this post was submitted on 30 Apr 2025
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Chapotraphouse

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https://www.reddit.com/r/ezraklein/comments/1jzozuw/why_trump_could_lose_his_trade_war_with_china/

The podcast itself is quite interesting if you can handle moments of extreme liberalism, both hosts admit that china is living in the future and that America has failed on a structural level

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[–] InevitableSwing@hexbear.net 0 points 6 months ago (1 children)

I never googled abundance liberalism. The definition is even worse than I expected.

What is ‘abundance’ liberalism, and why are people arguing about it?

Klein and Thompson make their case in a new book simply called, with no subtitle, Abundance. The authors put forward a positive pitch for “abundance liberalism”: a vision of the US where policymakers spend less time fighting over how to apportion scarce resources and more time making sure there’s no scarcity to start with.

Abundance has received a mostly positive reception so far, but also sparked debate, with critics arguing that the book ignores the effect of corporate power, downplays Republicans’ role in the crises that the US faces or overstates the effectiveness of its policy prescriptions. A writer in the left-leaning magazine American Prospect accused the “abundance agenda” of being “neoliberalism repackaged for a post-neoliberal world”.

[–] SevenSkalls@hexbear.net 1 points 6 months ago

Haven't we already proved that doesn't work with things like food, where we already have more than enough but people still go hungry? I'm sure there's tons of other examples, too, that show that capitalism encourages artificial scarcity.