Thursday, April 19, 2018

The Uses and Abuses of “Neoliberalism”

Neoliberalism is the linguistic omnivore of our times, a neologism that threatens to swallow up all the other words around it. Twenty years ago, the term “neoliberalism” barely registered in English-language debates. Now it is virtually inescapable, applied to everything from architecture, film, and feminism to the politics of both Donald Trump and Hillary Clinton. Search the ProQuest database for uses of “neoliberalism” between 1989 and 1999, and you turn up fewer than 2,000 hits. From the crash of 2008–9 to the present, that figure already exceeds 33,000.

On the left, the term “neoliberalism” is used to describe the resurgence of laissez-faire ideas in what is still called, in most quarters, “conservative” economic thought; to wage battle against the anti-tax, anti-government, and anti-labor union agenda that has swept from the Reagan and Thatcher projects into the Tea Party revolt and the Freedom Caucus; to describe the global market economy whose imperatives now dominate the world; to castigate the policies of Bill and Hillary Clinton’s centrist Democratic Party; and to name the very culture and sensibilities that saturate our minds and actions.

Vital material issues are at stake in all these debates. But the politics of words are in play as well. Naming matters. It focuses agendas and attention. It identifies causation and strategies of action. It collects (or rebuffs) allies. Is the overnight ubiquity of the term “neoliberalism” the sign of a new acuteness about the way the world operates? Or is it a caution that a word, accelerating through too many meanings, employed in too many debates, gluing too many phenomena together, and cannibalizing too many other words around it, may make it harder to see both the forces at loose in our times and where viable resistance can be found? (...)

Prying “neoliberalism” apart

For some of those startled by this sudden turn in political language, the success of “neoliberalism” is a measure of its substantive hollowness. After careful study, two political scientists labeled it a “conceptual trash-heap” in 2009: a word into which almost any phenomenon can be tossed and any number of meanings piled up for composting. Others have called it a vacant, empty epithet.

But the problem with neoliberalism is neither that it has no meaning nor that it has an infinite number of them. It is that the term has been applied to four distinctly different phenomena. “Neoliberalism” stands, first, for the late capitalist economy of our times; second, for a strand of ideas; third, for a globally circulating bundle of policy measures; and fourth, for the hegemonic force of the culture that surrounds and entraps us. These four neoliberalisms are intricately related, of course. But the very act of bundling them together, tucking their differences, loose ends, and a clear sense of their actually existing relations under the fabric of a single word, may, perversely, obscure what we need to see most clearly. What would each of these phenomena look like without the screen of common identity that the word “neoliberalism” imparts to them?

by Daniel Rodgers, Dissent |  Read more:
Image: R. Barraez D’Lucca
[ed. See also: How Neoliberalism Worms Its Way Into Your Brain.]