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Neoliberalism designates a particular strategy of class domination that uses the state to promote certain competitive dynamics for the benefit of the… - Jodi Dean
" "Neoliberalism designates a particular strategy of class domination that uses the state to promote certain competitive dynamics for the benefit of the very rich. In and Lévy's words, "Neoliberalism is a new stage of capitalism that emerged in the wake of the structural crisis of the 1970s. It expresses the strategy of the capitalist classes in alliance with upper management, specifically financial managers, intending to strengthen their hegemony and expand it globally." Less a strategy for production than for the transfer of wealth to the very rich, neoliberalism places the "need of money . . . over those of production." Pursued through policies of privatization, , and , and buttressed by an ideology of private property, free markets, and , neoliberalism has entailed cuts in taxes for the rich and cuts in protections and benefits for workers and the poor, resulting in an exponential increase in inequality.
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About Jodi Dean
(born April 9, 1962) is an American political theorist and professor in the department at in Geneva, New York state. She has held the position of Erasmus Professor of the Humanities in the Faculty of Philosophy at .
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The communist horizon appears closer than it has in a long time. The illusion that capitalism works has been shattered by all manner of – and we see it everywhere. The fantasy that democracy exerts a force for economic justice has dissolved as the US government funnels trillions of dollars to banks and the European central banks rig national governments and cut social programs in order to keep themselves afloat. With our desiring eyes set on the communist horizon, we can now get to work on collectively shaping a world that we already make in common.
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Precisely because the Soviet Union adopted "the capitalist heavy-industry definition of economic modernization," socialism remained caught within a very specific capitalist model of economic development. The Soviets did not reconstruct American capitalism. They glorified it. (Indeed, for some Soviets, Henry Ford was as close to a saint as one could get.)
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