Mike Konczal: The Failures of Neoliberalism Are Bigger Than Politics: "Here are two statement... I associate with left neoliberalism.... The first is that neoliberal policies would create more growth. Sure, inequality might increase, but so would wages; and even if not wages, mobility up and down the income ladder.... The second is that if we get government out of corporations’ way, the market would become more dynamic, competitive and innovative. Sure, there might be some level of profits and questionable behavior in the short term, but the market itself would fix it, such that in the long term the corporate sector looked much healthier in terms of profits and dynamism. I want to ground it this way, in two intellectual statements about the tradeoffs of a policy regime, to help understand why the confidence that left neoliberalism once held over the baseline assumption of economics has collapsed.... This is a matter of ideas: ideas having failed, and us needing new ones...

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