Neoliberalism Is Dead—But the Neoliberal Elite Didn’t Get the Memo

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Across the world, people are realizing that neoliberalism has failed them economically, politically, and environmentally

Common Dreams - June 3, 2019

"According to The Hill***’s media reporter, Joe Concha, Biden is getting more media coverage than all the other Democratic candidates combined, and the month after he announced, in one week alone, Biden was mentioned 1400 times, to 400 for Sanders, who is running second in the polls.  This kind of backing by the party and the press is reminiscent of how they treated Hillary Clinton in 2016, and the results will probably be the same."***

The evidence keeps piling up. Neoliberalism is dead.

Just look at the record. Trump—a cross between a carney barker and a conman—beat a neoliberal in 2016. Right-wing populists have scored big in Austria, Italy, Britain, and Brazil since then.  Just recently, Australia’s right-of-center Labor coalition won their election. And in the European Union’s latest contest, Greens won big while right-wing parties made gains in some areas.  All these victories came at the expense of neoliberal centrists.

Bottom line: Across the world, people are finally wising up to the fact that neoliberalism has failed them economically, politically, and environmentally. In fact, the climate crisis—an existential threat to human civilization—is a direct result of the global neoliberal juggernaut that has swept the developed world.  So are the record levels of income and wealth disparity, and the subversion of democracy by a powerful oligarchy—particularly in the US.

The only folks who didn’t get the memo on this appears to be the neoliberal mafia that runs the Democratic Party and the mainstream media here in the US.

At a time when neoliberalism is all but dead, Democrats and the mainstream media are pushing Joe Biden, a neoliberal with a track record of supporting corporations and financial interests above the people’s interests; a man who’s backed by PACs; a man whose small-bore response to the climate crisis amounts to mass genocide for people and the species we share the planet with.

According to The Hill’s media reporter, Joe Concha, Biden is getting more media coverage than all the other Democratic candidates combined, and the month after he announced, in one week alone, Biden was mentioned 1400 times, to 400 for Sanders, who is running second in the polls.  This kind of backing by the party and the press is reminiscent of how they treated Hillary Clinton in 2016, and the results will probably be the same.  It’s hard for a true progressive candidate to compete when the majority of the liberal infrastructure—academia, think tanks, not-for-profits, the press, Wall Street, banks and wealthy backers—line up behind a candidate. ...
Read full article at Common Dreams

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