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Showing Original Post only (View all)"What shocks me about neoliberalism is how utterly unapologetic it is about the misery it produces." [View all]
Last edited Sun Oct 19, 2014, 06:13 PM - Edit history (2)
"What shocks me about neoliberalism in all of its forms is how utterly unapologetic it is about the misery it produces."http://www.truth-out.org/opinion/item/26885-henry-giroux-on-the-rise-of-neoliberalism
Henry Giroux on the Rise of Neoliberalism
Sunday, 19 October 2014 00:00
By Michael Nevradakis, Truthout | Interview
Henry Giroux discusses the increasingly negative impact of neoliberalism across the world, politically, socially, economically and in terms of education, and he offers some suggestions for what we must do now.
An interview with Henry Giroux:
Michael Nevradakis for Dialogics: Let's begin with a discussion about some topics you've spoken and written extensively about ... neoliberalism and what you have described as "casino capitalism." How have these ideas taken hold politically and intellectually across the world in recent years?
Henry Giroux: I think since the 1970s it's been the predominant ideology, certainly in Western Europe and North America. As is well known, it raised havoc in Latin America, especially in Argentina and Chile and other states. It first gained momentum in Chile as a result of the Chicago Boys. Milton Friedman and that group went down there and basically used the Pinochet regime as a type of petri dish to produce a whole series of policies. But I think if we look at this very specifically, we're talking about a lot of things.
We're talking about an ideology marked by the selling off of public goods to private interests; the attack on social provisions; the rise of the corporate state organized around privatization, free trade, and deregulation; the celebration of self interests over social needs; the celebration of profit-making as the essence of democracy coupled with the utterly reductionist notion that consumption is the only applicable form of citizenship. But even more than that, it upholds the notion that the market serves as a model for structuring all social relations: not just the economy, but the governing of all of social life.
I think that as a mode of governance, it is really quite dreadful because it tends to produce identities, subjects and ways of life driven by a kind of "survival of the fittest" ethic, grounded in the notion of the free, possessive individual and committed to the right of individual and ruling groups to accrue wealth removed from matters of ethics and social cost.
That's a key issue. I mean, this is a particular political and economic and social project that not only consolidates class power in the hands of the one percent, but operates off the assumption that economics can divorce itself from social costs, that it doesn't have to deal with matters of ethical and social responsibility, that these things get in the way. And I think the consequences of these policies across the globe have caused massive suffering, misery, and the spread of a massive inequalities in wealth, power, and income. Moreover, increasingly, we are witnessing a number of people who are committing suicide because they have lost their pensions, jobs and dignity. We see the attack on the welfare state; we see the privatization of public services, the dismantling of the connection between private issues and public problems, the selling off of state functions, deregulations, an unchecked emphasis on self-interest, the refusal to tax the rich, and really the redistribution of wealth from the middle and working classes to the ruling class, the elite class, what the Occupy movement called the one percent. It really has created a very bleak emotional and economic landscape for the 99 percent of the population throughout the world.
And having mentioned this impact on the social state and the 99%, would you go as far as to say that these ideologies have been the direct cause of the economic crisis the world is presently experiencing?
Oh, absolutely. I think when you look at the crisis in 2007, what are you looking at? You're looking at the merging of unchecked financial power and a pathological notion of greed that implemented banking policies and deregulated the financial world and allowed the financial elite, the one percent, to pursue a series of policies, particularly the selling of junk bonds and the illegality of what we call subprime mortgages to people who couldn't pay for them. This created a bubble and it exploded. This is directly related to the assumption that the market should drive all aspects of political, economic, and social life and that the ruling elite can exercise their ruthless power and financial tools in ways that defy accountability. And what we saw is that it failed, and it not only failed, but it caused an enormous amount of cruelty and hardship across the world. More importantly, it emerged from the crisis not only entirely unapologetic about what it did, but reinvented itself, particularly in the United States under the Rubin boys along with Larry Summers and others, by attempting to prevent any policies from being implemented that would have overturned this massively failed policy of deregulation.
It gets worse. In the aftermath of this sordid crisis produced by the banks and financial elite, we have also learned that the feudal politics of the rich was legitimated by the false notion that they were too big to fail, an irrational conceit that gave way to the notion that they were too big to jail, which is a more realistic measure of the criminogenic/zombie culture that nourishes casino capitalism.
- snip -
What shocks me about neoliberalism in all of its forms is how utterly unapologetic it is about the misery it produces. And it's unapologetic not just in that it says "we don't care," because we have a punishing state that will actually take care of young black kids and dissenting college students and dissenting professors who basically don't believe in this stuff. It also blames the very victims that suffer under these policies.
- snip -
How have neoliberalism and casino capitalism impacted the quality of education and also access to education?
That's a terrific question. Regarding the quality, it's dumbed-down education to the point where it literally behaves in a way that's hard to fathom or understand. Education has become a site of policies that devalue learning, collapse education into training, or they are viewed as potential sites for neoliberal modes of governance and in some cases to be privatized. The radical and critical imagination is under assault in most neoliberal societies because it poses a threat as does the idea that the mission of education should have something to do with creating critically thoughtful, engaged young people who have a sense of their own agency and integrity and possibility to really believe they can make a difference in the world. Neoliberals believe that the curriculum should be organized around testing, creating passive students, and enforcing a pedagogy of repression. Most importantly, the attack on communal relationships is also an attack on democratic values and the public spaces that nourish them. These spaces are dangerous because they harbor the possibility of speaking the unspeakable, uttering critical thoughts, producing dissent, and creating critically engaged citizens.
What is at stake here is the notion that thinking is dangerous. It's a policy that suggests that education is not about creating critically informed young people
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Henry Giroux (born September 18, 1943), is an American scholar and cultural critic. One of the founding theorists of critical pedagogy in the United States, he is best known for his pioneering work in public pedagogy, cultural studies, youth studies, higher education, media studies, and critical theory. In 2002 Routledge named Giroux as one of the top fifty educational thinkers of the modern period.
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"What shocks me about neoliberalism is how utterly unapologetic it is about the misery it produces." [View all]
Hissyspit
Oct 2014
OP
I'm reading a book, 'Assholes -- A Theory' that provides compelling answers to
cheapdate
Oct 2014
#1
That book sounds great! I plan on reading it when finances and time permit.
adirondacker
Oct 2014
#57
One of the best kept secrets is the rich and powerful have to obey the law....
Spitfire of ATJ
Oct 2014
#49
Non-violent revolution can be achieved it's called raising the consciousness.
Dont call me Shirley
Oct 2014
#13
We have got to figure out a way to treat those afflicted with the disease of addiction to power.
Dont call me Shirley
Oct 2014
#15
Need to demand/fight (peaceful resistance) for Publicly Funded Elections and outlaw campaign
Dustlawyer
Oct 2014
#26
"it's self-healing and any Growing PainsTM will be more than worth it--look how much better we have
MisterP
Oct 2014
#8
Think you made a comment on another recent post about the hungry tiger that has
appalachiablue
Oct 2014
#20
I don't understand why the Democratic Party embraces neo-liberalism at the national level
whereisjustice
Oct 2014
#12
His administration also initiated the most extensive covert operation in US history,
ronnie624
Oct 2014
#88
It wasn't Carter... Neo-Liberalism was initially promulgated under JFK.. pushed in South America n/t
2banon
Oct 2014
#95
There have been reactions in other countries. In South America many of the disaster capital
jwirr
Oct 2014
#25
Thanks for pointing out SA and ME reactions against against govt. policies and actions
appalachiablue
Oct 2014
#29
I think that the SA and the Greece ones were against NL in the sense that they were against
jwirr
Oct 2014
#51
He is called one of the top thinkers in our age. He outlines the problem clearly. Does he take a
jwirr
Oct 2014
#24
And unfortunately we are going to continue to pay. Hopefully we will do better in November and
jwirr
Oct 2014
#76
Great article with excellent insights. Everyone needs to read and reread this article.
greatlaurel
Oct 2014
#28
Every shill for it. Every talking point dispenser for the Third Way,
woo me with science
Oct 2014
#44