Tuesday, July 05, 2016

Neoliberalism – the ideology at the root of all our problems


Neoliberalism – the ideology at the root of all our problems

https://www.theguardian.com/books/2016/apr/15/neoliberalism-ideology-problem-george-monbiot?CMP=share_btn_fb

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.
 Attempts to limit competition are treated as inimical to liberty. Tax and regulation should be minimised, public services should be privatised. The organisation of labour and collective bargaining by <http://www.theguardian.com/politics/tradeunions>trade unions are portrayed as market distortions that impede the formation of a natural hierarchy of winners and losers. Inequality is recast as virtuous: a reward for utility and a generator of wealth, which trickles down to enrich everyone. Efforts to create a more equal society are both counterproductive and morally corrosive. The market ensures that everyone gets what they deserve.
Freedom from trade unions and collective bargaining means the freedom to suppress wages. Freedom from regulation means the <https://www.theguardian.com/environment/georgemonbiot/2015/nov/12/toothless-environment-agency-is-allowing-the-living-world-to-be-wrecked-with-impunity>freedom to poison rivers, endanger workers, charge iniquitous rates of interest and design exotic financial instruments. Freedom from tax means freedom from the distribution of wealth that lifts people out of poverty.

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