this post was submitted on 05 Apr 2026
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[–] Iheartcheese@lemmy.world 62 points 2 weeks ago (4 children)

I'm a dumb American and don't know who this is. He didn't really do that did he? What the fuck is going on.

[–] 9point6@lemmy.world 85 points 2 weeks ago (2 children)

He's one of the fathers of neoliberalism, and therefore a lot of the problems we all face today

[–] ChilledPeppers@lemmy.dbzer0.com 18 points 2 weeks ago

I believe he is the one who coined the term, and if you read the text in which he did that, you will see that what we got is nothing even close to what he wanted.

[–] Denjin@feddit.uk 54 points 2 weeks ago

Codified the concept on lessaiz faire economics giving a pseudo-academic justification for the Reaganite and Thatcherite fiscal policies that are broadly responsible for the sorry state of public services in America and Britain today.

[–] SatansMaggotyCumFart@piefed.world 38 points 2 weeks ago (1 children)

Nah it’s one of them stories that sound cool and smart and shit but it’s made up.

[–] RickyRigatoni@piefed.zip 5 points 2 weeks ago

All stories are made up.

[–] sorghum@sh.itjust.works 19 points 2 weeks ago* (last edited 2 weeks ago)

Nobel prize in economics back in the 70s. Wrote several books most notable being Capitalism and Freedom