What is neoliberalism? It is the extension of market dominance to all spheres of social life, fostered and enforced by the state. In economic policy, this means deregulation, privatization, and financialization. In culture, it means untrammeled marketing and the commoditization of everyday life, including the intimate sphere. In law, it means consumer sovereignty and a restrictive conception of the public interest. In education, it means the replacement of public by private (i.e., business) support for schools, universities, and research, with a corresponding shift of influence over hiring, curriculum and research. In civil society, it means private control over the media and private funding of political parties, with the resulting control of both by business and the ultra-rich. The upshot of this political-economic regime is prosperity for Wall Street, Big Tech, and a few other favored industries. For intellectuals - at least those who have not sold themselves to business or the state, which is actually a pretty good definition of public intellectuals - it means austerity, a squeezing of the creative economy, which is a gift economy, the antithesis of a market economy. For everyone, it means a narrowing of horizons. –George Scialabba
It grinds up your bones And drinks the living marrow Your life means less Than the fall of a sparrow
It puts a toll booth on your heart Sucks the life out of culture It worships only war And prays to the Vulture
It turns love into commerce And siphons every nickel It drinks from the firehose And offers you a trickle
Financialize and privatize And profit from inflation Jeopardize and terrorize To drain a bleeding nation