A BRIEF HISTORY OF NEOLIBERALISM - DAVID HARVEY
This book is also the third in a series. Between this one, CAPITALIST REALISM and THE POORER NATIONS I’ve been doing more economic reading and trying to understand where we’re at. I’m a big believer in the idea that economics is basically a psuedo-science, or, more precisely, economics often uses the language and positioning of a “real” science (and by this I just mean a discipline that relies primarily on the scientific method, something that social sciences aren’t really able to do) to obscure what are actually social and political concerns. CAPITALIST REALISM is probably my favorite out of the bunch, mostly because it’s about how it feels to live under this current regime (which all three books date to the mid 70’s). The other two are more technical and persuasive and take on how the current economic model works and how it got put in place. ABHN is simply a POORER NATION but mostly about the US and China. It was actually the China stuff that I found most interesting and persuasive. Typically western writers, left and right, speak of China as a monolith or as being fully represented by the statements of the government and ignore internal disagreements and even the variety of views within the Chinese Communist Party. Harvey gets deep into it. He’s a communist himself so he’s able to simplify Neoliberalism down into an attempt to restore upper-class power, which is a compelling and simple way to look at it. I’ve read a lot about this topic so I didn’t need too much convincing; I’m largely on Harvey’s side. I do detect a hint of a moralizing that I find conservative. For instance, he talks about how Neoliberalism privileges short contracts and constant flux which, when applied to our personal lives (more the territory of CAPITALIST REALISM) erodes traditional relationships, like marriages. I view this as a positive or neutral development but Harvey would probably argue I’ve let postmodernism melt my brain and trick me. He might be right. Tho, he also occasionally comes down on the sex-trade as specifically exploitive and bad in a way that, when seen in the global context he rightly insists on, I can only read as reflecting a conservative squeamishness. But these are minor quibbles. The book is really good and I would really recommend it for people who are starting to think about this stuff. I really enjoyed the passages about information technology being the “privileged technology of neoliberalism” since I deal with the nonsense-fallout from this reality daily. You wouldn’t believe how much data has to be collected and analyzed to help people. This book is also interesting to read in a historical context since it was published in 2005 and therefore written before the housing crisis, the most serious test of Neoliberalism hegemony in the last 50 years. Harvey doesn’t predict a housing crisis exactly, tho he does talk about the rapid, insane debt-financed spending in the USA and discusses what will happen when this dynamic, inevitably, blows up. “It could be that the US ruling elite has calculated it can survive a global financial crisis in good shape and use it to complete its agenda of total domination. But such calculations could be a monumental error.” Sadly, they were not. The $-elite were able to do exactly what that first sentence predicts, Harvey was overly-optimistic and the situation is somehow worse than when the book was written. Still, a quick good overview of the world we live in, which were going to have to think deeply about if we want to get ourselves out. 1 Totalizing system.