zlacker

What big leftist economics policies have been enacted in the West recently?

>>contag+(OP)
Massive expansionist post-Covid fiscal policy and QE that created the inflationary crisis. Mass immigration (yes immigration is an economic policy).

>>dismal+s
Immigration was kicked off long before recent times and used to largely be a right-wing policy.

>>contag+(OP)
All those commie socialist corporate bailouts?

>>dismal+s
Immigration is not leftist, it degrades value of labor. It's liberal policy - in the US this is conflated with left, but elsewhere liberal stands for individualist policies, while left is more or less socialist, the exact opposite.

>>dismal+s
What nonsense is this? The St. Louis Federal Reserve documented most inflation was due to profit seeking (gouging), not QE—that’s right wing libertarian drivel.

>>EarthA+w3
Profit seeking is normal behaviour. The economic system normally keeps it in check through competition. If it's not kept in check it's because of the economic conditions.

>>hindsi+L1
2008 TARP for Wall Street? Corporate tax breaks that were unfunded and yielded $2 trillion in cash reserves decidedly not funneled down to working people. Sounds like socialism for institutions too big to fail, but not for people who needed it (70% of Americans with less than $1,000 in savings for emergencies).

How long will this situation continue before the house of cards tumbles down?

>>peterp+n1
The rate of immigration and our ability to assimilate immigrants matters.

>>tpm+k2
Certain kinds of leftist are anti-immigration. But anarchists and those in favor of international communism are aggressively (sometimes militantly) opposed to the concept of national borders or any meaningful restrictions on the movements of people.

>>petsfe+g6
And were the people making pro immigration policies in the west in favour of "international communism", or liberal capitalism?

>>dismal+U4
That is not a relevant answer to my statement.

>>dismal+B4
I've not seen the economic system keeping it in check through competition in my lifetime and I don't think it did historically.

>>petsfe+g6
Those groups are not anywhere close to wielding power or influencing govs decisions.