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Kritik Des Neoliberalismus (German, Paperback, 2nd 2., Verb. Aufl. 2008 ed.)

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Allow this favorite library to be seen by others Keep this favorite library private. Large numbers of people have been shed from politics. When political debate no longer speaks to us, people become responsive instead to slogans, symbols and sensation. To the admirers of Trump, for example, facts and arguments appear irrelevant. Judt explained that when the thick mesh of interactions between people and the state has been reduced to nothing but authority and obedience, the only remaining force that binds us is state power.

Like communism, neoliberalism is the God that failed. But the zombie doctrine staggers on, and one of the reasons is its anonymity. Or rather, a cluster of anonymities. The invisible doctrine of the invisible hand is promoted by invisible backers. Slowly, very slowly, we have begun to discover the names of a few of them. We find that the Institute of Economic Affairs, which has argued forcefully in the media against the further regulation of the tobacco industry, has been secretly funded by British American Tobacco since We discover that Charles and David Koch , two of the richest men in the world, founded the institute that set up the Tea Party movement.

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The words used by neoliberalism often conceal more than they elucidate. But it is fraught with power relations. One is the funding of productive and socially useful activities, the other is the purchase of existing assets to milk them for rent, interest, dividends and capital gains.


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A century ago, the nouveau riche were disparaged by those who had inherited their money. Entrepreneurs sought social acceptance by passing themselves off as rentiers.

Neoliberalism – the ideology at the root of all our problems

Today, the relationship has been reversed: They claim to have earned their unearned income. These anonymities and confusions mesh with the namelessness and placelessness of modern capitalism: The anonymity of neoliberalism is fiercely guarded. Those who are influenced by Hayek, Mises and Friedman tend to reject the term, maintaining — with some justice — that it is used today only pejoratively. But they offer us no substitute. For all that, there is something admirable about the neoliberal project, at least in its early stages. It was a distinctive, innovative philosophy promoted by a coherent network of thinkers and activists with a clear plan of action.

It was patient and persistent. The Road to Serfdom became the path to power. When laissez-faire economics led to catastrophe in , Keynes devised a comprehensive economic theory to replace it. When Keynesian demand management hit the buffers in the 70s, there was an alternative ready.

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But when neoliberalism fell apart in there was This is why the zombie walks. The left and centre have produced no new general framework of economic thought for 80 years. Every invocation of Lord Keynes is an admission of failure. To propose Keynesian solutions to the crises of the 21st century is to ignore three obvious problems. It is hard to mobilise people around old ideas; the flaws exposed in the 70s have not gone away; and, most importantly, they have nothing to say about our gravest predicament: Keynesianism works by stimulating consumer demand to promote economic growth.

Consumer demand and economic growth are the motors of environmental destruction. A coherent alternative has to be proposed. For Labour, the Democrats and the wider left, the central task should be to develop an economic Apollo programme, a conscious attempt to design a new system, tailored to the demands of the 21st century. Order by newest oldest recommendations. Show 25 25 50 All.

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Lists with This Book. Ficcion rated it did not like it Jan 31, Entracte rated it did not like it Nov 10, Dylan rated it did not like it Nov 16, Marcelo de la Torre rated it did not like it Jun 18, Federico Moris rated it did not like it Feb 26, Ulyses Berlin rated it did not like it Sep 02, There are no discussion topics on this book yet. He received his doctoral degree at Freiburg with a dissertation on Martin Heidegger in In , he joined the Department of Philosophy at the University of Basel, where he completed his Habilitation.


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