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Cake day: March 31st, 2025

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  • ‘Free market,’ market-oriented reform capitalism; think Reagan, Bill Clinton, any moderate or conservative before the trump era.

    It has been the sole economic theory in power in the US since the 1970s, with more or less a sliding scale between more neoliberal (republicans before 2016) and less neoliberal/more classical liberal (Biden’s and Harris’s campaign messaging, not Biden’s actual actions).

    The reason it sounds confusing, especially in memes, is because you think dems and republicans have different economic theories behind their actions, when in actual legislative reality they’re just more or less neoliberal, and the minute differences get overblown in campaign rhetoric.