• Iheartcheese@lemmy.world
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    4 months ago

    I’m a dumb American and don’t know who this is. He didn’t really do that did he? What the fuck is going on.

    • 9point6@lemmy.world
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      4 months ago

      He’s one of the fathers of neoliberalism, and therefore a lot of the problems we all face today

      • ChilledPeppers@lemmy.dbzer0.com
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        4 months ago

        I believe he is the one who coined the term, and if you read the text in which he did that, you will see that what we got is nothing even close to what he wanted.

      • Silver Needle@lemmy.ca
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        4 months ago

        Neoliberalism would have come one way or the other. Doesn’t matter if Milton Friedman was a Jack Burner or a Jan Wouters.

        • wonderingwanderer@sopuli.xyz
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          4 months ago

          Neoliberalism would have come one way or the other.

          That’s a part of the lie that “capitalism is inevitable.”

          It’s not. Just because the world is a certain way for a time, doesn’t mean it has to be, and the world is never done changing and evolving.

          The world we live in today is the result of millions of decisions that humans have made. Collective decisions, individual decisions, competing decisions, strategic decisions. It all adds up and substracts and the net result is the world we have today.

          Capitalism isn’t inevitable. Oligarchs only want you to believe that so you accept it as the so-called “real world.”

          Maybe Friedman wasn’t the guy that made neoliberalism the dominant system today, but if we didn’t have Reagan or Thatcher, we wouldn’t have austerity for the poor and “trickle-down” supply-side economics as the main standard methods of political economy.

    • Denjin@feddit.uk
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      4 months ago

      Codified the concept on lessaiz faire economics giving a pseudo-academic justification for the Reaganite and Thatcherite fiscal policies that are broadly responsible for the sorry state of public services in America and Britain today.

    • sorghum@sh.itjust.works
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      4 months ago

      Nobel prize in economics back in the 70s. Wrote several books most notable being Capitalism and Freedom