The post-neoliberal paradigm shift is when we realize our capacity to spend independent of arbitrary budget constraints is not because of circumstantial and temporary low interests rates but rather that we don’t need to rely on bonds and interest rates at all for fiscal policy
This will be when we understand that interest rates are neither natural occurring signals nor provide ideal information about economy’s capacity
When we understand that unemployment is not a natural state of the economy and the necessary barrier of last resort against inflation
When we understand that money isn’t a finite and scarce “realization of value” from exchange and commerce
When we understand that governments and policies don’t intervene into self standing markets but rather create them from the get go
When we stop attributing all these economic categories to physical laws analogizing gravity and acknowledge that an economy is designed by social decisions rules & assumptions about how we want to coexist with nature & each another, that’s when we will finally slay neoliberalism
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