Trumping It Up: Neoliberalism on Steroids
Trump's ascendency should not be seen as marking neoliberalism's demise, but rather as ushering in its newest stage.
During his presidential campaign, Donald Trump (in)famously declared that he would build a wall between Mexico and the United States (and make Mexico pay for it) to keep the criminals and "rapists" out.
Promising to protect the American worker, he also insisted that he was going to void the Trans-Pacific Partnership, a 12-country free trade agreement that aims to make it easier for big corporations to ship jobs overseas.
His campaign clearly played on the fears of many American citizens, as many pundits have already pointed out, marshalling hyper-nationalist, xenophobic, racist, and misogynist sentiments to pander to a certain segment of potential voters.
Neoliberalism doesn't go anywhere
Analysing Trump's shocking victory, professor Cornel West maintains that it represents the "desperate and xenophobic cry of human hearts for a way out from under the devastation of a disintegrating neoliberal order". "It was the lethal fusion of economic insecurity and cultural scapegoating," West explains, that has brought neoliberalism to its knees.
But is neoliberalism really on its knees?
The owner of a vast business empire, President-elect Trump is, more than anything else, a businessman. Not having one iota of political experience, he ran on an anti-politics ticket in which his business acumen was touted as a serious qualification for the presidency. Indeed, he promised to run the government like a business enterprise.
Trump's cabinet picks suggest that, perhaps for once, he was not misleading the public. Talking neoliberal-speak, their rhetoric is uncannily familiar: privatisation, deregulation, capital enhancement, and entrepreneurialism.
The soon-to-be-Secretary of Education, Republican billionaire Betsy DeVos, for example, has been instrumental in deregulating Michigan's charter schools. Not unlike the privatisation of prisons, in Michigan, around 80 percent of these schools are currently run by private companies.
Similarly, Tom Price, Trump's pick for secretary of health and human services, wants to privatise healthcare reform, allowing "flexibility" while instituting dramatic changes to the tax code.
West is consequently wrong on this particular front. What we are likely to witness is not the end of, but rather a trumped-up version of, neoliberalism.
If, in the Barack Obama years, we saw neoliberalism intersect with a variety of progressive projects, such as marriage equality, in the coming years Americans will likely be subjected to a convergence between ethnonationalism and neoliberalism.
Nothing new
Actually, this convergence is nothing new. One has only to look at Israel, where since the mid-1980s neoliberalism has been thriving in conjunction with ethnonationalism and a colonial settler project.
West's claim that hyper-nationalism, or even neo-fascism, will ultimately usher out our neoliberalism era, therefore, doesn't ring true to people coming from my neck of the woods.
Over the years, we have witnessed how the Israeli government has effectively mobilised hyper-nationalism to further entrench neoliberalism, by harnessing hate towards Palestinians with the hope of deflecting and covering up the devastating repercussions that neoliberal economic policies have had on large segments of its Jewish citizenry.
Israel is also living proof that a country can create walls for certain "undesirables" while allowing capital to flow unhindered.
It would be a mistake, however, to understand neoliberalism as merely a set of economic policies. Rather, it is a regime of truth and value that construes all aspects of our world as business enterprises; even human beings are increasingly transformed into a kind of "human capital".
In other words, under neoliberalism, we increasingly relate to ourselves as a resource in which we must invest in order to increase our value over time. In such a regime, only capital-enhancing subjects are worthy and only human capital that enhances the credit of the nation, now construed as a business enterprise, will thrive. This is precisely Trump's dream for America.
Winners and losers
In a recent opinion article, Mike LeVine writes that "many working and middle-class whites [realise that the neoliberal era] is never going to produce the kinds of jobs and lives for which they have long felt entitled."
Consequently, when Trump "gave them a choice between an ersatz multiracial democracy in which they are increasingly disadvantaged" or a vote for white privilege and supremacy, they voted for the latter. Well, they probably did not vote for neoliberalism, but neoliberalism is precisely what they are going to get.
Under neoliberalism as a regime of truth, inequality is legitimate because there are, simply and shamelessly, winners and losers.
Trump promised his voters that they would be the winners, mobilising white supremacy - alongside other hateful rhetoric, so that they would vote for him.
What he neglected to state is that neoliberalism flourishes in societies where the playing field is already stacked against various segments of society, and that it needs only a relatively small select group of capital-enhancing subjects, while everyone else is ultimately dispensable.
Trump's ascendancy should not be seen as marking neoliberalism's demise, but rather as ushering in its newest stage.
Indeed, what we are witnessing is the transmutation of a Clinton-Obama neoliberal order with its liberal rights-promoting veneer into a neoliberalism shorn of any trace of shame or guilt. This is truly neoliberalism on steroids.
Urgent. It's never been this bad.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission from the outset was simple. To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It’s never been this bad out there. And it’s never been this hard to keep us going. At the very moment Common Dreams is most needed and doing some of its best and most important work, the threats we face are intensifying. Right now, with just three days to go in our Spring Campaign, we're falling short of our make-or-break goal. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Can you make a gift right now to make sure Common Dreams not only survives but thrives? There is no backup plan or rainy day fund. There is only you. —Craig Brown, Co-founder |
During his presidential campaign, Donald Trump (in)famously declared that he would build a wall between Mexico and the United States (and make Mexico pay for it) to keep the criminals and "rapists" out.
Promising to protect the American worker, he also insisted that he was going to void the Trans-Pacific Partnership, a 12-country free trade agreement that aims to make it easier for big corporations to ship jobs overseas.
His campaign clearly played on the fears of many American citizens, as many pundits have already pointed out, marshalling hyper-nationalist, xenophobic, racist, and misogynist sentiments to pander to a certain segment of potential voters.
Neoliberalism doesn't go anywhere
Analysing Trump's shocking victory, professor Cornel West maintains that it represents the "desperate and xenophobic cry of human hearts for a way out from under the devastation of a disintegrating neoliberal order". "It was the lethal fusion of economic insecurity and cultural scapegoating," West explains, that has brought neoliberalism to its knees.
But is neoliberalism really on its knees?
The owner of a vast business empire, President-elect Trump is, more than anything else, a businessman. Not having one iota of political experience, he ran on an anti-politics ticket in which his business acumen was touted as a serious qualification for the presidency. Indeed, he promised to run the government like a business enterprise.
Trump's cabinet picks suggest that, perhaps for once, he was not misleading the public. Talking neoliberal-speak, their rhetoric is uncannily familiar: privatisation, deregulation, capital enhancement, and entrepreneurialism.
The soon-to-be-Secretary of Education, Republican billionaire Betsy DeVos, for example, has been instrumental in deregulating Michigan's charter schools. Not unlike the privatisation of prisons, in Michigan, around 80 percent of these schools are currently run by private companies.
Similarly, Tom Price, Trump's pick for secretary of health and human services, wants to privatise healthcare reform, allowing "flexibility" while instituting dramatic changes to the tax code.
West is consequently wrong on this particular front. What we are likely to witness is not the end of, but rather a trumped-up version of, neoliberalism.
If, in the Barack Obama years, we saw neoliberalism intersect with a variety of progressive projects, such as marriage equality, in the coming years Americans will likely be subjected to a convergence between ethnonationalism and neoliberalism.
Nothing new
Actually, this convergence is nothing new. One has only to look at Israel, where since the mid-1980s neoliberalism has been thriving in conjunction with ethnonationalism and a colonial settler project.
West's claim that hyper-nationalism, or even neo-fascism, will ultimately usher out our neoliberalism era, therefore, doesn't ring true to people coming from my neck of the woods.
Over the years, we have witnessed how the Israeli government has effectively mobilised hyper-nationalism to further entrench neoliberalism, by harnessing hate towards Palestinians with the hope of deflecting and covering up the devastating repercussions that neoliberal economic policies have had on large segments of its Jewish citizenry.
Israel is also living proof that a country can create walls for certain "undesirables" while allowing capital to flow unhindered.
It would be a mistake, however, to understand neoliberalism as merely a set of economic policies. Rather, it is a regime of truth and value that construes all aspects of our world as business enterprises; even human beings are increasingly transformed into a kind of "human capital".
In other words, under neoliberalism, we increasingly relate to ourselves as a resource in which we must invest in order to increase our value over time. In such a regime, only capital-enhancing subjects are worthy and only human capital that enhances the credit of the nation, now construed as a business enterprise, will thrive. This is precisely Trump's dream for America.
Winners and losers
In a recent opinion article, Mike LeVine writes that "many working and middle-class whites [realise that the neoliberal era] is never going to produce the kinds of jobs and lives for which they have long felt entitled."
Consequently, when Trump "gave them a choice between an ersatz multiracial democracy in which they are increasingly disadvantaged" or a vote for white privilege and supremacy, they voted for the latter. Well, they probably did not vote for neoliberalism, but neoliberalism is precisely what they are going to get.
Under neoliberalism as a regime of truth, inequality is legitimate because there are, simply and shamelessly, winners and losers.
Trump promised his voters that they would be the winners, mobilising white supremacy - alongside other hateful rhetoric, so that they would vote for him.
What he neglected to state is that neoliberalism flourishes in societies where the playing field is already stacked against various segments of society, and that it needs only a relatively small select group of capital-enhancing subjects, while everyone else is ultimately dispensable.
Trump's ascendancy should not be seen as marking neoliberalism's demise, but rather as ushering in its newest stage.
Indeed, what we are witnessing is the transmutation of a Clinton-Obama neoliberal order with its liberal rights-promoting veneer into a neoliberalism shorn of any trace of shame or guilt. This is truly neoliberalism on steroids.
During his presidential campaign, Donald Trump (in)famously declared that he would build a wall between Mexico and the United States (and make Mexico pay for it) to keep the criminals and "rapists" out.
Promising to protect the American worker, he also insisted that he was going to void the Trans-Pacific Partnership, a 12-country free trade agreement that aims to make it easier for big corporations to ship jobs overseas.
His campaign clearly played on the fears of many American citizens, as many pundits have already pointed out, marshalling hyper-nationalist, xenophobic, racist, and misogynist sentiments to pander to a certain segment of potential voters.
Neoliberalism doesn't go anywhere
Analysing Trump's shocking victory, professor Cornel West maintains that it represents the "desperate and xenophobic cry of human hearts for a way out from under the devastation of a disintegrating neoliberal order". "It was the lethal fusion of economic insecurity and cultural scapegoating," West explains, that has brought neoliberalism to its knees.
But is neoliberalism really on its knees?
The owner of a vast business empire, President-elect Trump is, more than anything else, a businessman. Not having one iota of political experience, he ran on an anti-politics ticket in which his business acumen was touted as a serious qualification for the presidency. Indeed, he promised to run the government like a business enterprise.
Trump's cabinet picks suggest that, perhaps for once, he was not misleading the public. Talking neoliberal-speak, their rhetoric is uncannily familiar: privatisation, deregulation, capital enhancement, and entrepreneurialism.
The soon-to-be-Secretary of Education, Republican billionaire Betsy DeVos, for example, has been instrumental in deregulating Michigan's charter schools. Not unlike the privatisation of prisons, in Michigan, around 80 percent of these schools are currently run by private companies.
Similarly, Tom Price, Trump's pick for secretary of health and human services, wants to privatise healthcare reform, allowing "flexibility" while instituting dramatic changes to the tax code.
West is consequently wrong on this particular front. What we are likely to witness is not the end of, but rather a trumped-up version of, neoliberalism.
If, in the Barack Obama years, we saw neoliberalism intersect with a variety of progressive projects, such as marriage equality, in the coming years Americans will likely be subjected to a convergence between ethnonationalism and neoliberalism.
Nothing new
Actually, this convergence is nothing new. One has only to look at Israel, where since the mid-1980s neoliberalism has been thriving in conjunction with ethnonationalism and a colonial settler project.
West's claim that hyper-nationalism, or even neo-fascism, will ultimately usher out our neoliberalism era, therefore, doesn't ring true to people coming from my neck of the woods.
Over the years, we have witnessed how the Israeli government has effectively mobilised hyper-nationalism to further entrench neoliberalism, by harnessing hate towards Palestinians with the hope of deflecting and covering up the devastating repercussions that neoliberal economic policies have had on large segments of its Jewish citizenry.
Israel is also living proof that a country can create walls for certain "undesirables" while allowing capital to flow unhindered.
It would be a mistake, however, to understand neoliberalism as merely a set of economic policies. Rather, it is a regime of truth and value that construes all aspects of our world as business enterprises; even human beings are increasingly transformed into a kind of "human capital".
In other words, under neoliberalism, we increasingly relate to ourselves as a resource in which we must invest in order to increase our value over time. In such a regime, only capital-enhancing subjects are worthy and only human capital that enhances the credit of the nation, now construed as a business enterprise, will thrive. This is precisely Trump's dream for America.
Winners and losers
In a recent opinion article, Mike LeVine writes that "many working and middle-class whites [realise that the neoliberal era] is never going to produce the kinds of jobs and lives for which they have long felt entitled."
Consequently, when Trump "gave them a choice between an ersatz multiracial democracy in which they are increasingly disadvantaged" or a vote for white privilege and supremacy, they voted for the latter. Well, they probably did not vote for neoliberalism, but neoliberalism is precisely what they are going to get.
Under neoliberalism as a regime of truth, inequality is legitimate because there are, simply and shamelessly, winners and losers.
Trump promised his voters that they would be the winners, mobilising white supremacy - alongside other hateful rhetoric, so that they would vote for him.
What he neglected to state is that neoliberalism flourishes in societies where the playing field is already stacked against various segments of society, and that it needs only a relatively small select group of capital-enhancing subjects, while everyone else is ultimately dispensable.
Trump's ascendancy should not be seen as marking neoliberalism's demise, but rather as ushering in its newest stage.
Indeed, what we are witnessing is the transmutation of a Clinton-Obama neoliberal order with its liberal rights-promoting veneer into a neoliberalism shorn of any trace of shame or guilt. This is truly neoliberalism on steroids.

