Neoliberal Fascism and the Echoes of History

Long and Deep Food For Thought

Since the 1970s, American society has lived with the curse of neoliberalism, or what can be called the latest and most extreme stage of predatory capitalism. As part of a broader comprehensive design, neoliberalism’s overriding goal is to consolidate power in the hands of the financial elite. As a mode of rationality, it functions pedagogically in multiple cultural sites to ensure no alternatives to its mode of governance can be imagined or constructed.

Central to its philosophy is the assumption the market drives not just the economy but all of social life. It construes profit-making as the essence of democracy and consuming as the only operable form of agency. It redefines identities, desires and values through a market logic that favors self-interest, a survival-of-the-fittest ethos and unchecked individualism. Under neoliberalism, life-draining and unending competition is a central concept for defining human freedom.

At work here is a neoliberal project to reduce people to human capital and redefine human agency beyond the bonds of sociality, equality, belonging and obligation. All problems and their solutions are now defined exclusively within the purview of the individual. This is a depoliticizing discourse that champions mythic notions of self-reliance and individual character to promote the tearing up of social solidarities and the public spheres that support them.




via Neoliberal Fascism and the Echoes of History