
Saved by Van Newman and
Capitalist Realism: Is there no alternative?
Saved by Van Newman and
In these conditions of ontological precarity, forgetting becomes an adaptive strategy.
What late capitalism repeats from Stalinism is just this valuing of symbols of achievement over actual achievement.
It has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom — Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation.
The power of capitalist realism derives in part from the way that capitalism subsumes and consumes all of previous history: one effect of its ‘system of equivalence’ which can assign all cultural objects, whether they are religious iconography, pornography, or Das Kapital, a monetary value.
The effect of permanent structural instability, the ‘cancellation of the long term’, is invariably stagnation and conservatism, not innovation. This is not a paradox.
Harvey argues that neoliberalization is best conceived of as a ‘political project to re-establish the conditions for capital accumulation and to restore the power of economic elites’.
The Selfish Capitalist toxins that are most poisonous to well-being are the systematic encouragement of the ideas that material affluence is they key to fulfillment, that only the affluent are winners and that access to the top is open to anyone willing to work hard enough, regardless of their familial, ethnic or social background – if you do not s
... See moreOver the past thirty years, capitalist realism has successfully installed a ‘business ontology’ in which it is simply obvious that everything in society, including healthcare and education, should be run as a business.
The new defines itself in response to what is already established; at the same time, the established has to reconfigure itself in response to the new.