I don’t understand why neolibs would be against M4A, aside that it benefits poor folks. It’s good for productivity, frees up money to consume and travel, saves corporations money… I guess they’re just penitentiary dick heads
Long rooted anti communist sentiment has made it so that the American ruling party would most likely refuse social services to poor people even when it’s directly against their own self interest. They’d rather see capitalism collapse rather than make concessions to the poor to uphold capitalism out of pure spite
American neolibs are different than other countries’ technocrats. The UK and EU knows to give concessions to their people for the sake of a strong consumer base, but the American elite are so resentful of the poor that they view giving even the slightest concessions as a total failure if there isn’t an equal or greater handout to elites (see: Obamacare).
M4A is both too simple and too drastic of an idea. They’d rather have some overly complicated technocratic knob turning.