For Labour Day: diagnoses of neoliberalism

To observe Labour Day at a time when labour is being aggressively demonized by business and its political enablers, I’ll share this shrewd and concise diagnosis of neoliberalism, and its core contradiction, by David Harvey:

To guard against their greatest fears––fascism, communism, socialism, authoritarian populism, and even majority rule––the neoliberals have to put strong limits on democratic governance, relying instead upon undemocratic and unaccountable institutions (such as the Federal Reserve or the IMF) to make key decisions. This creates the paradox of intense state interventions and government by elites and ‘experts’ in a world where the state is supposed not to be interventionist. […] Faced with social movements that seek collective interventions, therefore, the neoliberal state is itself forced to intervene, sometimes repressively, thus denying the very freedoms it is supposed to uphold. (A Brief History of Neoliberalism [2007], 69-70)

While I’m at it, I’ll share Roseanne’s diagnosis too:

I’m pleased to say I’m indebted to student work for directing me to these instructive illuminations.

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