The ACA is very much the opposite of neoliberal.spent his presidency as a faux populist pushing the neo liberal globalist corporatist line, now spends his time reaching out to other globalist corporatist tools. so brave
#theresistence

The ACA is very much the opposite of neoliberal.![]()

Not really a key tenet of neoliberalism is privatization and while the ACA didn't create the system of private health insurance it has turned legislation, which greatly benefits insurance companies, and was originally written by the Heritage Foundation into the law of the land.The ACA is very much the opposite of neoliberal.![]()
fukking neolibs redistributing the wealth and shyt
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A Salon analysis of regulatory filings found that the top five health insurers — UnitedHealth, Anthem, Aetna, Humana and Cigna — have doled out nearly $30 billion in stock buybacks and dividends from 2013 to 2015. (The Supreme Court ruled in favor of the Affordable Care Act in 2012.)
Meanwhile, the increase in customers that these health insurers received under ACA has helped raise the stock prices of the top five insurers — some 80 percent for Anthem and 165 percent for Aetna since the high court ruled on June 28, 2012 that Obamacare was constitutional.
While Americans continue to fork out more money, insurers are doing great
In fact, more than half of the big insurers’ revenues is now coming from the government, not the private sector. And they’re fine with that.
Make no mistake, health insurance lobbyists also helped shape the Affordable Care Act. Most notably, they were able to get a provision stripped from the bill that would have created a government-run insurance plan (the “public option”) to compete with private insurers. But they didn’t get everything they wanted.
Not really a key tenet of neoliberalism is privatization and while the ACA didn't create the system of private health insurance it has turned legislation, which greatly benefits insurance companies, and was originally written by the Heritage Foundation into the law of the land.
Buy AyyyeWhat is 'Neoliberalism'
Neoliberalism is a policy model of social studies and economics that transfers control of economic factors to the private sector from the public sector. It takes from the basic principles of neoclassical economics, suggesting that governments must limit subsidies, make reforms to tax law in order to expand the tax base, reduce deficit spending, limit protectionism, and open markets up to trade. It also seeks to abolish fixed exchange rates, back deregulation, permit private property, and privatize businesses run by the state.
Liberalism, in economics, refers to a freeing of the economy by eliminating regulations and barriers that restrict what actors can do. Neoliberal policies aim for a laissez-faire approach to economic development.
Read more: Neoliberalism Neoliberalism
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What about the expansion of Medicaid?Nope. Obama care is a huge subsidy and the expansion of medicare alone fukks your argument.
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Which again lead to privatization and the total disregard of a public option, because of pressure from insurance companies.While insurers have complained that participating in the Patient Protection and Affordable Care Act (PPACA) individual marketplace has largely been an unprofitable endeavor, we’ve heard far fewer complaints from them about the PPACA’s dramatic expansion of Medicaid, which has turned out to be a major business opportunity for the biggest players in the insurance industry.
Health insurance can be confusing. Take the Affordable Care Act (aka “Obamacare”). Health insurance companies spent a lot of money lobbying to make sure they’d profit from the eventual system. They were so successful, in fact, that a frequent criticism of Obamacare is that it’s just a “giveaway to the health insurance industry.”
he kinda did tho, you know first black president, aka person from a marginalized group orchestrated a take over of the most powerful nation, not through revolutionary means as has always been the case, but through regular means, the same means that had been constructed to prevent marginalized groups from taking power.But he didn't change anything, he towed the line and maintained the status quo with charisma and flowery speeches. I respect him as a symbol of black excellence but his politics were trash for the black race.
