Tag Archives | Neo Liberalism

Margaret Thatcher’s Hearts And Souls

She failed in her dream of using economic policies to create a society of citizens who believed only in individualism. Via New Left Project, Tom Mills writes:

Much has been made of the ideological power of Thatcher’s political vision, but in reality she did not seek to persuade people that ‘there is no alternative’. Rather she forced people to accept as much by attacking the social bases of collective action and ideas, emasculating those institutional forms that could make building any alternative possible or even imaginable.

Like the Marxists she despised, Thatcher believed that ultimately it is the material conditions of life that determine political consciousness, and she sought therefore to bring about institutional changes which would carry with them an ideological reorientation. Hence why in an interview for the Sunday Times in May 1981 she made the chilling remark that, ‘Economics are the method; the object is to change the heart and soul.’

The policy innovations in the Thatcher years represented a profound shift towards a political economy based on rising asset values rather than income.

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The Problem with Social Democracy

FlagAn interesting article that highlights some inconsistencies Center-Left parties have in implementing a social-democratic platform while effectively maintaining and strengthening capitalism … Via Socialist Worker:

With the electoral breakthrough of the NDP in the federal election, attention to the nature of social democracy has returned to the political agenda. What do socialists say about the NDP and social democracy today?

There are two main views about parliamentary — or electoral — democracy in the history of the socialist movement. The social democratic view sees the liberal democratic state as a neutral body that can be peopled by delegates of the right or the left. Marxists, however, have stressed the limitations of the liberal democratic state. This view dates back to Marx’s analysis stated simply in the Communist Manifesto.

Contemporary social democratic parties, like the NDP or the Labour Party in the UK, keep a close eye on every aspect of parliamentary practice.

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