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2025-08-18 21:11:49 UTC
in reply to

David Benfell, Ph.D. (he/him/his) on Nostr: Um, no. Austrian economics is the foundation of capitalist libertarianism, ...

Um, no.

Austrian economics is the foundation of capitalist libertarianism, represented in the U.S. today by the Libertarian Party. It's still very much a current ideology.

And it, in turn, is the foundation for neoliberalism, which abandons the pretense of a level playing field, also very much a current ideology.