This is our neoliberal nightmare: Hillary Clinton, Donald Trump, and why the market and the wealthy win every time
The rage driving our politics stems from cruelty of capitalism. So why do we vote for those who worship the market?Over the last fifteen years, editors often asked me not to mention the word “neoliberalism,” because I was told readers wouldn’t comprehend the “jargon.” This has begun to change recently, as the terminology has come into wider usage, though it remains shrouded in great mystery.
People throw the term around loosely, as they do with “fascism,” with the same confounding results. Imagine living under fascism or communism, or earlier, classical liberalism, and not being allowed to acknowledge that particular frame of reference to understand economic and social issues. Imagine living under Stalin and never using the communist framework but focusing only on personality clashes between his lieutenants, or likewise for Hitler or Mussolini or Mao or Franco and their ideological systems! But this curious silence, this looking away from ideology, is exactly what has been happening for a quarter century, since neoliberalism, already under way since the early 1970s, got turbocharged by the Democratic party under the Democratic Leadership Council (DLC) and Bill Clinton. We live under an ideology that has not been widely named or defined!