The Sunset of Neoliberalism
To anyone who lived through the Clinton years — or merely remembers the Obama era — the discrediting of neoliberal ideas that were once sacrosanct among Democrats is nothing short of astonishing.
To anyone who lived through the Clinton years — or merely remembers the Obama era — the discrediting of neoliberal ideas that were once sacrosanct among Democrats is nothing short of astonishing.
As the 1 percent internalized the sense that they alone were responsible for their success, so too was everyone else made to feel like the cause of their own failure. This formula was baked into the neoliberal philosophy from the beginning.
The coronavirus shock has shaken the world’s stock markets, imposing the need for massive state bailouts. But the measures to deal with the crisis risk spurring an authoritarian controlled capitalism — one that protects corporate interests while offloading the costs onto the rest of us.
Cornel West talks to Jacobin about what the Bernie Sanders campaign represented, what its failure means, and why Democrats think they can win over black and brown voters with just “symbolic decorative changes.”
The oldest refrain of the Right is that socialism leads to tyranny. Yet for the last four decades, it’s neoliberalism that’s been inching us closer to a police state.
Neoliberalism replaces the citizen with the consumer — pushing people out of political life and into the marketplace.
The past few years have seen widespread speculation about the death of neoliberalism and a restoration of the state to a larger role in society. But the evidence isn’t there. Instead, market-based approaches are redefining themselves for a new era.
Many colleges and universities around the country have insisted on reopening in-person classes and putting the burden of preventing coronavirus on individual college students. The administrators behind these decisions seem to care little for the obvious devastation this is wreaking among students.
Liberal writers sympathetic to the corporate education reform movement are beating the drum about reopening schools, claiming to stand up for low-income students. But attacking teachers and their unions does nothing for poor and working-class students — it simply scapegoats the people who have dedicated their lives to actually helping those students.
What began as a massive general strike on April 28 is quickly becoming an open challenge to Colombia’s authoritarian neoliberal order.
At the center of the “dark academia” aesthetic is the fantasy of uninterrupted personal time and deep scholarly concentration in an elite campus setting. It couldn’t differ more from the reality of the hyper-capitalist modern university.
A new study finds an alarming rise in a novel form of psychological distress. Call it “neoliberal perfectionism.”
In New Zealand, neoliberal reforms have widened inequality and undermined the country's self-image as an egalitarian paradise.
Croatia's SDP is a depressing case study of neoliberalized social democracy.
Hundred of thousands of Ukrainian workers have mobilized to defend their country against the Russian invasion. Yet economic elites are using this moment to push through an unpopular liberalization agenda.
El Salvador’s president, Nayib Bukele, is enforcing one of the strictest social distancing orders in the world, subjecting thousands to arrest and expanding an already ravenous and bloated prison system. With millions facing destitution and abuse, coronavirus is laying bare the instability that has always been at the core of neoliberalism in countries like El Salvador.
European left parties responded to the crisis of social democracy by proposing more radical reforms to be carried out at a transnational level. But the call for “social Europe” ended up serving as a thin veneer for the neoliberal core of European integration.
More than just a set of free-market policies, neoliberalism has always sought to alter society's balance of power in favor of bosses. Its assault on democracy and undermining of unions is now playing straight into the hands of the far right.
The problems of our time will be solved by our collective capacity to change the world, not self-therapy.
An undemocratic power grab by hard-right politicians in Peru was defeated by popular mobilization on the streets. The Peruvian political crisis has deep roots in a failed model of technocratic, neoliberal governance that has turned the state into a plaything of private interests.