Is Economic Liberalism the same as capitalism?
Economic liberalism or Neo-liberalism is not exactly the same as capitalism. Neo-liberalism is the belief that government run programs should be moved to the private sector. This was mainly popular in the 1990s, where in some nations the government sold the telephone companies, railways, electricity to private corporations. Some would say this has increased government efficiency and productivity, others would argue that Neo-liberalism has led to this recession through lax government controls–and that the government is in a worse position to restore the economy after selling off its resources in the 90s. P.S. I know you’re only joking with the *RED* comment, but if you’re interested in creating a healthy life and viable society than it’s unnecessary to so wantonly criticize other policies. You’ll never know if you’re right if you don’t fully examine your opponents arguments.
