That, in a nutshell, is neoliberal economics: the ruthless submission of political and social life to the free market.
The neoliberal ideology of unrestrained markets has led to a global crisis. Humanity now faces an existential threat as the result of global dominance by corporations, whose ultimate goal is at odds with human flourishing.
With conversations about decolonising our institutions becoming more prominent, it’s important to remember that Thatcherism simply wouldn’t have triumphed in the UK without the defeat of another political vision then emerging from what was once among Britain’s most lucrative colonies: Jamaica.
The feminist approach to climate justice therefore demands that governments, civil society, private sector, environmentalists should address the causes and effects of climate change, not as a single issue, but in recognition of the full spectrum of the numerous challenges that communities face
We have to assume that we have reached the century of limits, and the current model is no good for us. We have to plan and try to redistribute while reducing our impact.
The root cause of our social and environmental challenges is neoliberalism and the fetish of the market, which values profit over people and sees nature simply as a commodity.
Discussions of the threat to liberal democracy have neglected perhaps the most surprising source that is one of the major arcs of history of the last three decades: globalization.
Yes, neoliberal globalization is crashing hard. Despite the bailouts and the unorthodox policies of central banks the current world order seems to be coming to an end, but the battle is unlikely to be over and may be in fact entering its most contentious stage. It is still the case that the neoliberal beast has been wounded.
We need to be thinking of ways to keep civic connections alive for the next while. The pandemic will not last indefinitely: the virus itself may be here for good, but one way or another it and humanity will negotiate some sort of biological accommodation… Our urgent task is to keep our communities healthy and resilient in the interim.
By rolling back the state, neoliberalism was supposed to have allowed autonomy and creativity to flourish. Instead, it has delivered a semi-privatised authoritarianism.
Saturday 8 December 2018 is a day that will likely go down in history for many social movements. The streets of many European cities were filled with demonstrations against the most pressing social issues of our time: growing inequality, useless mega infrastructural projects, and climate breakdown.
While trade liberalization was a boon for big business, able now to chase cheap labour and exploit newly opened markets, it has been bad news for many millions of ordinary citizens around the world.