Steven Best on Neoliberalism

“In the last three decades, neoliberalism and global capitalism have destroyed social democracies, widened gaps between rich and poor, dispossessed farmers, assaulted indigenous peoples, and marketized the entire world, all the while escalating the war on animals and intensifying the assault on every ecosystem on the earth as a whole.”

“The termination of the Bretton Woods financial system and the collapse of the Soviet Union followed in the wake of centuries of capital-driven globalization. Neoliberal capitalism has become the new paradigm of permanent growth. The implications of the neoliberal stage of capitalist marketization are enormous, as capitalism universalizes its rule, throws off "superfluous" and "injurious" constraints on "free trade," and increasingly realizes the goal of purity of function and purpose through the autonomization of the economy from society, so that the social is the economic. Over the last few decades, Takis Fotopoulos notes, "A neoliberal consensus has swept over the advanced capitalist world and has replaced the social-democratic consensus of the early post-war period." Not only have "existing socialist societies" been negated in the global triumph of capitalism, so too have social democracies and the bulk of institutional networks designed to protect individuals from the ravages of privatization and the relinquishment of responsibilities to people in need to case them into barbaric barrenness of the "survival-of-the-fittest."”