Neoliberalism continues in national and transnational institutions, even though it has lost legitimacy as an ideology and has even penetrated progressive thinking, argues Prof. David Harvey

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48 thoughts on “David Harvey: The Persistence of Neoliberalism Despite its Loss of Legitimacy (1/2)”
  1. Neo-liberalism was always just the ideology, though the Ascendant interests believed to a considerable extent.

    Lame ducks must die, but when confronted with dying swans in 2008, the apparatchiks and the eminences grises in the shadows knew what had to be done. There is, however, after a dozen years of quantitative easing an Modern Monetary Practice, the unfortunate possibility the system may die of monetary dysentery. Warren Mosler was right, to a considerable extent, but he did understand there were limits to MMT: I fear that in the privileged circumstances of an American economist, and given the fact of the dollar being the reserve currency, he may not have fully appreciated it’s limits.

  2. It’s strange and insulting to hear wealthy white women speak about oppression and liberation. What do these creatures of privilege know about poverty or capitalism. Hillary Clinton the neo conservative is held up as a shining example of a liberated woman That type of liberation means death and destruction for millions of people around the globe

  3. The elevation of economics and profits over human concerns is a recipe for economic ,envioromental and cultural disaster Human beings have intrinsic value beyond monetary concerns The governmental ,cultural dysfunction of the USA is a hot bed for violence and social uprising

  4. The Laissez Faire Capitalist, Blames the Gubment Beercrats State Mafia and Hyper Regulations, for poverty, not that other crap.

    Rant for Nerds: Neoliberalism, when spoken seems to be more of an insertion of the righteousness unthinking un-critical and unbacked by historical empirical evidence happy clappy leftist ideology, as alternative utopian panacea to whatever system is in place at present, no matter what that system is, slur than anything else seems to be morphous.I think it is some kind of scarecrow to tilt at. Books other than Karl Marx have been written you know, you should read them. The Mafia Gubmants own the Corporations, not the other way round. The Gubmants make Regulations, to enable themselves as a Mafia State to enrich their own pockets, at the exspense of all wealth creation. Being a Marxist Proffesor is a Cliché. We must take him out of his position of power. The Elite, this professor is The Elite, who push for more regulation to push smaller business people, and those with less political connections out of the market, and into the Breadline, to be subservient to the Mafia State. The only viable alternative to Laissez Faire, is Feudalism circa 1200s, we can ran this experiment a thousand time, nigh a million times over and over again and discover the same thing happens every time. "Labels are for Larpers"

  5. Man, I love how the dude just lays out everything Antonio Gramsci has said in the first two minutes. It's like looking at two dudes jerking of each other

  6. The real question is whether or not Keynesianism can really help us out right now. Even though I'd much rather have Keynesianism than any other version of capitalism, I doubt it.

  7. The Left (the real left) never incorporated neoliberalism. Only that segment that is falsely called "the left" in the U.S. (i.e., the Democratic Party, which has historically been center-right since at least 1992) embraced neoliberalism. There's long been a progressive left (albeit small) which has been fighting neoliberalism.

  8. This tendency of Marxists to collapse right wing libertarianism with "anarchism" with no hisorical or any other subtlty is what makes anarchists not trust Marxists. The idea that anarchists have absorbed neo-liberal cultural forms of which they are totally unaware, is a gross over simplification at every level. Let's start with the fact that there are a lot of kinds of anarchists (just as there are a lot of kinds of socialists). And saying that people who embrace personal freedom are "embracing neo-liberalism" is a specious argument at best and down-right frightening at worst. (Sounds like nascent authoritarianism to me.) Just saying that the left has assumed neo-liberal forms over and over without specifying A LOT MORE what you mean makes this discussion very unsatisfying and not very informative.

  9. Neoliberalism is being pushed hard by corporate main stream media and they are working hard to keep the alive the illusion of the popularity of neoliberalism as it collapses. It continues because it was a corporate driven and controlled marketing lie and they are still paying for the lie to be pushed, so it still exists.

  10. When it comes to Marx's statement about capitalism creating more income disparity, wasn't a big rift within the Communes in the late 19th century that it was being shown that income disparity was falling? Yeah, it's rising again within many Western countries, but why was it falling in the late 19th century and continuing onward into the 20th? Capitalism was much more unfettered then. Stronger labor movements? Were more people investing their money rather than consuming? Savings rates are the lowest they've ever been in the US. Is this part of a cycle? That is to say, is it both the cause and effect of greater income disparity?

  11. The presence of an Orange Mussolini in the White House demonstrates the political disfunction taking us to the brink.

    The US political situation is reminiscent of Rome as its institutions were undermined and corrupted by assorted greedy elites.

    Shame on Pelosi, Feinstein and the party hierarchy for shutting out the working and shrinking middle class by dedicating themselves to lives of self-entitled parasitic service of a billionaire donor class as – using “we feel your pain” language – they undermine most voters by supporting policies the rich and powerful want implemented like endless war and fake health care that enslaves people.

    Due to internal corruption, they don't represent their own constituents – the everyday people tired of being ignored.

    They represent the interests of the 1% billionaire donor class.

    We need a strategy to stop the party machines from maintaining incumbents – those fake representatives, which are usually old out of touch or sociopathic rich guys. 

    Shock horror to the Democrats hThe likes of Alexandria Ocasio-Cortez-Cortez' actually represent their electorate.

    I don't think the elected representatives on both sides are real conservatives and progressives and they don't represent their own voters. They represent the interests of the 1% billionaire donor class.

    Super Delegates are orchestrating a crooked selection process so they can install “Republicans” like Biden, “Mayor Pete” or Kamala Harris.

    Corporate Democrats serve a billionaire donor class and would rather lose another election to “Dirty Donny” than support a real progressive like Bernie Sanders.

    Voters have a sense of the electoral theatre – the illusion of choice come polling day. 

    Voters understand we are a two-party corporate dictatorship extracting wealth to a tiny minority of the population.

    An obscene transfer of income from those of us living one long emergency under imposed austerity – apparently the largest “upwards” transfer of wealth in history. 

    This is why many support political hand grenades in the form of an orange game show Mussolini and other cretins with no vision. They offer no vision, just division and servitude for most of their own voters. 

    I suspect the high number of Democrat candidates (twenty and counting) is a DNC ploy to force a second ballot.

    A dilute voter base will likely make the critical 50% unreachable in the first ballot where Super Delegates are excluded. 

    DNC Super Delegates want to steal the 2020 primary by installing a closet Republican – gifting a second term to the existing criminal orange man regime. 

    The true radicals are in power undermining the constitution and law as they criminalise and imprison truth-tellers and humanitarians while rewarding the corrupt. 

    Journalists are accused of espionage and war criminals pardoned or given posts in high office. 

    True conservatives respect the constitution, just law and human rights above sociopathic corporate interests (the forces of death).

    In 2016 Bernie Sanders had more support from the younger generation than Trump and Hillary combined. 

    Will Sanders start a new social democrat party if the nomination goes to a fake progressive like Biden or Harris?

    I’d probably vote for the Greens if Sanders chose to support a fake progressive nominee.

    I would not vote for another eight year dead-end for the left by installing a fake progressive.

    Ralph Nader reckons he knows billionaires of conscience who may form a third party to give voters a real alternative to the fake Democrats and fake Republicans.

    Nader reckons the Democrats have one last chance to do the right thing before a third party is established by several billionaires of conscience.

  12. FYI – Scores of cold-cases linked to "the Tisch purge" have been solved. To date, the perps, including the Tischs, remain free & at large with nary a care in the world – so far. True. Maybe not be relevant to the vid – true nonetheless.

  13. It's very alive because everything and anything public is privatised and an avalanche of the new gig economy where all are self-employed, contractor, subcontractor

  14. Socialism is a social construct which has become anachronistic, as Labour power is diced up across jurisdictions to near impotence. More critically, the aspirations of the early Labour movement have failed: the Labour movement has failed.

    The age of classical class relations is over. We have entered the age of existential threats, real, and perceived.

    Only a mass movement across frontiers could break the Neo-liberal ascendancy, and only then in a crisis of unprecedented proportions.

    Fear must first overcome the Defences of the Hamptons, the Cotswolds, the gated communities, all comfortable Upper middle class enclaves. Probably this means fear of impoverishment in the event of some massive, unprecedented financial crisis.

    So the Radical must await the ebb tide in the West to become a race, sweeping all boats to ruin.

  15. Neo-liberalism WILL MORPH… into a new FASCISM like alternate neo-liberalism.. ie control of majority, control of multi nationals to control the economic action.. AWAY FROM THE 1% but politically supporting the neo-liberal agendas.

  16. In regards to the structure of news media it's good to insure there is more than one source of media doing investigative reporting in the field would be a more effective watchdog of our democracy here and abroad by having more eyes to fool or blind. The suggested new format combined with the old structure that contained many small outlets that put more focus on covering vital local issues in their area. Either portion should be sizeable enough to get truthful reporting out to enough voters to raise the alarm when one or the other is attempting to be hijacked by consolidation of power or in the case of the "wikipedia" style media small independent media would be more apt to repeatedly cover and educate the public on issues that are good for the people but are not currently populist ideas.ie Medicare 4 All -Not a populist majority approved issue in the recent past until it was repeatedly explained.

  17. so people are blaming themselves that's why they ain't out in the streets trying to take back what was taken from them how do we educate people to make them realize their whole world is disappearing in front of their eyes if we don't do something now we're all dead

  18. Not Me, Us ! – Bernie Sanders.
    Every Sane Americans today MUST Realize and Admit that We the People were TOO IGNORANT, AFRAID, DOCILE and LAZY to Fight Against the "Anti-Working Class" , "Anti-Labor Unions" , "Anti-Environmental" and "Anti-Consumer" Politicians, MSM and Corporations/CEOs.

  19. I really suggest reading David Harveys book with greater context for all of this "A Brief History of Neoliberalism"

  20. President Trump…. Real Republican or a neoliberal hitman for the Republican party? 😂😂😂😂😂

  21. This is all part of a trend that has been going on in it's modern incarnation since Nixon era with Pete Peterson.Peterson has a think tanl that has been doing the long run on suplly side propaganda even after disasters like 2008.You had Clinton drink U of Chicago Econ Koolaid whole heatedly (though to be fair Carter was of that ilk) and they have just been added to with Koch brother funded groups like Club For Growth etc.I like Harvey pointing out that it is immune from criticism and somehow the left get's co-opted and the victims of unfair distribution are tricked into blaming themselves not a a system which is rigged.

  22. If you've looked into enough literature on human psychology you've probably come across the codependent/narcissist model. I'm starting to see some legitimate parallels to this model in regards to neoliberalism and our reaction to it, how it is maintained. It was especially noticeable to me when David mentioned that the neoliberalists are engaged with victim blaming and that the public blamed themselves for their financial predicament. I mean, that is essentially the codependent/narcissism dynamic playing out. Propaganda is not unlike gaslighting.

    This just goes to show really how entrenched this dynamic is in human civilization.

  23. So basically neoliberalism is hippy-style capitalists? I remember Williamson on ElChapo mentioning that after the govt massacres & assassinations basically told the hippies that they could either have "freedom" the market or die.

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