• handsoffmydata@lemmy.zip
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    1 day ago

    positions like neoliberalism, which supports laissez-faire markets and opposes welfare.

    Neoliberalism certainly supports welfare, ie every single corporate bailout since the 1980s. Neoliberalism is the natural conclusion to liberal democracies that fail to address class stratification properly and allow massive imbalance of power to grow so large the whole system becomes irreparable.

    • SaraTonin@lemmy.world
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      22 hours ago

      I understand what you’re saying and the political point you’re making but welfare, in political terms, is defined as state intervention via public institutions to ensure the economic and social wellbeing of its citizens.