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/326/ What Did Capitalism Do Next? (Patreon)

Published:
2023-03-07 14:40:52
Imported:
2026-06
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Content

On what comes after neo-liberalism.

[Patreon Exclusive]

After 40 years of neo-liberalism, governments are inching their way to some new settlement, under the pressure of repeated crises, as well as populist upsurges. In this episode we try to take a political, not academic, approach to the question. This is not about categorising and labelling, but about understanding what the stakes are in saying a new arrangement is emerging, and grasping how it informs political practice. 

What are the main "post-neoliberal" arrangements being pushed by different sides of the spectrum? What do they say about the interests of their constituencies? If successful, what sort of political playing field will they present the masses? Will it be a world of greater or fewer opportunities for emancipatory politics?

Readings:

TCS Special Issue: ‘Post-Neoliberalism?’, Various, Theory Culture & Society

End of the Neoliberal Era?, David Kotz, NLR

The new rules for business in a post-neoliberal world, Rana Forfoohar, FT

What's beyond "beyond neoliberalism"?, Amy Kapczynski, LPE Project

Reading the post-neoliberal right, Amy Kapczynski, LPE Project

Files

Comments

Gabo Goff

I don’t disagree with much of this does seem you don’t really know what is in the IRA.

Davka Smolah Collective

The "productivist" center-left "supply side progressivism" stuff isn't real or fake. It's a terrain of struggle and competition between class strata. How much actually gets built or produced depends on the outcomes of that struggle.

Davka Smolah Collective

If you actually want to talk about proto-theocratic reactionary welfare statism with popular support, I have two words: Shas Party. Complete with a right-wing PMC transferriat of identity grifters. (Has Italy reached these levels of Bunga yet? Take that, Country of the Future!)

Andrew Mountford

I'm with George, neoliberalism isn't dead and we haven't moved beyond the end of history although I hold out hope that the end of the end of history is the beginning of the end of history, though even that doest seem likely at the moment.

Richard R

The Latin majority that is building in the US is at most passively Catholic. The vast majority of religiosity from this population is Evangelical and often explicitly anti-Catholic. And the few committed Catholics are mainly PMC Latinos who immigrated generations ago, or else have been around the US since the Treaty of Guadalupe. My experience with the recent wave of White conservatives converting to Catholicism is that they basically just aren't Catholics, ignore the Pope, relate to the Bible in the individualistic way that Protestants do, and are mainly looking for a way out of relativistic political theory that can give them a point at which they don't have to think critically any more. They are weird, disorganized, unlikeable, and are overwhelmingly the overdressed, white male segment of the PMC that is still purposely confused by pronouns in spite of being forced to attend workshops about them for half a decade.

Elias B

Re the Catholic right, it doesn't seem to me they'll actually have much influence (and nor will the other industrial policy-adjacent or "pro-worker" types à la Hawley or Rubio). Since the financial crisis the Republican party hasn't been able to organise itself to do anything except tax cuts and dismantling the state (and even then they couldn't even abolish Obamacare). I don't see any reason that should change, and it doesn't seem that the Compact /AA type conservatives are actually gaining any real influence outside of Twitter. So imo it'll be the Bidenists which will have the determining influence on the post-neoliberal paradigm. The EU will get there 10 years later when the Germans finally understand the end of history is over.

jkjkjkj

I think Alex is wrong on one point: the post neoliberal conservative movements best representative is Josh Harley. Think what you want of him, he has shown a much greater willingness to buck the GOPs recent historical economic consensus than the others mentioned. Some of his proposals are actually quite bold and far reaching in scope of political economy

Andrea

I don't know about the US case, but equating Catholic belief and pro-life positions seems a little stereotypical. The examples of Italy and Ireland demonstrate that a vast majority of formally Catholic population does not necessarily equate with anti-abortion positions. Ireland is an awfully recent case but Italy legalized abortions in the 70s with an historic popular referendum, when the country was much more Catholic than today. One can discuss about the fact that that right has been seriously hampered by a well attested Catholic Church strategy of making the government allow doctors to refuse to perform the procedure with the reason of a religious belief, and the church pushing Catholic gynecologists to fill those positions so that in certain not well served places it is practically impossible to have an abortion. But polls still find most Italians of both genders overwhelmingly in favour of free abortions (two thirds of the population in favor of the current law, plus another 20+% who wants to extend the right further), making outright and explicit opposition to it political suicide.

Lee Jones

This was an unusually frustrating episode (enough to provoke an unusual comment from me). Contrary to George and Phil's scepticism the question of whether we are transcending neoliberalism seems essential, especially for this podcast. But the answer will depend entirely on what is meant by "neoliberalism". Define your terms, then you can have a coherent discussion. See also my comment on #327 which extends this point. For the record I am more with George: what we're seeing at the moment is movement within a moribund neoliberalism rather than a genuinely new historical phase of capitalism.