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I should have probably clarified what neoliberalism means. The author writes from a British viewpoint, but the term is misused in some contexts. To be clear, neoliberalism in a nutshell advocates for privatization over government ownership, austerity in government spending, deregulation, and free trade with minimal tariffs or quotas.
In reality, much like the arguments on capitalism versus socialism, we are served by a mixture or blend of philosophies. Over time the various trends have not served those on the bottom of the economic ladder as well. But having a revolution of sorts to remake the system is not in the cards either.
Private ownership certainly drives innovation and creates jobs; however, private ownership is responsible for the loss of jobs because of its need to continually innovate through technology improvements and competition in the market place.
Government ownership or control through regulations is demanded for many facets of society. However, government bureaucracies can become bloated without the competitive edge to continually improve.
Government spending also drives the economy and is necessary especially in times of recession. However, government spending can also be very inefficient as one only has to look at the way our military wastes our tax payers money. No bid contracts invite corruption.
Trade is necessary function for every country in the world to survive. I am an advocate for "freer trade" and was a big supporter of the Trans Pacific Partnership. Our withdrawal from that trade deal will hurt our economy in the long run.
Global trade has resulted in the loss of jobs, but like technical innovation has also created jobs in other sectors. Those who oppose free trade or push for restricted trade only on their terms to protect jobs will find that our global competitiveness is harmed.
We certainly need a public dialogue on the pluses and minuses of various aspects of our economies, but the selfish amongst us cannot allow that to happen. The so called "Apollo program" is a dream and certainly could never happen in the time frame that would appease those who are naysayers.
For now the best we can do is carve out incremental gains by electing people with the knowledge and insight on how to accomplish those goals. But we may be too far down the rabbit hole for that to happen. We vote our emotions more than ever.