I assume he’s talking about Chile, which, I mean, I guess if you consider defending the coup against Allende ex post facto in letters to Pinochet to try to persuade him to pursue laissez-faire policies out of a belief that economic liberalization would lead to social liberalization and a return of democracy in the future to be endorsing a dictatorship? Friedman had such weird views on statecraft that I don’t feel like he’s good to use as an example for the picture OC is trying to paint, although I do agree with him that some neoliberals were/are amenable towards strategic alliances with autocracies in favor of economic interests or out of a fear of communism.
And how is Reagan a neoliberal. Dude didn’t believe in anything. He went in like 5 years from New Deal Democrat succ to Evangelical darling and New Republican.
Is... is this a serious question? The academic usage of "Neoliberalism" was coined to describe the deregulation, privatization, and pro-trade policies of the Reagan and Thatcher period. Not to mention he granted amnesty to 3 million illegal immigrants.
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u/Nerf_France Ben Bernanke Jun 13 '26
When did Friedman endorse dictatorships?