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April 26, 2012

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Ian C

Excellent pieces - congrats.

Actually existing neoliberalism seems to involve the state, civil society and private sector in a deeply unsatisfying web of quasi-markets - unsatisfying to everyone bar the oligopolists who are the beneficiaries. In extending market disciplines in the public sector, politicians keep running up against limits and resistance to marketisation and commodification: the result is an incoherent mesh of quasi-markets and internal markets, but with private operators encamped and unbudgeable from long-term contracts and relationships. In the private sector, the pressures of globalisation and scale mean we now have many oligopolies who become, by dint of size and reach, too big to fail and therefore operate with tacit or explicit state backing: again, a quasi-market. And in civil society, the price for state or business support is the contortion of civic initiatives into quasi-commercial forms. The state of post-2007 Exception you analyse makes all these pressures more intense and hard to escape.
And all this in the name of pro-market values, free enterprise and buccaneering competition. When will Real Hayekians rise up in revolt and demand Neoliberalism Uncut?

Dick Pountain

When will Real Hayekians rise up in revolt and demand Neoliberalism Uncut?

If Romney wins in November?

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