Why YSK: I’ve noticed in recent years more people using “neoliberal” to mean “Democrat/Labor/Social Democrat politicians I don’t like”. This confusion arises from the different meanings “liberal” has in American politics and further muddies the waters.
Neoliberalism came to the fore during the 80’s under Reagan and Thatcher and have continued mostly uninterrupted since. Clinton, both Bushs, Obama, Blair, Brown, Cameron, Johnson, and many other world leaders and national parties support neoliberal policies, despite their nominal opposition to one another at the ballot box.
It is important that people understand how neoliberalism has reshaped the world economy in the past four decades, especially people who are too young to remember what things were like before. Deregulation and privatization were touted as cost-saving measures, but the practical effect for most people is that many aspects of our lives are now run by corporations who (by law!) put profits above all else. Neoliberalism has hollowed out national economies by allowing the offshoring of general labor jobs from developed countries.
In the 80’s and 90’s there was an “anti-globalization” movement of the left that sought to oppose these changes. The consequences they warned of have come to pass. Sadly, most organized opposition to neoliberal policies these days comes from the right. Both Trump and the Brexit campaign were premised on reinvigorating national economies. Naturally, both failed, in part because they had no cohesive plan or understanding that they were going against 40 years of precedent.
So, yes, establishment Democrats are neoliberals, but so are most Republicans.
Watching from a far (The Netherlands), it always amazed me how the political scale in the US is described. Even the democrats in the US feel more to the right, then positioned in the US. Some people go as far to call democrats communist, but I don’t think these people know what communist really is, in the same way that Americans don’t seem to know what (neo)liberal actually is. It is both entertaining and concerning to watch.
Yeah, the idea that Democrats are center-left is hilarious - by the standards in most of Europe, they’re not even center-right, just plain rightwing, whilst the Republicans are pretty much far-right (given their heavy religious, ultra-nationalis, anti-immigrant and warmongering - amongst others - rethoric).
The Overtoon Window has moved to the Right everywhere but in the US it did way much further than in most of Europe.
As for the whole neoliberalism stuff, it’s pretty easy to spot the neoliberal parties even when they’ve disguised themselves as leftwing or (genuine) conservatives: they’re the ones always obcessing about what’s good for businesses whilst never distinguishing between businesses which are good for people and society and those which aren’t: in other words, they don’t see businesses (and hence what’s “good for businesses”) as a means to the end of being “good for people” (i.e. “good for businesses which are good for people hence good for people”) but as an end in itself quite independently of what that does for people.
The Democrats are more socially left wing than the vast majority of European parties.
Don’t confuse Identity Politics, aka “We care only about that inequality which doesn’t involve the priviledges of wealth” as leftwing.
Those who disregard the biggest inequality of treatment there is by a HUGE margin (that of wealth) and only care about those inequalities which can be “fixed” without putting their own inherited priviledges (usually from being born in the high middle-class and above) at risk aren’t lefties as they’re not really fighting for the greatest good for the greatest number.
The kind of liberalism that ignores the power of money and ownership to constraint others’ freedom of action is incompatible with getting the greatest outcome for the greatest number because they see restrictions of accumulation of wealth and resources and anti-freedom and it’s been painfully obvious for decades that maximization of the greatest good for the greatest number is the exact opposite of the direction of concentration of wealth and ownership we have been travelling on.
Turning the other way while migrants drown in the Mediterranean isn’t “Identity Politics” and the insistence on cultural homogenization and labeling plurinationalism “Identity Politics” is very typical of European right-wing social ideology that pervades the parties in power.
Now you’re just using an “appeal to emotion” falacy.
A person who genuinelly wants to help others LOGICALLY starts by the ones most in need, and those are mainly those living in horrible conditions in refugee camps, not those who have a few thousand dollars to pay a trafficker.
Your barelly disguised neoliberal take on Equality with “oh so obvious” late XXth century marketing shaped appeals to emotion and eternaly repeated unthinking slogans which are fashionable within certain tribes (and hence social tokens of group membership amongst that crowd, who really are just in it for the sweet social ego-stroking) isn’t left-wing, it isn’t even a genuine want to do good by others, since it doesn’t obbey even the basic logic of “to do the most good you start by those in most need” something which would force looking at wealth inequality.
The internal-inconsistencies needed to exclude wealth inequality from that bundle of easilly parroted marketing slogans that portrays to be a political theory that fights Equality are so large, that even the idea that help should be allocated by need not by “insert easilly visibly characteristice people were born with” is seen as a threat.
Caring about migrants’ lives isn’t an appeal to emotion.
Your very first sentence on your post was about how those who disagree with your politics are “ignoring people dying”.
People making genuine, logical and well-founded arguments don’t start by claiming that those who disagree with them are closing their eyes to the death of others.
Yours wasn’t just an Appeal to Emotion Falacy, it was a particularly bad taste and sleazy one.
You’re seriously misguided if you believe that.
Tell me how Romani are treated in Europe
I think our country is starting to look like the US more and more which is scary.
I dunno at least we switch leaders every eight years. The Rutte government is about to hit year 14, right?
Yeah agreed. Last elections I wasn’t really sure what to vote on anymore, the political landscape is becoming to extreme for my taste. There are virtually no center parties anymore, especially when you exclude the religious related parties. With the recent election and the debates, the media is also trying to create a left versus right, which is a very strange thing to do in our system.
In the end, it would be nice to just have a government that cares about its people and future, they have made way too many mistakes over the past decade, mistakes that were avoidable if only they had listened. Cases in point: reversing the student grant system, pushing important government tasks to local governments (while reducing their budget) and the whole childcare debacle. Literally for all of these f*ups, the government was warned by experts…
Exactly, our government should be listening more to experts and not to money.
You need to understand, our two party system is not part of the actual government as it was designed. They are basically a pack of oligarchs running a good cop-bad cop routine on the electorate.
Our voting system naturally favors this dynamic. Anywhere you see “first past the post”, ask if the people feel like they’re voting for the leaders they’d prefer, or against the candidates that scare them the most. Oligarchic duopoly is the dominant game theoretic strategy inherent to FPTP.
I actually come from a country with a mathematically rigged voting system (not quite as much as the US, but still the current guys in power got 41% of votes and have an absolute parliamentary majority with 52% of parliamentary representatives) but lived for almost a decade in The Netherlands (which has Proportional Vote) as well as about the same in the UK (which is more like the US in that regard than the rest of Europe) and my impression is that there are 2 things pushing that dynamic in countries with such rigged voting systems vs the ones with Proportional Vote like The Netherlands:
- People do a lot of tactical voting in FPTP and similar because they can’t find electable parties whose combination of ideas of how the country and society should be managed aligns mostly with theirs, so they vote for a “lesser evil” and often driven by “kicking the bad guys out” rather than “bring the good guys in”. This makes it seem like the parties of the de facto power duopoly are more representative than they really are - in a PV system they wouldn’t get anywhere as many votes because even people with niche takes on politics would find viable representation in parties with a much more similar take so wouldn’t vote for them and would in fact be more likelly to vote positivelly rather than negativelly.
- The press itself in countries with the representative allocation systems rigged for power duopoly tends to present most subjects as having two sides only. This is complete total bollocks: people are complicated, social systems are complicated and almost no social/economic subject out there is so simple that there are only two reasonable ways of handling it and no more than two. This kind trains the public to look at things as two sided, reinforcing the idea that the system is representative as well as the us-vs-them mindless tribalism and even bipartisanism rather than the politics of consensus building.
We have two organizations that peddle in power. The GOP and The DNC. They are private “non-profit” companies. They have employees and everything and they are free to do whatever is needed to push the candidate they think will best serve their needs first. They both sell that power to clients. These days those clients are more direct and they collect through campaign donations, job guarantees, speaking fees, consulting contracts through families, trade deals, stock tips, family opportunities, Since Citizen’s United PAC money, and sometimes but rarely nowadays direct pay offs. The corruption is right in the open the difference between here and elsewhere is its all perfectly legal.
You’re not wrong, but I’d warn against any false equivalency here. It’s a pretty simple ethical dilemma and the least we can do is minimize the harm being done by the system with our votes.
I wasn’t comparing them at all. If one or the others interest happen to better align with yours then thats a happy coincidence. For all but 1% of Americans the DNC will better align with their interests and covers a far more diverse group of interests. Just don’t confuse that with your interests being priority for them outside of their need for your support.
Just elaborating on your point, not disagreeing at all. One can be better while both are shamefully lacking in many structural ways.
Cross fit, vegan, Linux on desktop, Bitcoin…
Most of our Dems voted to make it illegal for rail workers to strike.
The thing to get about deregulation in this context is that it’s a misleading term- ‘deregulation’ doesn’t mean un-doing regulation, it means handing regulatory authority over from democratically-accountable regulators, to private regulators that are less-accountable and often have interests at odds with those of the public.
In feudal times, regulation of trade or business was left to trade associations or guilds (who got to write their own rules that were typically rubber-stamped by the local nobility’s younger son) and that system more or less translated into today’s modern republics, up until the guilds and trade associations became trusts and monopolies. When the democratic regulatory state emerged to regulate spheres of business like banking and polluting industry because private regulators shat the bed, that was a shot in a war that the old guard business elites haven’t stopped fighting- they saw this as a taking of their power, and have sustained decades of effort to hand public authority back over to private trade associations
Seems to me this argument rests on the assumption of private regulators being less accountable public regulators but i don’t think this plays out so clear cut in practice. When’s the last time you ever had a problem with FINTRAC or the New York Stock exchange for instance?
The point I wanted to make here is that it matters who has regulatory control in a given sphere, and often private regulators’ interests and considerations will not be the same as those of the public at large. The democratic regulatory state exists (such as it is any more) because prior regimes of private regulation simply did not consider the public interest adequately. There is such a thing today as the EPA because congress in 1970 decided acid rain and rivers on fire wasn’t cool, and all of those ‘self-regulating’ industries out there just weren’t considering their downwind/downstream air-breathing, water-drinking neighbors enough. Likewise, regulatory controls on banking were imposed under the New Deal. The notion of public regulators is, historically speaking, a relatively recent one, and the ongoing political fighting about whether they ought to be public or private really ought to get the attention it deserves instead of being buried under abstract ‘government bad’ rhetoric.
It almost feels like political labels are there to deceive and confuse people or the political science is a meme that can’t be trusted to name things. I swear, majority of political conflict is just people misunderstanding each other.
I’m writing a thesis that has significant support that the United States is and has, with the exception of about 30 years of progressive policy, been a plutocracy. The divisions in put country are by design. Division among racial lines, political affiliation, religious affiliation, professions, etc. are used to prevent the unification of the laboring class and dissuade us from collectively recognizing and challenging the status quo. The working people of this country have far more in common than not, but the political and moneyed class sow division via these wedge issues to prevent radical change - which would likely shift the US toward Scandinavian style social democracy.
It’s not a unique problem to US either. Every country I lived in seems to suffer from this in some form or shape. I’d even argue that people need some sort of conflict and the manipulators are taking advantage of this.
Distracting and confusing the peasants is such a natural tool in our current society too, where outrage, click bait and manufactured conflict aligns with attention-based business (i.e. ads). So everything just works naturally.
People need to be mindful and aware of this so thanks for writing about it!
So, while you’re 100% correct about neoliberalism not belonging to either the left or the right, your basic description of neoliberalism isn’t correct. What you describe (deregulation, positive valuation of wealth generation, free markets, etc) is just liberal capitalism.
Neoliberalism names the extension of market-based rationalities into putatively non-market realms of life. Meaning, neoliberalism is at play when people deploy cost/benefit, investment/return, or other market-based logics when analysing options, making decisions, or trying to understand aspects of life that aren’t properly markets, such as politics, morality/ethics, self-care, religion, culture, etc.
A concrete example is when people describe or rationalize self-care as a way to prepare for the workweek. Yoga, in this example, becomes of an embodiment of neoliberalism: taking part in yoga is rationalized as an investment in self that results in greater productivity.
Another example: how it seems that most every public policy decision is evaluated in terms of its economic viability, and if it isn’t economically viable (in terms of profit/benefit exceeding cost/investment) then it is deemed a bad policy. This is a market rationality being applied to realms of life that didn’t used to be beholden to market rationalities.
Hence the “neo” in “neoliberalism” is about employing the logics of liberalism (liberal capitalism, I should say) into new spheres of life.
A good (re)source for this would be Foucault’s Birth of Biopolitics lectures, which trace the shift from Liberalism to Neoliberalism. As well, there’s excellent literature coming out of anthropology about neoliberalism at work in new spheres, in particular yoga, which is why I used it as my example here.
Yes! For anyone wanting more reading on the subject, Start here https://prospect.org/economy/neoliberalism-political-success-economic-failure/ Monbiot is also a good primer: https://www.astrid-online.it/static/upload/monb/monbiot_guardian_15_04_16.pdf
Globalized trade is good actually
Globalized trade has been a thing long before neo-liberalism existed, arguably longer than capitalism has existed. Equating neo-liberalism with “global/globalized trade” is incredibly reductive…
I didn’t see that comment as reductive. More like pointing out a part of neo-liberalism that the commenter thought was good.
In other words, the comment is simply “globalized economy is good.” The comment is not what you’re inferring: "neo-liberalism is good because globalized economy is good "
Yes this is actually what I meant.
I do not subscribe to neoliberal economics- if anything I’m just left of the average Keynesian.
I’m Georgist, and I agree with you that global trade is good. Why would we purposely do to ourselves what we do to our adversaries during wartime? One certainly doesn’t have to subscribe to all of neoliberalism to believe global trade is good.
Thank you for clearifying, I have misinterpreted your comment in that case.
I love how civil everyone is being! And I appreciate that you edited your earlier comment.
Much more than globalized trade, globalized sharing of knowledge, awareness and circumstance - perhaps even globalized power, one day. The fight against capitalism will definitely require a great plan to take global communication away from private capital.
Yep, the best way to prevent rich powerful assholes from getting us into huge wars is to make it extremely unprofitable. Don’t want to kill your market or labor force. Don’t want to disrupt your supply chain. Etc.
Literally the Ukraine war is an excellent example of this. Second most powerful army in the world fighting a much smaller and poorly equipped army. Now only the second most powerful army in Russia.
I wouldn’t say an army with airforce, patriots, himars, bunch of javelins and now western tanks is poorly equipped.
With the exception of the air force, most of this stuff came after Russia began the invasion in 2014. The Ukranian Air Force, absent support from allies, is actually kind of a liability since it’s largely Mikhoyan and Sukhoi materiel where the maintenance, modernization, and operational expertise is concentrated in Russia. Ukraine basically had to invent its own supply chain from scratch.
On the whole, for sure. But that doesn’t make it any more palatable for workers when jobs are relocated from their area.
Right, but that’s less of a consequence of Globalization and more of a consequence of our national economy being structured in a way that offsets risk onto the most vulnerable working class folks. If we had universal healthcare not reliant on employment, reskilling assistance, and some kind of basic income, it would be easier to both protect people and reap the benefits of Globalization.
Who is our/we? You’re literally in Lemmy.world.
our national economy being structured in a way that offsets risk onto the most vulnerable working class folks
i.e. neoliberalism
Internationalism is good. Globalism is not. All globalism means is open borders for capital and hard borders for workers.
Globalism when used by like 95% of people includes dropping immigration restrictions, so I’m not sure what you’re on about here.
Not really. They emphasize “legal” immigration, by which they mean a series of restrictions on how people are allowed to enter the country and what qualifies them to become citizens. The actual implementation of neoliberal policies always includes strict border controls, limited asylum seeking, 2nd class citizenship for migrants, and harsh penalties for migrating “wrong” and not jumping through all the legal and financial hoops.
Capital moving freely while migrants die in the Mojave and drown in the Mediterranean.
Again, 95% of people who use the term “globalist” to describe someone else associate it with open borders. I’m not sure what you’re on about here.
When you’re talking about neoliberalism, ‘globalism’ also has a lot to do with trade and international finance- from the 1940s (after fallout of the great depression and the World Wars) Keynesian economics was ‘in’, and international lending agreements upheld countries’ ability to conduct nation-level managed/mixed economies- but when the neoliberals swung into power, the new order of the day was to strip countries of their self-managing ability in ways that made them accessible to/exploitable by global conglomerates and corporations:
At Bretton Woods in 1944, the use of fixed exchange rates and controls on speculative private capital, plus the creation of the IMFand World Bank, were intended to allow member countries to practice national forms of managed capitalism, insulated from the destructive and deflationary influences of short-term speculative private capital flows. As doctrine and power shifted in the 1970s, the IMF, the World Bank, and later the WTO, which replaced the old GATT, mutated into their ideological opposite. Rather than instruments of support for mixed national economies, they became enforcers of neoliberal policies.
The standard package of the “Washington Consensus” of approved policies for developing nations included demands that they open their capital markets to speculative private finance, as well as cutting taxes on capital, weakening social transfers, and gutting labor regulation and public ownership. ~ https://prospect.org/economy/neoliberalism-political-success-economic-failure/
So, in this sense, ‘globalization’ not just the opening of borders for labor and immigration, it is the swing away from ‘nationalization’ of economies and of national economic sovereignty, to prevent countries from impeding the flow of capital (and corporate power) into and out of their borders on behalf of global finance and colonial power
People who describe themselves as globalists generally reject the idea of open borders. Labor visas, not the free movement of labor.
What you’re talking about is a smear, not reality.
Or the workers in the nation where the work is moved, and since companies are min-maxing their profits with no regulation, you have factories with suicide nets
I won’t completely dispute your point regarding suicide nets. But I would add context that these “factories” have 200k workers that live there in dormitories away from their families. Suicide rates of the general population is about 10 per 100,000. So you’d expect 20 suicides per year from the workforce just based on statistics. Suicide nets just make sure they don’t do it that way and force trauma on bystanders.
I have no idea if the conditions at Foxconn increase (shitty paying job that treats you like slaves including locking you in at night) or decrease (well paying job with food and accomodation taken care of, and security when you sleep) suicide rates. It really depends on your outlook, and I’m sure both views are held by people working there.
Yes.
Pushing every poor country to invest on the same export industries because your ideology believes they are inferior people that can only ever do that, or because you want them to subsidize your local consumers of those industries is not a good thing.
But people can’t handle any complexity, and this get turned into “advocated global trading”.
Student loans debt slavery is bad actually.
Neoliberals hate when this is brought up.
And cheese is made of cow’s milk. Non sequiturs are fun!
Yes which is why you made one just now.
Criticism of the economic policies of a group that is focused on economic policy is appropriate.
Sorry your bff’s like student loans debt
Globalism doesn’t have a view on student loans buddy, sorry to break your bubble.
It’s kinda sad how classical social democracy is basically dead nowadays. Here in Europe they are almost all neoliberals and some (like in Denmark) even start to mix this with right wing social policies.
Slightly OT comment from me, so sorry.
Social democracy was a false idol anyways, nothing but socialism can work in the long term, socdem always gets repealed by the rich.
always gets repealed by the rich.
Power, uh, finds a way. It’s true for any system, not specifically social democracy? Change my mind.
What socialist societies that have existed have lasted a long time?
They don’t tend to last very long because of US interference. But if you don’t use time as a merit but other measurable factors such education, social security or healthcare, I’d say they score at least en par if not better than SocDems.
Rome lasted a lot, should we get back to empire and slavery?
Rome was a republic for like 500 years.
It was, than it wasn’t any more.
And tbf, the portion of the right that is legit fascist kinda actually hates all those things. They’ve no love at all for their more economically-oriented allies.
centre-left
This is misleading. Neoliberalism is inherently capitalist, not socialist/communist.
All left-right political terminology is inherently subjective, so you can argue neoliberalism is promoted by center-left parties as long as you’re defining the center as being to the right of that. Since this post seems to be about the United States, that center is already pretty far to the right as measured from, say, Denmark (picked a name out of a hat). I think the bigger argument here is about US-defaultism rather than whether or not it’s OK for Americans to describe things in terms that relate to their political climate.
It’s not subjective - the definitions of words has been eroded on purpose. This is orwellian destruction of language and it works
Of course it’s subjective. The terminology of the left-right political divide originally referred to 18th-century France. In the 21st century, we’re usually not defining the political center of a nation by how it compares to the French Parliament of 250 years ago. The center moves over time and space, and the left and right are relative to that center.
I do think this comment thread is confusing people, though, as noted in an above edit. For clarity, nobody is saying neoliberalism is a center-left movement.
The very concept of putting political spectrum in one-dimensional axis is purposefully broken. Left vs right doesn’t tell you jack shit about the actual ideologies. Life is more complex than this
What you said makes zero sense. Neoliberalism is distinctly NOT a left wing ideology. To even try and associate them makes you look like you don’t know what you’re talking about.
Can we not bring this energy over from Reddit? You’re arguing with something I didn’t even say. We both agree, neoliberalism is not a left wing ideology. I didn’t say that, the OP didn’t say that, I don’t know who you’re even talking to with that remark.
What the OP said is that American center-left and center-right parties have both been proponents of neoliberalism. The only part of this that’s remotely controversial is whether it’s accurate to describe any American political parties as “center-left”. From a global perspective, you can easily argue that that’s not accurate. Go for it. From an American perspective, there are parties who are to the left of the (American) center. The Democrats are both center-left from the American perspective and proponents of neoliberalism. To restate: That does not mean that neoliberalism is a center-left or any other kind of leftist ideology. It only means what it says.
It’s not a left-wing ideology, but in the US there are no left-wingers in the federal political stage (Occasio-Cortez and Bernie Sanders are about as left as Democrats go, and they’re considered radical left by center-Dems).
That is to say those of us with dreams of social programs and election reform are considered radical left in the US, even though we’d be centrist in the EU.
Interestingly, according to retired CIA analysts, without those social programs and election reforms, the US is destined towards civil war, but the current genocide politics might make that evident.
Dude, you quoted a single word out from OP and somehow even got that wrong. Which makes me think you’re being deliberately obtuse.
OP wrote about “center-left” – the American spelling. So it’s clear that OP was discussing neo-liberalism from an American point of view. And in American politics, neo-liberalism is absolutely a component of center-left politics.
Sorry if this sounds angry. I get frustrated at the constant reframing of American politics under international standards. Yes, Americans lack a true leftwing in our politics. That’s well established at this point. Nitpicking language around “American left” vs “international left” derails real discussion and is not helpful.
I don’t know. If you ask me. I think asserting that everyone but you was wrong. And that you are correct because of a special America/western only definition is a height of the hypocrisy and absurdity.
Politics is not relative like your hands. They are defined and understood. Just not by westerners.
In this case, OP is clearly talking about American politics. That is what I am saying.
I was calling out a reply that purposefully distorted OP’s language, the language used in this specific post. The discussion of the American political compass versus the international political compass is beside the point. And it’s obtuse and unhelpful to derail a perfectly good discussion with insults aimed at OP’s clearly American perspective.
You think center-left is socialist/communist?
They don’t “think it”, as if they’re confused, they’re implicitly defining “left” as socialist, or at least anti-capitalist.
That’s not really reality tho is it?
America is dripping out of every letter of that comment, lol
ELI5: The difference between neoliberal (as defined above) and libertarianism.
Neoliberalism is more focused on free trade and globalism, whereas libertarianism focus more on individual liberties and minimal governmental intervention in all aspects of society, not just economically.
Sorry if that’s not ELI5, but that’s the gist.
I think the confusion, in part, stems from the fact that if someone proclaims they are “a liberal” it often turns out they care mostly or exclusively for economical liberalism. At least that’s my impression when talking to people.
The confusion comes because “liberal” is a very nebulous word that can mean very different things.
In terms of political ideology, there are three main types that generally exist in Western democracies.
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Classical liberalism - emphasizes individual freedom, limited government intervention in the economy, and the protection of natural rights, such as life, liberty, and property.
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Neoliberalism - emphasizes free markets, deregulation, privatization, and reduced government intervention in the economy.
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Social Liberalism - combines the values of individual freedom with a belief in the role of government in addressing social and economic inequalities through healthcare, education, and welfare programs.
Typically these days, especially in the US, most people think of #3 when they hear the word “liberal” in a political sense, I’d say.
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Right-wing libertarians (this is another term with two very different meanings) are neoliberal absolutists. Center-right and center-left politicians usually have to compromise with other sets of ideals. Marijuana decriminalization and legalization is one area where right-wing politicians typically preference the social conservative side over the neoliberal/libertarian side. For a center-left example look at the Affordable Care Act. From the beginning Obama was never going to favor a true nationalized health care plan. He offered compromises within the existing framework like state exchanges.
On the ACA, basing it off of Romney-care was the most “no feathers to be ruffled here” play Obama could have made for such a system. Funnier still, I believe Romney got that plan handed to him by The Heritage Foundation. It would only take the “Dem” side of the coin proposing it for it to be labeled as communism coming for America.
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Adding to Kabe’s response, many self proclaimed neoliberals are not 100% free trade and “let the market regulate itself” pointing out that market failures in the healthcare market for example.
The reason you’re confused is because 90% of the people in this thread haven’t read or understood Foucault, who gave us the best (though certainly not the only) description of neoliberalism. In it’s muddled use by every day people and the media, it’s meaning has become very confused.
What people here are describing (deregulation, positive valuation of wealth generation, free markets, etc) is just different flavours of liberal capitalism. Neoliberalism isn’t that.
Neoliberalism names the extension of market-based rationalities into putatively non-market realms of life. Meaning, neoliberalism is at play when people deploy cost/benefit, investment/return, or other market-based logics when analysing options, making decisions, or trying to understand aspects of life that aren’t properly markets, such as politics, morality/ethics, self-care, religion, culture, etc.
A concrete example is when people describe or rationalize self-care as a way to prepare for the workweek. Yoga, in this example, becomes of an embodiment of neoliberalism: taking part in yoga is rationalized as an investment in self that results in greater productivity.
Another example: how it seems that most every public policy decision is evaluated in terms of its economic viability, and if it isn’t economically viable (in terms of profit/benefit exceeding cost/investment) then it is deemed a bad policy. This is a market rationality being applied to realms of life that didn’t used to be beholden to market rationalities.
Hence the “neo” in “neoliberalism” is about employing the logics of liberalism (liberal capitalism, I should say) into new spheres of life.
A good (re)source for this would be Foucault’s Birth of Biopolitics lectures, which trace the shift from Liberalism to Neoliberalism. As well, there’s excellent literature coming out of anthropology about neoliberalism at work in new spheres, in particular yoga, which is why I used it as my example here.
Yeah, and it sucks. Eff the neoliberals. All my homies hate neoliberals.
I would add that liberal means something different in USA vs. the rest of the world… so when a non-US progressive uses liberal as an insult someone in the USA should probably interpret that closer to what we’d call a neoliberal in the US.
Nah.
We mean liberal, it’s only in the US that liberal means something different.
And it’s… an issue that I’m pointing out that the difference in language exists? And is it really an issue to add neo- so we’re all on the same page, particularly if you are using it in negative context?
Except you didn’t point it out, you incorrectly said what it was.
Adding neo before it makes it different. Liberalism (As in the right wing ideology) and neoliberalism are different things and both are bad.
I think it should’ve been clear before but I’ve edited it to what I meant, is it better now?
If you look up the definitions of liberalism and neoliberalism I do not see a difference. Both want exactly the same: deregulation, strengthening the ownership of private capital assets, low taxes, no trade unions, reduced government spending, privatisation.
Money doesn’t work unless some people have some and some people don’t. The only way to actually fight globalism is with worker owned productivity becoming the norm. Otherwise you’ll always be stuck with the political false dichotomy of “Right” (fascism) vs “Left” (right of center).
YSK that anyone trying to generalize your political preferences into a singular term is propaganda. FTFY
Review the people you intend to vote for and see what their votes were on important issues.
absolutely horrid policies pushed initially by the chicago club If I’m not mistaken, the worst economic school of the last decades arguably. And tangentially is the root of the pickle the Argentinean economy is on the gutter
The Chicago Boys’ role in Chile’s Pinochet dictatorship really puts the lie to the whole “freedom” angle of neoliberalism. Allying with a guy who rounded up thousands of dissidents and summarily executed them shows their freedom is only for the select few.
Take Jordan for example, a county being ruined day after day by neoliberal policies and ruthless privatization.
It’s good to read what neoliberalism has done to some country in practice: https://www.iai.it/en/pubblicazioni/jordans-protests-and-neoliberal-reforms-walking-thin-ice
Take the US for example with crippling student loan debt.
Guess trade school wasn’t such a failure after all.
It is a good option for many people. I suggest highly that if you want to go into the trades just start at the bottom and let them pay for your education or do it at night. My life would suck hard if it weren’t for the skilled techs and electricians I manage. A good tech or electrician is worth his weight in gold.
Construction and factory maintenance work paid for my engineering degree.
