"In his latest book,"Hayek’s Bastards: Race, Gold, IQ, and the #Capitalism of the #FarRight", #QuinnSlobodian writes that the rise of the contemporary right — both in its #technolibertarian and more #authoritarian strains — cannot be understood without considering neoliberal thinkers’ turn to nature and science as a buttress against demands for #socialjustice and #affirmativeaction in the 1990s.

"The book was intended as a corrective to the narrative in which the far right was understood as a response to the excesses of #neoliberalglobalization.
The idea is to understand how people who prioritize #economicfreedom above all else would find helpful allies in people who believe in natural forms of hierarchy such as race, gender, and intelligence.
Things like the present project of destroying the #worldtrade system are not explainable by simple structural incentives. It has a very strange intellectual coherence, but one that you can map out.
There’s a concerted effort right now in the United States to make the practice of scholarship as we’ve understood it impossible. It’s really an effort to defund #highereducation."

https://jacobin.com/2025/04/race-science-neoliberalism-hayek-slobodian/

The Method in the Far Right’s Madness

Today’s far right manages to combine the call for economic freedom with pseudoscience about natural hierarchies of race and IQ. Historian Quinn Slobodian explains how these ideas can be fitted together.

If the Chinese Communist Party (CCP) can't exist, then others trying to bring it down using "authoritarianism is bad" as justification are demonstrating their own form of control, which I see as a form of authoritarianism. The US wants to control world trade, and looking to the US for trade can also be considered authoritarianism.

#GlobalControl #Authoritarianism #USChinaRelations #EconomicPolicies #TradeDynamics #PoliticalNarratives #GlobalEconomy #EconomicFreedom #ConsumerRights #TradeWar #FairTrade #EconomicJustice #MarketDynamics #PoliticalInfluence #GlobalCooperation #RespectForSovereignty #EthicalTrade #EconomicSovereignty #CriticalThinking #PowerBalance

It seems that for me, if I choose to be a survivalist individualist person, genuinely based on hardships and effort in trading, then I follow the Chinese way. If I want to be a narcissist who doesn't feel how those poor people feel in the streets every day, making fun of others and using freedom of speech as justification at the expense of respect for others, then U.S. ideologies are better for me. It seems that the Chinese way represents real trading for me; it is based on efforts and hardships, not on control, vendor lock-in, narcissistic reputability, and brands.

#SurvivalistMindset #Individualism #ChineseWay #USIdeologies #HardshipAndEffort #EconomicPhilosophy #Consumerism #Narcissism #RealTrading #VendorLockIn #RespectForOthers #FreedomOfSpeech #PersonalValues #EconomicFreedom #GlobalEconomics #MarketDynamics #ConsumerBehavior #EthicalConsumption #ResponsibleLiving #MoralCompass

8️⃣ The Power of Open Trade
Open trade maximizes efficiency, consumer choice, and wealth creation. Embracing free trade is embracing our economic potential—locally and globally. #FreeTrade #EconomicFreedom #20postchallenge

1️⃣1️⃣ The Work Trap — Why We Fear Economic Freedom

🔥 For centuries, we’ve been taught that work equals virtue — but productivity, innovation, and investment matter more.

✅ AI productivity and investment-driven UBI shift value away from survival-based labor and toward creativity, entrepreneurship, and personal growth.

💡 Economic freedom lets people focus on what they’re best at — and what matters most to them.

#UniversalWealth #UBI #AI #EconomicFreedom #20postchallenge

8️⃣ Why Economic Growth is Being Artificially Limited

🔥 The biggest limit on economic growth isn’t technology — it’s bad policy.

✅ AI productivity, investment-driven UBI, and immigration reform can drive GDP growth rates to 8-10% annually — like China’s peak or post-WWII America.

💡 Growth thrives when barriers are removed.

💭 What’s one policy you believe is holding back economic growth?

#FreeMarkets #EconomicFreedom #InvestInGrowth #UniversalWealth #20postchallenge

7️⃣ Investment-Driven UBI Replaces Taxes with Growth

🔥 Why fund public services with taxes when investment growth can do better?

✅ An investment-driven UBI expands opportunity while preserving wealth. Growth fuels prosperity without burdening economic activity.

💡 We don’t need higher taxes — we need smarter institutions that build wealth for everyone.

#UniversalWealth #UBI #EconomicFreedom #InvestInGrowth #20postchallenge

5️⃣ AI + UBI = A Civilization Where People Engage With Purpose

🔥 AI should free us from survival-driven labor — not trap us in insecurity.

✅ With AI productivity and investment-driven UBI, people can focus on creation, entrepreneurship, and personal growth instead of survival.

💡 The goal isn’t to eliminate work — it’s to unlock freedom and purpose.

#UniversalWealth #UBI #AI #EconomicFreedom #20postchallenge

For 2,500 years, people believed poverty was necessary to motivate work. That belief is outdated. Wealth multiplies opportunities, drives efficiency, and makes sustainable abundance possible. The real risk isn’t universal wealth—it’s stagnation. #AbundanceMindset #Wealth #EconomicFreedom #UniversalWealth

@LukeLeal @Radical_EgoCom

You may consider reading my post [https://hachyderm.io/@srijit/114041629339916466] regarding my attempt to explain capitalism to a high school student and the corresponding responses from @RD4Anarchy.

I must add that the replies from @RD4Anarchy are more intriguing and thought-provoking than my own.

#Capitalism #EconomicSystem #EconomicSystems #EconomicFreedom

Srijit Kumar Bhadra (@srijit@hachyderm.io)

[Part 1/2] My attempt to explain capitalism to a high school student Economic system An economic system is a way that a country or society organizes and manages its resources, such as money, goods, and services. It's like a set of rules and practices that determine how people earn money, buy and sell things, and make decisions about what to produce and consume. Economic freedom Economic freedom means having the ability to make your own choices about how to earn money, buy and sell things, and make decisions about what to produce and consume. It is the freedom to participate in economic activities without unnecessary restrictions or interference. Capitalism Capitalism is an economic system where people can start their own businesses and make decisions about what to produce, how much to charge and where to sell their products. In this system, capital assets (e.g. factories, mines, rail, roads, ports etc.) can be privately owned and controlled by individuals or private companies and labour is purchased for money wages. Profit is the money a business earns after paying for all the costs involved in producing and selling goods or services. The primary goal of capitalism is to make a profit (need not be as much profit as possible) by selling goods or services. This profit motive drives competition among businesses to be the low-cost producer of a certain good and to switch production to more profitable goods if necessary. Economic freedom and capitalism Economic freedom is not only related to capitalism. Other economic systems also provide economic freedom to varying degrees. Economic freedom is important because it encourages innovation, entrepreneurship, and economic growth. When individuals and businesses have the freedom to make their own economic decisions, they are motivated to work hard, take risks, and come up with new ideas. This leads to the creation of new businesses, job opportunities, and improvements in the quality of goods and services. Reference: https://www.imf.org/external/pubs/ft/fandd/2015/06/basics.htm #Capitalism #EconomicSystem #EconomicSystems #EconomicFreedom

Hachyderm.io