Tag Archives | neoliberalism

Government Shutdown Doesn’t Slow Negotiations On The Trans-Pacific Partnership

tpp

Democracy Now! reports the latest on the previously discussed sinister and corporate power-grab:

As the federal government shutdown continues, Secretary of State John Kerry heads to Asia for secret talks on a sweeping new trade deal, the Trans-Pacific Partnership.

The TPP is often referred to by critics as “NAFTA on steroids,” and would establish a free trade zone that would stretch from Vietnam to Chile, encompassing 800 million people and nearly 40 percent of the global economy. While the text of the treaty has been largely negotiated behind closed doors and, until June, kept secret from Congress, more than 600 corporate advisers reportedly have access to the measure, including employees of Halliburton and Monsanto.

“This is not mainly about trade,” says Lori Wallach, director of Public Citizen’s Global Trade Watch. “It is a corporate Trojan horse. The agreement has 29 chapters, and only five of them have to do with trade.

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The History Of Neoliberalism — And How To Undo It

neoVia New Left Project, London School of Economics professor Jason Hickel on the 1980s rise of neoliberalism — the belief system that defines our reality:

I often find that my students take today’s dominant economic ideology – namely, neoliberalism – for granted as natural and inevitable. This is not entirely surprising given that most of them were born in the early 1990s, for neoliberalism is all that they have known. In the 1980s, Margaret Thatcher had to convince people that there was “no alternative” to neoliberalism. Today, this assumption comes ready-made; it’s in the water, part of the common-sense furniture of everyday life.

If an economist living in the 1950s had seriously proposed any of the ideas and policies in today’s standard neoliberal toolkit, they would have been laughed right off the stage. As Susan George has put it, “That the market should be allowed to make major social and political decisions; that the State should voluntarily reduce its role in the economy, or that corporations should be given total freedom – such ideas were utterly foreign to the spirit of the time.”

The neoliberal model was made – intentionally – by specific people.

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