Let's confront the past a bit: How did it come to this? Did the end of the communist threat strip capitalism of its inhibitions?It's patchy, but worth a look.
The form of capitalism reined in by nation-states and Keynesian economic policies – which, after all, conferred historically unprecedented levels of prosperity on the OECD countries – came to an end somewhat earlier, already with the abandonment of the system of fixed exchange rates and the oil crisis. The economic theory of the Chicago School already acquired practical influence under Reagan and Thatcher. This merely continued under Clinton and New Labour – and during the period as British chancellor of the exchequer of our most recent hero Gordon Brown. However, the collapse of the Soviet Union led to a fatal triumphalism in the West. The feeling of being among the winners of world history is seductive. In this case it contributed to inflating a theory of economic policy into a worldview permeating all areas of life.
Neoliberalism is a form of life. All citizens are supposed to become entrepreneurs of their own labour power and to become customers...
...and competitors. The stronger who win out in the free-for-all of the competitive society can claim this success as their personal merit. It is deeply comical how managers – though not just them – fall prey to the absurd elitist rhetoric of our talk shows, let themselves be celebrated in all seriousness as role models and mentally place themselves above the rest of society. It's as if they could no longer appreciate the difference between functional elites and the ascriptive elites of estates in early modern societies. What is so admirable about the character and mentality of people in leading positions who do their job in a halfway competent manner? Another alarm signal was the Bush Doctrine announced in Fall 2002, which laid the groundwork for the invasion of Iraq. The social Darwinist potential of market fundamentalism has since become apparent in foreign policy as well as in social policy.
"Feudalism Lives on in the Delta" -- Ray Sprigle
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all of this comes from here Chapter 14 Feudalism Lives on In the Delta By
Ray Sprigle Black of the rich earth and green of the springing cotton
plants stre...
4 years ago
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