01 June 2013

Like a Wasting Disease, Neoliberals, Libertarians & the Right are Eating Away Society’s “Connective Tissue” 

Part 1

In an industrial or post-industrial society, a civilization with a complex division of labor dispersed throughout a network of metropolitan regions connected with each other and with smaller cities and rural areas, a class of connecting goods and services is required to keep the society and economy cohesive and functioning.  Unlike the goods bought and sold on markets, these mediating or connecting goods are not themselves often objects of desire for purchase by those who use or otherwise benefit from them. In the hypotheses of social theorists and politicians influenced by neoclassical economic ideals, these goods, they think, ought to be delivered via markets and people ought to pay directly for them in market-like cash transactions. As it has turned out in reality, without a social and political commitment and social pressure to fund these goods and services, individuals in isolation and businesses as a group tend to want to “free ride” and not pay for connective goods and services that are usually the frame but not the focus of everyday consciousness in a modern society. Despite the lack of consistent private markets for most connective goods and services, these “in-between” goods and services are vital and fundamental to the existence and maintenance of something like a civilization, a livable complex society with a strong economy. 

Part 2

Corporatocracy/Plutocracy:  The Neoliberal Compromise with Reality

While there are a certain number of “true believers” in the neoliberal ideal that tend to congregate around the banner of libertarianism or related concepts, a vast swath of the political class and ruling elite has been pulled to the right by neoliberalism without openly embracing its hidden utopia.  These political and economic “realists” or “pragmatists” tend to see the true believers in neoliberal ideology as either an ideological “fig-leaf” that can provide a more appealing cover for the agenda of existing large private interests or, occasionally, as a fanatical embarrassment if they show too strong a belief in libertarian ideals. The notion of defunding public services and reducing public regulation of the private sector has a powerful appeal to many corporate and wealthy interests.  So powerful is this appeal in fact that the label and concept of “libertarianism,”  which is now adopted by the most other-worldly, some would say “idealistic”, individuals in the neoliberal spectrum, was coined by a US business lobbyist in the late 1940’s.
 

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