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Bully Magnets Presents What is neoliberalism? One of those words that one hears in the news, newspapers, speeches and even on the street is neoliberalism, a fairly confusing and complex concept that it's not always clear at all, but that still used indiscriminately so much positively as a very negative, but at the end of the day what is neoliberalism, what is it about and exactly what do you want say well stay on this video because There are many things to clarify. For almost 50 years that the term neoliberalism has been in the environment and little by little it has been taking different meanings, this is curious because neoliberalism doesn't it's a concrete idea, it's more like a series of ideas and concepts that have been adapting to modern societies as we now know them, the concept of the neoliberal is so rare and diffuse that there are even those who claim that it does not exist.
And it is that neoliberalism is not something tangible, it is not a postulate written in stone, even it's not as clear as the Marxism or communism, it is still a concept that we can perceive in the form of policies public, in economics, finance, public life, health, education and even in the social dynamics that we have daily. That's why I prepared this video for you to show you very quickly what is the neoliberalism, what makes it up and what is it in very general terms it is current of thought that transformed the second half of the 20th century and what have you directed up to this moment The 21st century, so get ready because this will be the first of several videos where we will get into matter about something so complicated. First of all you have to be very clear that there is no universal and unique definition for this concept as it happens, by example, with communism, where there is no one single version and varies depending on the regions, governments and even temporality,
the same goes for concepts like Marxism, liberalism, capitalism and even the anarchism, just remember communist Russia from the first half of the twentieth century where one I might think the country was an incarnation almost direct from Marxism, but that was not so, in reality the Russian State had a adapted and customized current that defined as Marxism-Leninism. Because we apply Marxism, but conveniently adapted for my idea of nation. This same phenomenon occurs with the concept of neoliberalism, although there is no need to be alarmed, well, although there are many authors that delimit differently what is and is not neoliberalism yes there are some points in common that we can underline and that will help us define in its most basic and elementary way what the hell it's neoliberalism, regardless of the current I'm describing it. Among other things there is only one foundation of this current that is universally and completely
elementary, it's about neoliberalism is the opposite of any other idea of collective social organization, it is say, is the opposite or is the rival of communism, of socialism or any other idea of collective organization of activities and resources in one society, said of another way, neoliberalism is a series of ideas where the private is reinforced over the public, the individual over the collective, the wealth of one or a group over that of everyone equally. It is a system to create individualistic millionaires, not for hipies and their communes From this simple sense of the neoliberal is that many more ideas arise that give your regional or temporary personality and the way in which these manifest is in form of laws, public policies, institutional agreements, agreements between governments and economic policies and prosecutors who seek as their main objective stop the advance of the collective in points and very specific aspects such as protection of private property.
Needless to say, these policies worldwide public have been incredibly successful in adapting to almost all countries in the last 50 years, so much so that today in day there seems to be no other clear alternative of how to build the economic order and of world government Although of course, not for being the most successful is the best, neoliberalism has caused disasters environmental, economic catastrophes in nations developing, rampant inequality across the planet and such an accelerated consumerism that seems unsustainable in the long run, but that will be a conversation for another video, for now let's continue with a little bit of story of how we got to this moment historical where the neoliberal prevails. A great time to live if you ask me to me Speak for yourself, in my country there is no work and companies people like you have destroyed all natural resources Yes, maybe, but you should see how much people have a good time in other countries Not so much, I work 12 hours a day and still
That way I can never buy my own house It's just the logic of the market, you only have to try a little harder Work even more just to survive? This makes no sense Yes, well, it is not that you have another For things like that it is so complicated Neoliberalism, on the one hand, it generates wealth and well-being for millions of people mainly in the cities around the world but on the other hand also causes excessive extraction of natural resources, the destruction of small local economies, generates inequality and regional poverty circles what are very complicated to break, but hey, let's continue With the story. In very general terms we can say that the entire neoliberal movement emerges derived of the illustration that begins with the revolutions from the end of the 18th century, for example, the revolution French, independence of the United States, Independence in the Americas and with all of them the extension of rights civilians and politicians in much of the world
western. These social movements expanded the concept private property and individual rights, what later became accentuated with the arrival of the industrial revolution that unfortunately produced an extreme exploitation of the population, that caused workers revolutions that changed the course of ideals what were created during the independence and revolutions of the end of the 18th and 19th century. Then during the second half of the 19th century comes the welfare movement that is taking strength throughout the end of the century, then with the 1929 crisis in the united states and especially it is accentuated with the second war World War and the Cold War, the welfare state is that the government has the obligation of giving the population social security, public services and great government spending, this reaches until the 60s but finally creates a system in crisis where governments they cannot afford those expenses in addition to have a great tendency to inefficiency and corruption
From there the welfare state left of being fun By the mid-seventies and up the eighties begins to be implemented the idea of the neoliberal, although this with many regional nuances and differences, but that we can delimit in three big ideas which will be applied practically throughout the Western world almost like a recipe. Interference cut But before that a quick announcement, remember subscribe to the channel and like it if you is liking this video, that helps us continue with more content every week, in addition We have a Patreon where you can support us with 1 dollar a month and have exclusive benefits, all links are in the description From this video, now we continue. The conicna of Reijard That's me Welcome to my kitchen, this week we will prepare a rich neoliberal dish, it's quite easy If you follow this recipe, you will only need 3 ingredients, the first is a good state strong, preferably one that organizes, that have police to keep order and also
with means of communications and transportation. The idea of this is to make the state a guardian of the market, that is, that neoliberalism It is not intended to destroy or replace states, much less reduce them to their minimum expression, rather, what he wants is to transform them so that they are the ones who guarantee that logic can be sustained and expanded of markets, interestingly neoliberalism it needs a strong state, but not with the purposes to meet the needs of the population but rather to sustain and expand market forces. And the market is not something that happens just because yes, you need clear rules and mechanisms that allow to delimit what is can and what cannot be done in addition it is understood that it is the state that has to provide space for markets may exist, the state is the basis of our recipe, where everything is going to mix, this is important because it guarantees the operation of the markets.
We neoliberalists believe that well-being of people and society only reached When they participate in the markets. Another ingredient of neoliberalism is to create the feeling that the market is the only mechanism capable of processing information clearly and fairly, he does so by saying that the dynamics of supply and demand reveals the true value, cost and price of things, because only with the market you can reveal how much it costs to produce something and also how much are you willing to pay someone for anything. So you have to add some freedom to our recipe, because neoliberalism defends the idea of freedom of people, groups and governments, although of course, it is understood as freedom to the ability of anyone Can participate in the markets. This means that the idea is defended that each person has full freedom to act within the market to buy or sell whatever you like, even talk about a degree such freedom where there are no items, prohibited goods or services and that
even within that freedom one can choose sell yourself in time, effort, intellect and even in body, because it occurs for granted that the purchase dynamics itself and market sale will be the one that will limit how far freedom can go Which if we think about it sounds pretty great And at the same time very, very scary. Finally we have the simplest ingredient and it is that neoliberalism propagates as a almost absolute truth its own superiority technical, moral and logical about the public, so let's add something private initiative, a lot of preference and then remove the lumps of public companies as much as possible. And it is that neoliberalism assumes that any important public activity like energy production, health, education, the construction or anything else will be inferior to any other done so private, that idea is based on the fact that
the public is linked to the government and therefore it is manipulated by interests private and murky politicians, so That will be permanently corrupt and inefficient. And ready! with those three ingredients well mixed a neoliberal state is created, they can put more than one ingredient or less than any another doesn't matter, but they always have to have all three: a regulatory state, freedom mercantile and finally prioritize what private over the public, mix well strong and enjoy There they have it, in very general terms those are the most elementary parts that make up to neoliberalism, obviously there is much more to say and the story of where are you from ideas is quite wide and distant, but for let's leave it that way, why good It is worth talking in a timely manner about where each of these ideas comes and why They have preserved to this day. So stay tuned, because in the Next weeks we will continue with this topic
about the history of neoliberalism, bye! Thank you very much to our Patreon that we support month by month, thanks to you this outreach work can go ahead for longer and reach more and more people.
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