Neoliberalism’s Legacy

Ravens on steps at Barr'd Island

This Chris Hedges post inspired my listing below, but my own blunt, scruffy and ornery mood soon took over, so don’t blame him…

Neoliberalism’s Grand Achievement: 8 Families now own half of the Planet’s “wealth”

A concise, incomplete history of it’s ascendency:

  • Sharing the wealth was invented to deal with uppity, but needed, unionized workers in the 20th century
  • A phoney science called “economics” was born and nurtured
  • They stumbled onto a flawed idea called “free” trade
  • Corporations were soon made into “persons” with rights and the ability to live forever; that’s much longer than real persons live
  • Those rights grew and grew as worker’s power shrank
  • Human rights, such as clean water, became “commodities” – sold at a positively pornographic price in some places
  • Market “freedom” inevitably led to privatization: fewer and richer Rich vs more and poorer Poor
  • Entertainment and gadgetry kept the middle class distracted – a worthy crowd control project presented to government/corporate/labour think tanks in the 70’s
  • Monopolies were made legal instead of criminal
  • Unemployment Insurance was euphemized Employment Insurance in Canada
  • Companies were allowed to use their employees’ pension savings, including the workers’ own contributions leaving just a bunch of promised numbers in the safe
  • Banks were allowed play with insurance and sell mutual funds
  • Crazy shit like derivatives became a way for the banks to get richer – until they didn’t
  • Your taxes and mine went to bail out poorly managed banks and their overpaid executives
  • Car companies were bailed out even though they broke their pension promises
  • Private equity firm(s) gobbled up peoples’ houses at auctions as if they’d planned it.
  • “Disaster Capitalism” took control of natural and organized disasters
  • Little wealth was created, just redistributed upward
  • The good freedoms of the many (association, speech…) were replaced by freedoms of the few (monopoly, price gauging, foreclosure…)
  • Human beings are now just another “commodity” to those above eight families.

On Suffering and Disillusion

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Then:

No action destroys evil, but only the apparently useless and perfectly patient suffering of it.

Simone Weil, Gateway to God, p. 51 quoted in my diary entry on 10 October, 1984.

My belief in the above to be true, while never total, was stronger over three decades ago, when I was a Christian. The example of Jesus, given by a well-known Jesuit, seemed to confirm Weil’s intuition:

The power of the human person, his secret weapon, is his power to suffer and die.

From The Two-Edged Sword by John L. McKenzie, S.J., from page 25 of the same diary.

Now:

I look at the way the world has been increasingly dominated by a single political entity since I read the above statements, with, seemingly, little but pain and destruction for any peoples whether they dare to oppose it or not.

This dominion has been achieved by a combination of overwhelming military might, the absolute and wanton waste of Mother Earth’s natural resources on weaponry and, since the Reagan years, the gradual extreme control of the West’s mainstream media to the point that, among the smartest of us, there is a dismal, widespread lack of awareness.

I am now far from convinced that there is much hope for the approach of “turning swords into ploughshares.”

By the way, we Christians might be forgiven for thinking that Jesus used this phrase somewhere in the New Testament, but we would be shocked (I was!) to find that this everyday, so hopeful expression comes from the name of a statue completed in 1959 by a Russian sculptor named Evgeny Vuchetich and presented at that time to the United Nations, where it still stands. But New Yorkers may well be aware of this…

Yes, a Russian from, er, Russia! Go figure! The same Russia that is now increasingly, and I am convinced unfairly, vilified on the front pages and TV headlines of all the major organs of the “free press” for doing things that the planet’s paramount hegemon has been doing for just as long, albeit with greater success.

Hmmmm….

 

 

“He Who Shall Not Be Named” Is Stalking Me

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