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Response to Phlem (Reply #33)

Sat Jun 11, 2016, 02:44 PM

48. Since you mentioned Third Way and neoliberalism in the same sentence... yeah, they are different

You are forgetting that Third way emerged as the means of saving the Democratic party from complete irrelevance. It was the working class and the middle class who bought into Reagan's bullshit and turned to the right. The Democratic party followed. Third way was the means of economic expansion to pay for social reforms, just as the dictionary definition suggests. What it turned into under Bush is a whole different matter and does not reflect on the Clintons in any event.

Economic conservatism, if you are interested, is not the same as economic liberalization. On the contrary, as the definitions suggest, economic conservatism implies careful regulation of the economy through government's fiscal and monetary policies, while economic liberalism implies complete deregulation of the economy. Apples and oranges. The difference is evident if you examine two separate instances of collapse of the banking system, one under Reagan and one under Dabya, versus economic stability and prosperity under Clinton.

But it's much easier to just type "Yeay Wall Street!" rather than educate yourself on the subject, isn't it?

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Phlem Jun 2016 #33
LineLineLineNew Reply Since you mentioned Third Way and neoliberalism in the same sentence... yeah, they are different
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Phlem Jun 2016 #52
Phlem Jun 2016 #38
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zentrum Jun 2016 #27
notadmblnd Jun 2016 #30
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