Lester K. Spence on Neoliberalism

Real liberalism and real conservatism are distinct halves of the same phenomenon. One half says GO WITH WHAT WORKS, and the other half says KEEP AN OPEN MIND TO IMPROVEMENT.

Anything else is bull shit.
 
It's a similar dialectic to what one sees at an individual level :
- self-definition vs. interpersonal orientation
Both coexist in the same person to various degrees, depending on one's personality, gender or life stage. You can't have one Or the other.
- and some people are a bit more conservative as in rules or structure are important to them, others are a bit more liberal as in novelty seeking.

Both orientations are valuable and compliment each other. But once you suppress one and allow the other to go unchecked, you create a monster.

The duality works cooperatively in theory, and most often in practice. We fail when we forget about cooperation and viable priorities.
 
Yes, because in the 16+ years of the Lit and you being here all of ten minutes, like the rest of the BroPatrol- you just know shit.


  • Who the biggest troll is
  • Who the biggest creeper is

Who is the only one who started as a male, failed to garner the attention you so desperately seek, changed to a female minority persona and now whines like a little twerp?

See, that defines creepy troll.
 
There are so many words he uses that he does not know the meaning to. Does he really feel anyone engages in "debates" with him?

hashy's contribution to most things are usually somebody else's words, which hashy has copy and pasted.

He then wants someone to break it down and explain it to him.

Anyone who doesn't have enough crayons or patience to do so, in hashbrown's eyes, is a troll.


Maybe it's the ADHD, maybe it's the cluster B, I don't know. If he hasn't figured it out by now, there is little hope for a cure.
 
I just listened to this talk in which Lester Spence engaged in a critique of neoliberalism. Here are my captions :

"1.Let's start with terms.
In most of the rest of the world, people understand the term neoliberalism; in the US, for a variety of reasons, people don't.
When most of the world talks about neoliberalism, what they're talking about is a kind of a set of institutional arrangements, public policies, and ideas that propose that the market be the standard by which every institution and every aspect of human life be organized around.

It's that idea that individuals should try to structure their lives to be as entrepreneurial as poossible , and to become something akin to enterprises. Individuals are made to think of themselves as brands, responsible for developing their own human capital . (Kanye West:,, ilm not a businessman. ilm a business, man. Watch me handle my business, damn.")
-- Similarly, if you look at schools, Churches, governments, the idea is that they should be structured like businesses. Hollowed institutions like schools and churches increasingly behave like businesses, prioritising market values like production and efficiency.

So it's the destruction of any notion of society and of the concept of the public. Any idea of the public good falls out.


2.In the early 60's to 70's, the economy in developped countries basically fell out. And a whole set of policies that basically provided for a safety net in the US and other countries were framed as having Caused the problems.
So they claimed that what was needed was a new sweep of policies that get people to take responsibility for their own stuff:welfare was replaced by workfare, surplus economics (or the idea that we need to significantly cut, cut, cut), taxes, that they need to restructure government, that they needed to make citizens more entrepreneurial."


https://m.youtube.com/watch?v=pqJFtTsUEXI

Libertarianism

Austrian School of Economics

Our Progressives and Socialists upon damaging their brand, decided to call themselves Liberals, therefore, an American Neoliberal would be a born-again Marxist.

:D ;) ;)
 
hashy's contribution to most things are usually somebody else's words, which hashy has copy and pasted.

He then wants AJ, the piece of shit, to break it down and explain it to him in terms that only a good little Padawan Leaner will understand.

Anyone who doesn't have enough crayons or patience to do so, in hashbrown's eyes, is a troll.


Maybe it's the ADHD, maybe it's the cluster B, I don't know. If he hasn't figured it out by now, there is little hope for a cure.

FYPYW.


////////
 
In the states, neoliberal policies were pursued fro a notable number in each party. Reagan's admin, for example, pursued a host of neoliberal goals.

http://historynewsnetwork.org/article/151023

You'll note, from the above, the heritage foundation, the cato institute, and the Koch foundation among the second wave.

It's not to be confused with the American spectrum of liberal and conservative. Both Reagan and Clinton, for example, pursued a significant number of neoliberal policies.

The failure of the IMF and world bank's neoliberal policies allowed the opening in '97-'98 that weakened American diplomacy in Asia and vastly strengthened China's.

The left and the right are full of critics of neoliberalism.
 
Last edited:
Exactly. I don't know much about economics, but the system in Australia still appears to make use of the
functional, real aspect of both systems, which coexist in harmony.

On the surface, one doesn't see the madness that seem to have engulfed Europe and the US lately,

You clearly haven't been looking at Australia closely. The political/media/academic class is as neoliberal as anywhere on the planet.

It took a lot longer to crush the union movement is all.

Australia's economy is in decline like every other neoliberal mad house.
 
I just listened to this talk in which Lester Spence engaged in a critique of neoliberalism. Here are my captions :

"1.Let's start with terms.
In most of the rest of the world, people understand the term neoliberalism; in the US, for a variety of reasons, people don't.
When most of the world talks about neoliberalism, what they're talking about is a kind of a set of institutional arrangements, public policies, and ideas that propose that the market be the standard by which every institution and every aspect of human life be organized around.

It's that idea that individuals should try to structure their lives to be as entrepreneurial as poossible , and to become something akin to enterprises. Individuals are made to think of themselves as brands, responsible for developing their own human capital . (Kanye West:,, ilm not a businessman. ilm a business, man. Watch me handle my business, damn.")
-- Similarly, if you look at schools, Churches, governments, the idea is that they should be structured like businesses. Hollowed institutions like schools and churches increasingly behave like businesses, prioritising market values like production and efficiency.

So it's the destruction of any notion of society and of the concept of the public. Any idea of the public good falls out.


2.In the early 60's to 70's, the economy in developped countries basically fell out. And a whole set of policies that basically provided for a safety net in the US and other countries were framed as having Caused the problems.
So they claimed that what was needed was a new sweep of policies that get people to take responsibility for their own stuff:welfare was replaced by workfare, surplus economics (or the idea that we need to significantly cut, cut, cut), taxes, that they need to restructure government, that they needed to make citizens more entrepreneurial."


https://m.youtube.com/watch?v=pqJFtTsUEXI


The operative word being 'framed'. It was a pack of lies of course but big business and especially the banks saw and seized the opportunity that was the OPEC embargo to push through the neoclassical/Austrian School nonsense that skewed conditions in their favour and depowered and impoverished labour.

Neoliberalism is class war. Not a valid economic basis to manage economies.
 
Back
Top