
Trump has unleashed
neoliberal collapse through his protectionist virulently anti-globalist
measures –a schadenfreude moment for
the world, as neoliberal hegemony that controlled discourse across the
political spectrum in last many decades, from right to left, scramble for cover
screaming dire consequences for the world. To uncover this farce, let’s trace through
brief history on how they pushed the world into neoliberal tentacles. The rise
of European imperialism and British colonial empire during 19th
century was on the foundation of classical liberalism (Adam smith, self
regulating market through invisible hand of supply and demand, free trade) that
capitalised industrial revolution for economic growth, it collapsed during
great depression and Second World War exposing limits of laissez faire, paving
way for Keynesian model of state intervention (New Deal) that dominated through
mid-20th century before collapsing under neoliberal surge that
reframed core ideas of classical liberalism seeking to unleash capitalism’s
power by freeing market from all constraints, left to its own devices it is
proposed to produce greatest economic growth. It works with free movement of
capital, goods, information and people across borders. Neoliberal globalisation
is about deregulating market, spreading capitalism through market driven
innovations and monetising everything in market terms. Human actions and
relations, or even nature, have value if it can be monetised and bartered for
profit in market. Classical liberalism was much circumspect and had some concern
for humanity in its core hence innately held that everything shouldn’t be
monetised or marketised. Neoliberalism has greed in its core, unleashed by
grabbing whatever came in its path for its marketable worth and transactional
value. Reducing government agencies, and privatising it, so as to compete in
the market to survive and decide worth through market fundamentalism. Market
was metaphor to invoke unleashed freedom of jungle for survival the fittest. Neoliberal order fused ideas of deregulation with personal freedoms,
open borders with cosmopolitanism, and globalization with the promise of
increased prosperity for all, a sophisticated conception, a janus faced system that shows different
faces to different section on the scale of power and control. A face of benign libertarian
posturing for powerful and a face of brutal exploitation for poor, a face of
freedom and choices, and a face of extortion and dwindling common
resources....even the word liberal gives the impression of originating or
caring for liberal values –it was carefully confined to market as much as
freedom restricted to expanding consumer choices and actively creating more
need. Greed is normalised as choice, irresponsibility is freedom. Neoliberalism
integrated natural resource extraction, production and finance at a global
scale extending classical liberalism of colonial exploitation by connecting and
normalising democratic societies to authoritarian regimes.
Market fundamentalism
defined neoliberalism means market will find efficient optimal outcome in every
case. Democratic government is incapacitated to take responsibility, even in
critical areas with significant social ramification and much needed financial
intervention, is how neoliberal spreads its hegemony. It has led to acute level
of inequalities and concentration of power and wealth with few individuals
creating an ecosystem of hypocrisy and charade of concern, gradually people
lose confidence in democratic institutions and pave way for authoritarian
leaders –not very ironically promoted by neoliberal forces. These ‘leaders’
exhibit clear signs of compromise hence are nurtured and elevated (countries
like Britain are too compromised as a society, the reason why they churn out
such low quality leaders deft in school level debating skills nurtured in an
ecosystem of what is spoken is rarely intended and very rarely acted upon
–these turn of sentences are prized by posers in erstwhile colonies). The farce
becomes theatrics of democracy. Meanwhile as democratic states are weakened and
fledgling democracies collapse the authoritarian systems gain and consolidate
–and with new powerful technologies priming in these exploitative frameworks it
is set to get worse as countervailing capacity of state is substantially
shrinked and negated, with it aspirations of millions of people asserted
through process of democracy.
Under neoliberal
system state’s role was passive hence weakening of public power and
consolidation of private power; reassign economic power to private market
forces, prioritising free market principle over people and nature. Critical public
good services were systematically eroded and transferred to private players
ostensibly for efficiency that is assumed to come with greed and self interest.
Simultaneously as the state’s autonomy is compromised its capacity to
effectively shape market forces is outsourced and lost. Market becomes a beast with
its own will. The benign ‘invisible hand’ grew talons to grab anything and
everything to monetise and consume in its gargantuan greed. It is now a
neoliberal state, a nominally democratic political system. Superficial transactional
values create disconnect and rise of primal feudal connections rallying
atavistic emotions paving way for authoritarian undemocratic value systems. Neoliberalism
was positioned as political economy of freedom, this was deviously hinged to weakening
of social solidarity while cleverly appropriating and replacing human urge to
free from stifling regressive collective. It was being presented as natural liberal
option for humanity with market replacing state as agent of natural progress. Market
deemed as system without power centre, while hierarchy it creates is natural expression
of competence and merit in free society, a perverse Darwinian fitness within market
defined parameters. Market efficiency is constructed as very definition of human
efficiency. What defines market defines humanity is the assertion. Hence all
human conceptions and aspiration will be defined from markets perspective to
get meaning. State machinery henceforth is subservient to the needs of market
since it defines human aspiration. From neoliberal value system perspective
market is as natural as jungle and the rules defined by nature/god hence state
interference is interference on natural law itself. Human in such conception is
consumer fighting to survive in the competition for resources, power and
profit. Grabbing more is sure sign of success hence emulated. The ruse of neoliberalism
as freedom is for assimilating and asserting power, in political economy of
private power, in whatever way possible to monetise and gain. It is about
shifting power to powerful private entities (over market) under the garb of freedom
from state and encouraging unfettered competition as emulating natural laws. State
is repurposed as an agent for globalised money flow –using words like investment,
which sought opportunity for easy money multiplying. State was systematically
deregulated to favour powerful finance capital over operating companies that
were providing valuable services and essential goods.
USA and UK moved
firmly into neoliberalism in 1980s, and soon the world followed, a concerted strategy
to weaken state –a democratic institution to counter private corporate power, and
in the long run systems that provide direction for technology to evolve. If AI
is presenting the worst possibilities then it has to do with the exploitative systems
that are nurtured. Democracy is a counterbalance against brutalities of state, as
also against irresponsible corporate and private interest. However flawed democracy
maybe it is an attempt, or framework, to represent grassroot hence opposing
feudal control, while education creates awareness thus negating regressive
forces, it evolves into voice of reason and assertion of enlightened collective
(at the least the wisdom of crowd). Unlike greed-filled merit-neutered from
existential reality that neoliberal system values, democracy provides freedom
to evolve as individual synergically connected, or the extreme possibility of
nihilistic disenchantment, for better deal with reality. Neoliberal value
system actively works to keep the divisive agenda (it becomes easier in primitive
societies), encourage primal concerns, to keep the individual isolated. The
result is a society of cogs in their grim struggle to succeed while each and
every milestone in these miserable lives tabulated and monetised. Inane
entertainment and banal occupations incapacitates reflective thinking and
awareness of existential absurdity. The individual in neoliberal system is a
juvenile who needs to be kept distracted and is trained to be excited by
primate sensibilities. It encourages regressive collective that reduce humans
to herd unlike aware individuals who synergise into active collective deeply
connected to reality for progressive change.
Neoliberalism
vandalism is treason on life on earth. It spread through exploitative value
systems and feudal institutions with deviously appropriated semantics of
progressive values. It is proposed as natural evolution as if emulating life
itself. Money is seen as blood passing through veins of nations to energise and
prosper the world. The garbled juvenile chicanery of money dealers has wrecked the
world with market defined development and growth. It has severely diminished
life and living systems. Every effort must therefore be made to dismantle this
neoliberalism assault on life. Nature has nothing whatsoever to do with
monetary system or financial institutions. To start with nature is not in
competition as is being exaggerated by juvenile minds to justify their
primitive ways and limited primate mind to keep itself busy. Competition, if
ever, is limited to specific context to encourage diversity and robust deal
with complex reality, and surely not for permanent acquisition and complete
domination that infantile transactional thinking conjures. Nature doesn’t
really work that way. It will collapse if it does, and wouldn’t evolve. Natural
systems optimise to grow and thrive in mutualism with constant feedback to
factor the possibilities and limitations of laws of nature and availability of
resources. Life is evolving for billions of years; its level of sophistication
is so complex that it seems a miracle. Human created systems can attempt to
factor in and learn. Meanwhile crass infantile financial systems cannot be
allowed to hinge itself to nature to appropriate short term gains and
insatiable greed. Life doesn’t vandalise. It is deeply connected to its
surrounding for its survival (extrapolate that to life on earth), its
strategies are in sync with life giving forces. This consciousness attains
sophistication as lifeforms evolves. Sapiens were expected to express this
enlightening expressions of life. Alas.
What we have instead
is unregulated market promising a connected peaceful stable world of prosperity.
What it meant was state’s role restricted as guards of vandalism –by keeping
common people in control, for blatant neoliberal exploitation as “investment
friendly” while corporate circumvent the same rules (take for instance
exploitation of water and energy by carbonated sugary water manufacturers that was
documented more than two decades back https://depalan.blogspot.com/2011/03/anecdotal-study-on-nature-of-mncs.html). Legitimate role of democratic institutions were seen as
interference, common resources were opened up as trade and environmental laws
deregulated for “investment and development”. Through feudal structure and
greed neoliberal system extended its hegemonical influence to all spectrum of
political persuasion from right wing to left (indeed china is major lynchpin in
neoliberal world order). Under neoliberal sway authoritarian undemocratic
societies and regressive values extended their influence and consolidated
control. Neoliberalism is so entrenched and naturalised that we have strange
presence of neoliberal centre right and neoliberal centre left mock fighting for
control as a touchstone for colossal hypocrisy –their saccharine laden apple not
falling too far from neoliberal tree (far left posing as progressives
showcasing characteristic irresponsibility by pushing for globalisation’s
unfettered migration as high moral commitment the reason why far right have
gained intuitive traction over majority of voters). With all spectrums of
political parties supplicating to neoliberal order the opposition is equally
compromised (take glaring examples of US and UK –that unleashed neoliberalism
vandalism onto world, whether Democrats or Labour). The backlash against wanton
greed, irresponsibility, increasing inequalities, deterioration of environment,
was capitalised by opportunist forces. They played with the fear, growing
insecurity and apathy, by invoking primal urges and theatrics of primate
masculinity perceptions as decisive leaders who will lead them to secure world.
President Obama was presented with unique opportunity in 2009 to reign in the
neoliberal vandalism as it stood at the precipice utterly exposed at its
ethical lack and greed saturated hypocrisy of horrible world that was
constructed over the last many decades, but he went for safest, indeed ‘nicest’
(aligning with market image) option of going with big banks. Neoliberalism
order has so compromised and weakened countervailing institutions that
democracy has become a cynical exercise for common people. Acceptance of
authoritarian leaders and theatrics of demonstratively decisive is rooted in
this backlash against ineffectual and compromised status quo wherein common
people are bartered for bigger claims all the while nothing substantial is done
to evolve or deconstruct the oppressive system. Don’t forget brutal dictator
Pinochet (insurrected by CIA backed coup) facilitated neoliberal experiment in
Chile to begin with. Neoliberalism needs brutality of state under the garb of
rule of law, it works well when democratic institutions are weak, social
contract corrupted and individual are isolated and competed into wrongly
appropriated Darwinian natural law. It is therefore natural for brutal
societies to gravitate towards neoliberal value system. While democratic
nations are increasingly shifting to authoritarian right as a backlash of
decades of neoliberal vandalism, it facilitated authoritarian countries like
China, Russia, Saudi etc to consolidate their power in an anchorless world
devoid of ethics. Primitive Saudi feels empowered enough to control and degrade
important international meet like CoPs that has immense ramification on
humanity.
What Trump has set
free through his disruption is a pernicious mutant variety of neoliberalism
that shed globalism (especially migration, its demographic and economic
consequences on local population) to perceived superiority of native
intelligence and revivalism of folklorist hearsay, all this in the frame of
social media mediated chaos of misinformation and disinformation, lack of
authenticity and incapacity to critically think. This mutant is extremely vary
of globalist liberal world for unleashing, ostensibly progressive, value
systems that threaten their carefully constructed world -sold to herd as
nostalgia of great past, essentially selectively tailored myths. “Many supposed
disruptors of status quo are agents of less of a backlash against global
capitalism than a frontlash within it” (Quinn Slobodian in Hayek’s Bastards). The irony is, unlikely Trump is better suited to
deconstruct disestablish neoliberal order than likely (but disappointing)
Obama. Strange as it is, it is the right that has undertaken this role with
much seriousness while the left is reduced to stuttering spectator increasingly
out of touch with emerging reality. Neoliberal order is imploding in realtime. Trump
is demolishing its edifice and exposing the slithering fattened specie that was
thought to be sacred by all conventional wisdom across the spectrum controlling
the narration. Stock exchange (another of exaggerated manipulated neoliberal
short term speculation gain) plummeted, market media went into frenzy –they are
immune to real existential crisis such as the dangerously rising temperature
(deplorable bbc still seeks balance). Another irony, not noted by compromised
systems, is that as the neoliberal economic system implodes it is a respite for
earth and most lives on earth (including humans- it is assumed that neoliberal
channelized wealth and glitter indicates well being, and that wanton
consumption and irresponsible market friendly ways is approximation of human
worth). Though devoid of progressive underpinning and ethically contradictory
Trumpism is still better suited to dismantle neoliberal world order. We live in
a strange shifting anchorless time. It is a ripe moment for a new narration
that sync and is responsive to the reality we live in. We cannot have same
mistakes repeated and expect things to be right (accumulation of power is never
good nor feeding herd solution) as the stakes are too high. Critically, neoliberalism
is incapable to face crucial problems of our times (let alone solve) like increasing
inequality, climate crisis, global demand and consumption model that severely
degrades biodiversity, weakening of democratic institutions and rise of
religious fundamentalism, humans increasingly incapable of critical thinking so
on, when it is deeply embedded in the cause. Neoliberalism is a degradation
that excites primitive value system; opportunism and greed creates regressive
ecosystem for technological innovations and evolution. It is a significant
concern for AI going rogue since the ecosystem incentivise short term gains while
delegating/outsourcing consequences to common space. What is at stake is human
civilisation, indeed life on earth itself, which needs large scale long term investment,
innovative thinking, something that is impossible without active and effective participation
of empowered state at global level. It cannot be about opportunism efficiently
accomplished to please the money counting investors and share holders before
moving to next opportunism of wanton consumption. Problems created and
accentuated by neoliberalism cannot have neoliberal solutions. Modern economics
has failed to factor in powerful externalities, which are not found in economic
theories, and have significant impact.
It is proposed that
neoliberalism fuelled economic growth created prosperity therefore added value
despite shortcomings. Hence it is assumed that we have no alternative to
neoliberalism –it is the natural order, and that it has to be saved and
salvaged from failure whatever may be the consequences (too big to fail). Keynesian
economic growth in mid 20th century was much robust, not only that,
unlike greed it was more about hope and collective concern. Clearly, neoliberalism
has created much havoc on societies around the world and carnage on environment
and nature. It is about time it is dismantled. With diminishing US power, hence
the lynchpin of neoliberal world order, it is fortuitous occasion for crucial
international organisations like UN, WTO etc to stop acting as the instrument
of neoliberalism and its nefarious hegemonical hold over democracies and
exploitation of weaker nations (in the aftermath of colonial European exploitation
China now has completely vandalised Africa for its resources simultaneously nurturing
authoritarian regimes by providing latest surveillance/intrusive technologies).
Organisations like UN are incredibly important and have crucial role to play to
face the globalised threat to humanity. These need to be overhauled and
democratised to respond to complex reality and not remain ossified in the past.
Perceptive people are aware of unsustainable nature of neoliberalism as it sucks
clean the fringes (poorer societies and natural resources) as it generates
wealth, in the recent times the mounting decay expose deep fractures in its
down spiral. With growing inequality, depleting resources, control and
consumption by irresponsible few as also real time impact of climate breakdown,
there is a political weakening of neoliberal foundation and a widening profound
disconnect with reality of the world. There has to be an alternative to
neoliberal vandalism.

Till recently those
who questioned neoliberal consensus were ridiculed and sidelined. The fissures
in toxic system was becoming apparent, late 90s saw East Asian crisis, then Enron
collapse (also indicting consultant companies whose role seems to be intellectual
emasculation and as henchmen of neoliberal sophistry) and tech bubble burst (2001)
–pointing to corrupt ecosystem, Iraq invasion, banking crisis (2008) –state
intervened to rescue private financial institutions and banks, exposing
neoliberal lies of market discipline, extensive study of inequality hampering
growth (Piketty, extremely relevant economist), catastrophic negligence of
neoliberalism in dealing with climate change and bankruptcy of market
solutions, finally pandemic exposed neoliberal incapacity during crisis and importance
of state intervention. To be fair Biden administration understood the drift,
and actively worked to rein in neoliberal runoff and regulate the big companies
and private capital, support pro-union against corporate exploitation –this is
the compelling reason why big corporate shifted to Trump. Biden was arguably
one of the best US president (in the context of times) but he messed up by not delegating and making it a ego issue, a moral collapse, while it was obvious that
he is cognitively declined. Meanwhile for TechBros democracy is a programming
error that needs autocratic Caesarism hence Trump.
What is also true is
that world is no longer flat but complex and neoliberal hegemonical simplicity
is spreading thin and unravelling for all to see. The growing public discontent
and economic injustice is being effectively capitalised by consolidation of
authoritarian right while neoliberal left lost traction as it try to appear
humane in its desperate compromises (of exaggerated identity politics that did
more harm while theatrics of diversity took it to ridiculous). They are too
entrenched in neoliberal to break away or accept the hypocrisy. Neoliberal left
is particularly dangerous specie that weaponised woke and passed it on to
neoliberal right to play havoc on nuanced understandings. The surge of
authoritarian right is very much effectuated through the vacuum created by
neoliberal economic policies weakened democratic institutions. For beleaguered
herd primate legacy provided compelling theatrics of saviour leader, the
aggressive masculinity that keeps the pack safe. Meanwhile even as neoliberalism
collapses (market fundamentalism ridiculed, globalisation replaced by masculine
nationalism) the power and money is accumulated with few people who use it to
further their grip, it’s a plutocracy that is positioning as saviours. So as
humanity face existential threats that needs urgent globalised response what we
see is powerful few detaching into surreal world limited by their own lack of
imagination and making it a show of ridiculous crass and utter horror. We urgently
need newer innovative collective involvement and grassroot level people
participation. There is still no coherent economic doctrine to replace neoliberalism
but it is clear that alternate needs compelling narration of collective voice
and a deep felt empathy for debilitating predicaments people face as life
sustaining world as we know collapse. It must strongly dissociate from using
oft repeated neoliberal semantics of concerns that will surely hang around to
find traction. It doesn’t sync with reality of the world. Market lobotomised
media will fret and hop in neoliberal hegemonical pit siding from left to right
to capitalise the angst. They have lost their relevance (particularly the
legacy media). The binary of left and right is too trite and simplistic
evaluation of complexity of the times we live in. Labelling and categorising
leads to activating loop of the past hence superficial evaluation of the
present. Contemporary has to be evaluated in the entirety of the unique present and
not extricated and weaved from frayed threads of the past. The parallel comparison
to the history is too tenuous, mostly tossed in by insipid academicians seeking
relevance. It’s a left wing oligarchical control of narration, of historical
dialecticism so on. The reason why solution is not only always wanting but is
lost on people since it doesn’t reflect their reality or concern. It’s a pedantic
semantic jugglery to establish pecking order in academic oligarchy for
narration control. It doesn’t impress outside their carefully selected circle
nor does it have any real life impact.
Neoliberal facilitated plutocracy has become a
serious threat to humanity. The world is not here to be entertained by their
inanities and simplistic grand plans that systemically dismantle progressive
foundation into frivolous participation. Also, narrations of juvenile systems
specifically classified as minority and migrants must be closely scrutinised,
regressive barbaric values or feudal patronising concerns cannot be normalised nor
miseries delegated to common people for bigger cause -for neoliberal globalists
to appear empathetic, these are superficial concerns to keep populace
distracted. Whatever degrades/disconnects with reality cannot be part of
collective voice nor systems that approximates people into herd has any place
in emerging world. Beware of such people they seek herd, a ruse to convert
neoliberal nurtured values into feudal hold as change. It is not about
deviously classified minority concerns or compassion for migrants or
transgender, it is about systems that creates such situations. It is not about
crony capitalism or about falling wages or losing jobs or economic inequality or
migrants or woke that authoritarian right is capitalising from imploding
neoliberalism to nurture plutocratic control as they persistently weaken
liberal democracy while neoliberal left tries to appear saviour in its hedonist
plume. We have well passed the posturing, nor are we interested in constructed
binaries of left and right to appropriate, capitalise and toss crucial issues
into meaningless. It is systemic change that is needed while every trace of
neoliberal structure dismantled as it weakens democracy and nurtures
authoritarianism. Empower democratic institutions and vibrant diversity with each
human evaluated as a thinking individual who synergise for collective voice and
evolve for better world (be constantly vigilant against herd churning control
systems and their feudal angst, only an individual can be vibrant part of
democratic collective, or else it is undemocratic and source for degradation). This
will empower democracy and nurture a responsive system to face the complexities
of the times we live in (for instance, it is not about carbon tax –it is a
typical neoliberal clever solution, a distraction, which is disconnected to
reality. What is needed is renewed public investment in mitigative and adaptive
measures, and an active role of state in tandem with other nations in a global
effort), a strong liberal democracy hinged on progressive diversity and humanistic
solidarity. The power must come from fundamentals of public good and not from fundamentals
of market. The state is not transactional it has moral obligations. It is
obliged to empower voice of people over herd and value human dignity as a foundation
to alternate social economic structure. Wellness
matters but wealth generation is not a criteria for happiness nor meaning of
life, it is only an aspect deeply connected to the context, and surely, cannot
be taken in isolation to fit the neoliberal narration. It is quite clear that beyond
basic needs wellness is connected to quality of world we live in. Only
psychopathic system will aspire for more money while the resilience of
ecosystem dangerously deteriorates with rapid biodiversity loss and the world as
we know collapses and incapacitated to nurture life. It also points to deeply
flawed system that claims to be rational but is incapable to rationally
evaluate the unfolding existential threat.