10 Quotes Tagged: neoliberalism

Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.

The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage — which sets a floor for other wages — tracked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.

The only time I've seen any rebellion was in the fifties, sixties and early seventies. The rest of it you can keep.

"One should attend carefully to the fear and desperation of the powerful. They understand very well the potential reach of the "ultimate weapon," and only hope that those who seek a more free and just world will not gain the same understanding and put it effectively to use."

Another problem with the official definitions of terror is that it follows from them that the US is a leading terrorist state.

NGOs have a complicated space in neoliberal politics. They are supposed to mop up the anger. Even when they are doing good work, they are supposed to maintain the status quo. They are the missionaries of the corporate world.

No one’s standard of living will change, nothing would fundamentally change.

DB: There's a lot of talk about terrorism. In fact, it's become almost an obsession for the media in the United States. But it's a very narrow definition of terrorism.
AR: Yes. It completely ignores the economic terrorism unleashed by neoliberalism, which devastates the lives of millions of people, depriving them of water, food, electricity. Denying them medicine. Denying them education. Terrorism is the logical extension of this business of the free market. Terrorism is the privatization of war. Terrorists are the free marketeers of war - people who believe that it isn't only the state that can wage war, but private parties as well.
If you look at the logic underlying an act of terrorism and the logic underlying a retaliatory war against terrorism, they are the same. Both terrorists and governments make ordinary people pay for the actions of their governments. Osama bin Laden is making people pay for the actions of the US state, whether it's in Saudi Arabia, Palestine, or Afghanistan. The US government is making the people of Iraq pay for the actions of Saddam Hussein. The people of Afghanistan pay for the crimes of the Taliban. The logic is the same.
Osama bin Laden and George Bush are both terrorists. They are both building international networks that perpetrate terror and devastate people's lives. Bush, with the Pentagon, the WTO, the IMF, and the World Bank. Bin Laden with Al Qaeda.

In April 2001, a student group called the Progressive Student Labor Movement took over the offices of the university’s president, demanding a living wage for Harvard janitors and food workers. That spring, a daily diversion on the way to class was to see which national figure — Cornel West or Ted Kennedy one day, John Kerry or Robert Reich another — had turned up in the Yard to encourage the protesters.

Striding past the protesters and the politicians addressing them, on my way to a “Pizza and Politics” session with a journalist like Matt Bai or a governor like Howard Dean, I did not guess that the students poised to have the greatest near-term impact were not the social justice warriors at the protests […] but a few mostly apolitical geeks who were quietly at work in Kirkland House

The very design of neoliberal principles is a direct attack on democracy.

I got in trouble many times for saying you don’t have to be a Jew to be a Zionist, and I am a Zionist. I make no apologies for that. That’s a reality.