this post was submitted on 25 Nov 2024
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Antiwork
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To be fair, Jimmy Carter was in reality the first neoliberal president but besides cutting taxes for the wealthy was largely innefectual and less ruthless in their neoliberal persuits compared to Reagan.
If you want to learn more about it, you should check out Thomas Franks "Listen Liberal, whatever happened to the party of the people."
But yeah, I think it's largely complicated but when going for republican or republican lite, republicans tend to go for the real thing and the working ejected and dejected working class don't show up... Or in Kamalas case they show up for the other guy.
All I know about the Carter’s tenure w/r/t neoliberalism was Federal Reserve Chair Paul Volcker. The Fed is basically the cartel of US private banks, largely independent of the government, so I’m not sure how much I’d attribute the Volcker shock to Carter. Not to lionize the guy, as he is a war criminal[1][2].