I’ve read an interesting paper.
The idea that the market is about fair competition is increasingly negated by the facts of extraordinary monopoly, centralization, and internationalization on the part of corporate and financial powers. The startling increase in class and regional inequalities both within states (such as China, Russia, India, Mexico, and in Southern Africa) as well as internationally poses a serious political problem that can no longer be swept under the rug as something transitional on the way to a perfected neoliberal world. The neoliberal emphasis upon individual rights and the increasingly authoritarian use of state power to sustain the system become a flashpoint of contentiousness. The more neoliberalism is recognized as a failed if not disingenuous and utopian project masking the restoration of class power, the more it lays the basis for a resurgence of mass movements voicing egalitarian political demands, seeking economic justice, fair trade, and greater economic security and democratization.
source: Neoliberalism as creative destruction by David Harvey.
You may know him from this RSA video.
#neoliberalism #quote #david-harvey #market #competition #trade #economics #democracy
We use a sort of tag word #neoliberalism to refer to a kind of hyper capitalism that emphasises privatization, deregulation, short term profits at all cost, sort of an entia tax, entia regulation, sort of a diminishment of public goods provision, social safety net idea. So what we critisizing here is that rather than allowing to market to function on top of negotiated values toward ends that have identified by our society, what we see now with this emphasis on neoliberal policies is that the market principles have become #values and the ends, and so they are used to determine all our social policies.
#quote from the #thinkingallowed #bbc #podcast
#quote from the #thinkingallowed #bbc #podcast: We use a sort of tag word #neoliberalism to refer to a kind of hyper capitalism that emphasises privatization, deregulation, short term profits at all cost, sort of an entia tax, entia regulation, sort of a diminishment of public goods provision, social safety net idea. So what we critisizing here is that rather than allowing to market to function on top of negotiated values toward ends that have identified by our society, what we see now with this emphasis on neoliberal policies is that the market principles have become #values and the ends, and so they are used to determine all our social policies.