- Mainly Macro offers a useful definition of neoliberalism, while highlighting its relationship to austerity. And Ed Finn writes that we shouldn't be too quick to presume neoliberalism is going to disappear just because it's proven to be harmful in practice - and that it will take a massive shift in our politics to actually create real change:
We should always keep in mind that neoliberalism is as much a methodology as it is an ideology. Perhaps more so. It is the deeply entrenched doctrine through and by which corporations exert and maintain their dominant economic system. Global capitalism could not survive without the prevalence of neoliberalism, or some equivalent belief system that rationalizes its brutally inequitable operations.- Alison Grizwold discusses how the gig labour market looks disturbingly like the pre-industrial economy in its total lack of security or protection for workers.
No matter how vigorous the upsurge of anti-establishment populism becomes, it will never on its own topple the titans of corporate rule. That could only happen when countries have genuinely democratic governments instead of governments that function mainly as the flunkeys of big business. We live in a world where nearly all governments (including Canada’s) have embraced and deployed neoliberalism as zealously as the corporations — and on behalf of the corporations.
As long as the corporations can rely on this powerful political support, neoliberalism will remain unassailable. Without the levers of reform that only governments can provide, the dissidents can never succeed in their crusade, no matter how large their numbers. This is the grim reality.
There is some hope that, if a massive multitude of voters could be mobilized against the nabobs of neoliberalism, it could be concentrated into a powerful electoral force. What if every MP who favoured neoliberalism — or even a majority of them — were defeated in the next election and replaced by a candidate who wanted it scrapped? If duplicated in every large industrial country, could this international tsunami of anti-establishment populism sink global neoliberalism?
Simply to pose this fanciful scenario, however, exposes its improbability — if only because the destruction of neoliberalism also entails the destruction of capitalism.
Neoliberalism is the lifeblood, the very beating heart, of modern capitalism. So it will be fiercely defended by both corporations and their obsequious political allies, regardless of the social, economic, and environmental devastation it wreaks.
- Aditya Chakrabortty writes that anti-social populism is a natural response to the spread of trade agreements as a substitute for democratic control over policy. Steven Shrybman analyzes (PDF) the utterly ineffective "interpretative declaration" which is supposed to offer some comfort against the obviously worrisome terms of the CETA. And Brent Patterson points out that Ontario is claiming it's bound by existing trade rules as an excuse for refusing to protect needed water sources from corporate exploitation.
- Finally, Elizabeth Goiten calls attention to the U.S. government's reliance on secret laws, while pointing out the obvious dangers of sidestepping both public review as to what laws are in place and the ability to know what legal burdens have been applied. Edward Snowden discusses the politics of fear behind C-51 and other surveillance legislation. And Matthew Behrens laments the fact that even CSIS' supposed watchdog is going out of its way to defend the use of information obtained by torture (however grossly that violates international law).