video series than I did from years of us history in school.
sad to learn your schools are of such low quality
Cypher, thanks for this vid. I didn't really know the details of this topic, and you laid things out brilliantly. Thanks for the informative lecture, and I look forward to your Tech one. Also, all hail the great feline, King Richard! :)
I'm Gen X ( Howe and Strouss 1991 Generations ) No Generation has been so thoroughly, economically crippled " so far" then this generation of parents and their children 😡 I watched it happen, I lived it! I want things better for my grandchildren!! Now!! Thank you Cynical Historian! Please cover Smedley Butler and the Business Plot! More thorough teaching in grade school of this history could help our country for the better! ❤
I'm cynical, and I like history, so this was pretty good.
Good stuff, bro. You just earned a new subscriber! Looking forward to more solid content like this. Keep up the good work!
Just watched all three episodes straight...fantastic series. Here's hoping your release-date trend continues and we get E4 this weekend!
Episode 4 is awhile away, because i have a lot of reading left
Best yt historian around
💯
I disagree. Maybe best RUclips historian on american history which he specializes on but he seem to focus mainly on american political history and american violence with the occasional video on the field of history. Nothing wrong with that, but that doesn't really earn him the title of "best RUclips historian" in my eyes. I still like him.
Tik tok made me read that as best white historian haha
@@MegaTang1234 Any recommendations for other yt historians?
@@EF-wy3di lol same
Lol I was a conservative Neolib when I was a 5th grader, can’t believe some people never grow past that
@@dangin8811 Not as right wing as he was, that's for sure.
Thanks for this episode. Very informative.
Whoever gave Friedrich Von Hayek a job and the London School of Economics in 1931 did humanity a giant disservice.
My cat is also very opinionated when I have to work
What do you think about the tendency for graphs analyzing US economic data to begin around 1950. I find it can be a bit misleading as the 1950s the US just won a major war that had large effects on the economy (for example their is some evidence it artificially inflated the middle class). I would love to know your thoughts.
Roosevelt's GDP Growth is an aberration because it comes off the heels of the Great Depression and then leads into enormous abnormal growth as America had virtually no competition with Europe being blasted all to hell. The only real competition in the markets came from Central and South America which the USA would spend the next 3 decades throttling to death. After Roosevelt's 17% and 18% growth numbers we had a recession which is what happens after every war we've ever been in so growth shrank into the negatives and the recession ended in 1949 so 1950 is where we start looking at the data. It's tidier.
Thank you for the history lesson. It has given me a lot to think about.
Not sure if it was the subject matter or just the detail but of all the videos I've watched from you that were "made for RUclips" (ie: not the classes) I thought this one was the best. I am looking forward to the final chapter of the 4-part series =)
Very interesting video! The points about hyper-individualization I've become more aware of in recent years. I'm curious about what you might think are viable solutions, as you seem to have criticisms of both the right and the left.
Maybe the cats just need to assert their rightful place as our overlords.
They're anarcho-communist
American Conservative dictionary: Socialism = anything I don't understand. Communism = Stuff I don't understand, only more of it.
Good stuff!
A clear anc concise breakdown of the issues that matter forvan amateur like me!
Seriously, thanks for the helpful resources and info!
That KITTY MADE THIS EPISODE _perfect_
Well . . . perhaps PURRfect
Great video
I'm gonna hafta listen several more times
EXCELLENT WORK
We had a Campus Cat who used to come into our group tutorial sessions and seeing King Richard always makes me think of my own history degree experience.
History Academia Needs a friendly kitty.
Wilson: *gets mentioned*
Anti high blood pressure Ad: *starts playing*
And you still don't blink on camera. Off-putting
Conservatives vehemently deny the party switch/realignment.
Awww gawd I need the next episode! Thanks for your work. Seems unbiased as well.
Best video yet thank you, also we need a new bull moose party,
I thought you left a pillow under the sheets as a trap and mugged death, how'd you end up dead?
Aye bruh we need a Bolshevik party
One of the old time political cartoons displayed in this implied Teddy hindered some monopolies, only to favor different ones (at least to my understanding for the very brief time I viewed it). What would be your reply to that, as someone who seems an admirer of his? (I ask out of genuine curiosity)
Can’t wait to watch this after work
I used to watch this channel for the historical movies and then I forgot about it. Found it again and this is so much better.
historical reviews are coming back. I just can't release as much because of working on my dissertation
10/10 video it was very informative and not bias, keep up the great content