Author: soulthoughts (Page 9 of 53)

George Monbiot has written another insightful article, this one on the problem of neoliberalism, and the fact that most people in our neoliberal society don’t know what the term means.

Neoliberalism – the ideology at the root of all our problems

Imagine if the people of the Soviet Union had never heard of communism. The ideology that dominates our lives has, for most of us, no name. Mention it in conversation and you’ll be rewarded with a shrug. Even if your listeners have heard the term before, they will struggle to define it.

Here are my thoughts on some of the points Monbiot makes:

• “Neoliberalism sees competition as the defining characteristic of human relations. It redefines citizens as consumers, whose democratic choices are best exercised by buying and selling, a process that rewards merit and punishes inefficiency. It maintains that “the market” delivers benefits that could never be achieved by planning.”

Just like communism reduced people to cogs in a machine, neoliberalism, or market capitalism, does the same. We become consumers whose value lies in how much we contribute to the ongoing efficiency of the economic machine. We are not seen as having inherent dignity in ourselves.

• “When political debate no longer speaks to us, people become responsive instead to slogans, symbols and sensation.” Think Tony Abbott and ‘stop the boats’ in Australia.

The rise of Bernie Sanders is as much a response to the current climate as is the rise of Donald Trump. The failure of the Left has been seen by them and is responding in the rise of Sanders.

“Like communism, neoliberalism is the God that failed”. I remember when communism fell over in the late 1980s, Jim Wallis said the same would happen to capitalism one day. It might take another generation, but we are seeing it happening now before our eyes.

• “it’s not enough to oppose a broken system. A coherent alternative has to be proposed.” Perhaps one option (and there may be others along the lines of what people like Bernie Sanders are putting forward) is Tim Jackson’s Prosperity Without Growth.

The problem with unfettered market capitalism is that it is an amoral system. It doesn’t take into account human nature, the fact that humans are ultimately committed to their own self-interest. That’s why it needs people in poverty to survive.