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Neoliberalism: Free Market Fundamentalism or Corporate Power?

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/ Drawing by Nathaniel St. Clair

The lack of historical consciousness lies at the heart of American exceptionalism. It hobbles our capacity to think and act. This denial of history is the masters’ mythology, not ours. Corporate power is not eternal but historical. It too shall pass — but only if we make it so.

Richard Moser, Counterpunch

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January 11, 2019 | I’ve been hearing about neoliberalism for a long time now and never could make much sense of it. It turns out the story we tell about neoliberalism is as contradictory as neoliberalism itself. Two currents within the critique of neoliberalism offer different analyses of the current economy and suggest different strategies for dealing with the gross exploitation, wealth inequality, climate destruction and dictatorial governance of the modern corporate order.

These opposing currents are not just different schools of thought represented by divergent thinkers. Rather they appear as contradictions within the critiques of neoliberalism leveled by some of the most influential writers on the subject. These different interpretations are often the result of focus. Look at neoliberal doctrine and intellectuals and the free market comes to the fore. Look at the history and practice of the largest corporations and the most powerful political actors and corporate power takes center stage.

Richard Moser writes at befreedom.co where this article first appeared.

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Related:

Chris Hedges: Fascism, Neoliberalism and Third Parties in the US, Chris Hedges, Dandelion Salad / Rise Up Times

Related: Neoliberalism – the ideology at the root of all our problems

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