How a neo-liberal shell game created an age of activism

[bemildred]

From Tunis to Tel Aviv, Madrid to Oakland, a new generation of youth activists is challenging the neo-liberal state that has dominated the world ever since the Cold War ended. The massive popular protests that shook the globe this year have much in common, though most of the reporting on them in the mainstream media has obscured the similarities.

Whether in Egypt or the United States, young rebels are reacting to a single stunning worldwide development: the extreme concentration of wealth in a few hands thanks to neo-liberal policies of deregulation and union busting. They have taken to the streets, parks, plazas, and squares to protest against the resulting corruption, the way politicians can be bought and sold, and the impunity of the white-collar criminals who have run riot in societies everywhere. They are objecting to high rates of unemployment, reduced social services, blighted futures, and above all the substitution of the market for all other values as the matrix of human ethics and life.

Pasha the tiger

In the "glorious 30 years" after World War II, North America and Western Europe achieved remarkable rates of economic growth and relatively low levels of inequality for capitalist societies, while instituting a broad range of benefits for workers, students, and retirees. From roughly 1980 on, however, the neo-liberal movement, rooted in the laissez-faire economic theories of Milton Friedman, launched what became a full-scale assault on workers' power and an attempt, often remarkably successful, to eviscerate the social welfare state.

Neo-liberals chanted the mantra that everyone would benefit if the public sector were privatized, businesses deregulated, and market mechanisms allowed to distribute wealth. But as economist David Harvey argues, from the beginning it was a doctrine that primarily benefited the wealthy, its adoption allowing the top 1% in any neo-liberal society to capture a disproportionate share of whatever wealth was generated.

http://www.atimes.com/atimes/Global_Economy/MK15Dj01.html

[lbrtbell]

1. This should be required reading - n/t

[xchrom]

2. recommend

[yurbud]

3. kids have gotten the worst beating with the neoliberal stick. I'm right on the edge of the baby

boomer/ gen x divide, and it was much easier for me to go to college on financial aid than it is for any of my current students of similar economic background--and I tell them that.

At the same time, it's harder to survive without a college degree.

I tell them they have to make noise and demand change as a matter of survival.