The invisible philosophy that’s destroying the world
the failure of “neoliberal” approaches to economic policy and global governance.
Instead of quoting from Brad’s posts, I’ll try to summarize his case. Basically, he argues that leaving everything to the market after 1970 resulted in a number of crises:
Instead of quoting from Brad’s posts, I’ll try to summarize his case. Basically, he argues that leaving everything to the market after 1970 resulted in a number of crises:
- Leaving energy to the market resulted in global warming
- Leaving trade and industrial policy to the
Noah Smith • At Least Five Interesting Things: Will of the Masses Edition
An ideological position can never be really successful until it is naturalized, and it cannot be naturalized while it is still thought of as a value rather than a fact. Accordingly, neoliberalism has sought to eliminate the very category of value in the ethical sense. Over the past thirty years, capitalist realism has successfully installed a
... See moreMarc Fisher • Capitalist Realism
In the past decade, liberalism has taken a beating from both sides of the political spectrum. Its critics to the left view its measured gradualism as incommensurate to the present’s multiple emergencies: climate change, inequality, the rise of an ethno-nationalist right. Conservatives, by contrast, paint liberalism as a cultural leviathan that has... See more
“To recap, neoliberalism's network of influence operates as follows:
• “Oligarchs and corporations often covertly (i.e. 'using dark money') fund think tanks and academic departments.
• “These institutions, in turn, make the unreasonable demands of the oligarchs and corporations sound reasonable and normal.
• “The press - also largely controlled by