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Copyright © 2009 by Zack Smith.
All rights reserved.
What is neoliberalism?
Neoliberalism is the economic ideology of our time, embrace by
both Democrats and Republicans
in the USA.
It is frankly a harsh ideology. After all, it is a revival of neoclassical
economics, which is what Charles Dickens complained about.
In the USA however most people do not often see the harsh side,
or they see it but do not understand it, or they attribute it to something else.
Often it is hidden from view.
- Hidden in the wholesale exporting of factories to poor countries.
- Hidden in the lives of low-wage workers and illegals immigrants who toil behind the scenes.
- Hidden in the lives of the homeless whom the majority ridicules and often wrongly blames.
- Hidden in lawsuits against consumers for minor wrongs like downloading music.
- Hidden in paramilitary police raids over alleged drug crimes.
- Hidden in mass incarceration of the poor and the covert construction of military concentration camps.
- Hidden in the many official cover-ups of extraordinary crimes such as 9/11 and the banker-created economic crisis.
- Foreign factories are operated like slave labor camps.
- American ghettos that look just like post-Katrina New Orleans.
What then is the post-neoliberalism?
- A focus on production and saving rather than speculation and credit.
- A rejection of fiat currency i.e. paper bills printed at almost no cost at the whim of central banks that are not linked to gold or silver.
- Reuse and recycling of materials from Neoliberal capitalism e.g. shipping containers.
- Free sharing of readily-reproducible consumer-created content but increased value assigned to hand-made arts/crafts (paintings and ceramics etc.) and to tangible commodities of value like livestock.
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