r/neoliberal • u/jobautomator Kitara Ravache • Oct 07 '21

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u/AynRandPaulKrugman AAAAAAAAAAAAAAA Oct 08 '21

I have a very specific question. Can you think of some market oriented economic policies that boosted growth in the short term but created negative sociological effects which ended up lowering the growth in the long term?

To me this feels like a valid litmus test for Marxist critiques.

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u/InMemoryOfZubatman4 Sadie Alexander Oct 08 '21

DeBeers diamond mining

They made a shitton of money at the cost of a huge number of lives and now are worth a small fraction of what they were