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Garrett78

(10,721 posts)
5. He's just saying that genuine liberalism has been purposely imploded.
Mon Jul 16, 2018, 11:15 AM
Jul 2018

As he wrote at the end:

That’s the story, I think, that’s emerging now, about the failure of neoliberalism. It’s much weirder and darker and stranger than we thought. Neoliberalism didn’t just fail because it left industrial society to the dogs. It failed because it created a class of kleptocrats, who ignited a wave of neofascist movements, exploiting class and race grievances, to break apart what was left of a liberal global order — and make the new global order what they wanted all along. Unfettered, raw, omnipotent kleptocracy.

I’d call it, more simply, kleptofascism. Neoliberalism created kleptofascism, and kleptofascism undid what was left of genuine liberalism. Neoliberalism didn’t just implode upon itself. It imploded the world as we knew it.

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