Today's threads (a thread)
Inside: Ideas Lying Around; and more!
Archived at: https://pluralistic.net/2025/03/03/friedmanite/
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“ Tariffs will cause breakdowns in neoliberalism's fragile supply chains, and the ensuing chaos – mass unemployment, shortages, political rage – will make it even harder for countries (including the USA) to rebuild the productive capacity vaporized by 40 years of neoliberalism.”
Sadly, the far right has kept far ahead of the damage they self inflicted. They’ve been blaming democracy and an open society on the consequences of their own deliberate destruction of our sovereignty
..
And it’s the geniuses of NRx, Yarvin and Thiel, men who should have been educated, but we’re not. Men who are little better than the character Otto from a Fish Named Wanda
Props to Cory for spreading this idea.
“Governments around the world signed up to protect giant American companies from small domestic competitors (from local app stores – for phones, games consoles, and IoT gadgets – to local printer cartridge remanufacturers) on the promise of tariff-free access to US markets. With Trump imposing tariffs will-ye or nill-ye on America's trading partners large and small, there is no reason to go on delivering rents to US Big Tech.”