Neo-Liberalism as an ideology is short-termist,
short-sighted and it has the effect of short-circuiting the social contract.
Neo-Liberal austerity measures and state asset sales -
are a political choice - not an economic necessity.
Neo-Liberal application of monetarist economic theory
has turbo-charged neo-colonialism. It has resulted in: profiteering, asset-stripping, unaccountability, steadily increasing prices for increasingly poor quality services and commodities, driving down of wages at the base
while grossly inflating remuneration at the top, removal of job security, massive
increase in personal debt, privatisation of profits and socialisation of costs,
incalculable damage to the environment, and the use of technological advances
to enable global finance capitalism while diverting vast swathes of people into
a netherworld of misinformation, froth and nonsense.
The Neo-Libs’ Charter :
Reduce
and privatise as much of the state as possible without compromising its
coercive machinery, eg militarise the police to be ready to control internal
dissent & maintain the military to be ready to control challenges to global
capital deployment.
Allow
and enable capital to roam freely across the globe in search of greater profits
through the manipulation of financial markets, employment of cheap labour,
investing in countries with ‘industry-friendly’ health & safety and
environmental laws.
Create a
global dependence on the finance sector.
Massively
reward the already rich.
Create
social, political and economic buffer zones of affluent demi-elites with a
vested interest in maintaining the economic status quo.
Demonise
and undermine working class collectives.
Push
down wages and conditions at the base.
Reduce
employment costs by shifting them onto self-employed contractors.
Remove job security for most of the
workforce.
Increase
personal debt through various forms of bank credit- especially home loans and
credit cards.
Increase incarceration by putting
more poor people in prison and imposing longer sentences.
Encourage
the fragmentation of the political opposition.
Extend
some formal rights to previously marginalised communities as long as they don’t
challenge the economic status quo.
Control
the mass media through the concentration of ownership.
Use
social media to divert, divide and dominate via a mass of outright lies,
misinformation and nonsense.
Create
international and domestic pariahs and scapegoats to foment social division,
fuel moral panics and justify coercive and interventionist strategies.
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