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Neoliberalism

Capitalism is the virus

‘Capitalism, colonialism, and ecological devastation are all cause and effect of each other, and they coevolved together.’ Capitalism is the virus. I present this as both a literal and metaphorical statement. My aim is to supplant the “humans are the…

Neoliberalism is in critical condition

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe…

A New Current Of Thought Is Emerging In The US And Around The World

By Mark Lesseraux As 2020 newly arrives it is rapidly becoming clear to more and more people that the current global neoliberal capitalist economic paradigm (1980 – 2019, roughly) is cracking, it is coming apart at the seams. The general…

Neoliberalism Backfires

Nick Hanauer, a self-professed capitalist billionaire, spoke at a TED conference only recently. He exposed neoliberalism’s brand of capitalism getting away with murder in plain sight. Mr. Hanauer described himself: “After a 30-year career in capitalism spanning three dozen companies,…

Defying the neoliberal prescriptions: The organic veins in América Latina

Javier Tolcachier 22/10/2019 Evo won! The process of change won. By a small difference, after the count, the officialist binomio overcame the barrier of ten points over the second, Carlos Mesa. The representa tive of neoliberalism was the ex-vice president…

A Worldwide Revolution Is Underway

Puerto Rico. Hong Kong. Ecuador. Haiti. Lebanon. Iraq. And now, Chile. People are rising up around the world against austerity and corruption, defying police forces unleashed to suppress them. Many of these mass movements share a fierce critique of capitalism.…

Neoliberalism tells us we’re selfish souls – how can we promote other identities?

Public support for co-operation, collective ownership and mutual care have persisted, despite the popularity of some of the neoliberal agenda. What policies could the left pursue to build from where we are now? Christine Berry for openDemocracy onomics is the…

The dirty secret of capitalism — and a new way forward

Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why…

The insidious ideology pushing us towards a Brexit cliff-edge

For neoliberal zealots, no deal represents a great opportunity to dramatically reshape Britain By George Monbiot for The Guardian  At first sight it’s incomprehensible. Why risk everything for a no-deal Brexit? Breaking up their own party, losing their parliamentary majority,…

Reclaiming the commons through state ownership? Maybe not

Transnational state capital can be just as harmful as its private counterparts. We need local, democratic and sustainable alternatives. Milan Babic for OpenDemocracy This article is part of ourEconomy’s ‘Decolonising the economy’ series. In a 2001 essay, Naomi Klein passionately called…

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