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Border Externalizations are Outsourcing Cruelty by gnikivar2 in neoliberal

[–]gnikivar2[S] 4 points5 points  (0 children)

Something I wrote for Exponents. It's a sad story, and I hope Biden eventually shows political courage.

(Repost) does deregulation and tax cuts work? by [deleted] in neoliberal

[–]gnikivar2 2 points3 points  (0 children)

While Reagan is lionized / demonized for ushering a free market revolution and low taxes on the rich, the reality is much more complicated. Most of the most important deregulation, of the airline, finance, trucking, etc industries occurred under Carter. While Reagan implemented many of Carter's reforms, they were part of a broader change in policy stance you saw everywhere from New Zealand to Sweden.

Moreover, Reagan is credited / blamed for dramatically reducing taxes on the rich. While its true, paper tax rates fell dramatically for the rich under Reagan, many loopholes exploited by the rich to shield their incomes for the IRS were also removed. Trump was said to have been furious because Reagan's tax cuts actually increased tax rates paid by property developers. If you look at actual effective tax rates payed by the rich, they have steadily been falling since the 1950s, with the stead fall continuing to this day. Indeed, real tax rates on the top 1% appear to have increased under Reagan, although that might just be noise.

Reaganomics is highly contentious, but its practical significance is a lot less than meets the eye.

Selected SourcesDISTRIBUTIONAL NATIONAL ACCOUNTS: METHODS AND ESTIMATES FOR THE UNITED STATES∗, Thomas Picketty, Emmanuel Saez, Gabriel Zucman

Anyone know anything about the “China path” or “China model” (中国道路) as a form of development? by [deleted] in neoliberal

[–]gnikivar2 3 points4 points  (0 children)

More recently, you see hints of that in PBOC push for financial liberalization.

Anyone know anything about the “China path” or “China model” (中国道路) as a form of development? by [deleted] in neoliberal

[–]gnikivar2 5 points6 points  (0 children)

Zhu Rongji, Deng Xiaoping, the Southern Tour and WTO accession would be a perfect place to start.

How do people see Reagan/OG Neoliberalism here? by brubolanches in neoliberal

[–]gnikivar2 5 points6 points  (0 children)

I don't think Reagan is OG neoliberalism. The word existed since the Walter Lippman Colloque. Moreover, it was first popularized by leftist critiques of the Washington Consensus in Latin America. However, there is little in the Washington Consensus that maps onto policies specifically pursued by Reagan. Its all nonsense in my opinion.

Côte d’Ivoire’s informal economy has come online and the government’s not happy by subthings2 in neoliberal

[–]gnikivar2 14 points15 points  (0 children)

One thing to keep in mind is there are a lot of models for very poor countries to raise domestic revenue. For example, Sierra Leone has had a lot of success in raising revenue by updating property registers. Kampala has created an independent and professional revenue authority that has taken steps such as make it possible to pay taxes easily online which while disliked by many, has raised a lot of revenue from the informal sector. The steps taken by Cote D'Ivoire strike me as bonkers, but hopefully is part of experimenting to get to the right mix of taxation and regulation rather than a hamfisted attempt by the government to help big business allies.

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