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Week 4 Lecture
Imperialism (video)
-
Contraction of identity
in a very young age like singing the national anthem in primary
school
-
Before supporting events sing the national anthem but not before movie so like
entertainment some places involves patriotism and not in others
-
Key distinction between colonialism, imperialism and settler colonialism: the idea
of what resources are being extracted
Imperialism
-
‘methods employed by one nation-state to gain power over an area(s) and then exercise
control over it’
-
Origins in
Roman Empire
-
Geographical element, Early globalization?
-
Tries to go to distance placed in order to conquer them not necessarily for
direct benefit but often for prestige and nationalism
-
Late 1800’s
-
For occupation of territory by Germany, Italy, Belgium, Great Britain, France, U.S
-
Boer war
(1899-1902)
– Concentration Camps, Canadian Involvement (Guerilla
War) these empires collapsed after
world war 2
in part because part of the
american rebuilding agreement and the marshall plan was that there was no
longer going to be direct imperial trade relationships that if we were going to have
an open system everybody got to trade with everybody you couldn't just trade
either from or colonize or imperial power
-
Collapsed after World War II
-
American access to British former colonies
-
End of Soviet Union – last direct Imperial power
Elements of Imperialism
-
Cultural imperialism
-
‘cultures imposing themselves, more or less consciously, on other cultures’
-
Media imperialism
-
‘Western (especially U.S)
media and their technologies
dominating
less-
developed nations, cultures
-
Reason for the CBC
-
British tradition
but also this idea that if we only get content from the
U.S we can not going to heat any canadian stories or ideas so we have
this weird kind of infant industry protection around CBC and canadian
content because of the idea of supporting canadian artists, by necessity
both drake and justin bieber get more airplay in canada because if the
canadian content rules that require so much content specifically during
peak hours
-
Idea that the concentration of platforms or
power grants
the ability to think or not
think about ideas so the gobbling up of local ,edoa means you hear less and less
about local stories in your community and more you have to rely on national
media in order to do things
Sites of
Imperialism
-
Great Britain
-
Commonwealth still exists, HBC
-
U.S justification for gun ownership
-
Indians in
1947
-
Soviet Union
-
Ukraine, Poland, East Germany
-
Functions as a site of imperialism
-
U.S
-
Less political control? Less direct control
-
Do you consider the
U.S a source of imperialism?
-
They created all of these things like united nations
Theories of imperialism
-
Lenin
-
Capitalism drives interest in investment into new geographic areas (seeking new
markets to sell goods they cannot sell at home)
-
Five dimensions of imperialism
1.
Strong monopolistic concentration of power and wealth
2.
Financial control of investment and industry
3.
Export of capital rather than the exports of goods
4.
Formation of international capitalist monopolies which share the world
amongst themselves
5.
Territorial division of the whole world among the greatest capitalist powers
Economy as oversimplification
-
Competition and technology are also integral imperialism and that global colour
line and racial superiority
often justifies
interventions
that don't make sense or not
well founded
-
We have
legacies
that result from
south asian cricket all the sports rugby
as a kind
of
global sport
both have these
linkages
to these kind of
traditional relationships
of
british and french imperialism
-
Flow of profits was not as great as assumed
-
Competition and technology were integral to imperialism
-
Racial superiority justified otherwise unprofitable strategies
-
the ‘civilizing’ process resulted in hybridity
-
British versus French imperialism
-
Legacies of cuisine, language, sport
Crazy rich asians as a hybrid model?
-
On the midterm
this would be an example of
hybridity and hybridity
is just the
relationship between the colonizer and the colonized where both are changed
-
so the number one selling late night pub in uk is tiki masala
-
Singapore is an entropic economy as a trade based economy
as a very rich small
island nation that has that has key strategic point for west and east in terms of trade and
then in terms of the
cultural politics of singapore
is very
complex
How do we understand contemporary imperialism?
-
Hardt and Negri ‘Empire’
-
NYT best seller in
2000
-
Italian Marxist
(Red Brigade?)
-
Best seller book called
empire
which is basically a marxist idea that
instead of
imperialism
where its nation-state based we have to think of
america as a new empire that's- just kind of everywhere and nowhere at
the same time
-
Complex network of global political and economic processes are exercising a
new form of control
-
Direct unmediated relationship between
Empire and citizens
(NSA/Snowden)
-
Constant surveillance and control
-
Should people expect privacy in an age of terrorism?
-
Americans
say that they built this infrastructure so why wouldn't we
exploit
it, so
the
NSA snowden leaks
revealed that there building the back bone to the
internet and there also going to exploit that for our strategic purposes
-
It's not state to state anymore the american want to
spy on everyone now
-
New version of imperialism
-
Harvey
has this new imperialism so it is both a
political project to control a
region
but it also
involves economic mechanisms
about investment and profit
so this is just a boom or bust cycle as imperialism and that political imperialism
can undermine one regin for the benefit of another doesn't need to happen just
between stars it can happen within states
David Harvy (video)
-
Amazon with relocating headquarters so amazon has the power to pit cities against each
other and say what can you offer us for these headquarters we are going to come here
what are you gonna do for us
-
The idea that we will go to where we want and we have the ability to pit different regions
against each other
-
Also seen in major league sports where the
billionaires demand
that the public build
them a stadium or they won't come there
-
Ecological position of the idea of unlimited growth
, interest rate or a set interest rate
is the idea that if you have money it has to grow and if it's not growing you're losing
money which creates an incentive structure to constantly grow we just don't know if that
ecologically sound in terms of energy the environment all of those other consequences
-
The idea of growth pits these capitalists
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-
It's a bet for future growth
-
New imperialism:
these capitalists growth is similar today but very different as well
because its focused through these companies and these regions within countries
Colonialism
-
‘creation by the colonial power of an administration in the area that has been colonized
to run its internal affairs’
-
Linked to Imperialism but not the same
-
Includes
Military intervention
(establish domain over the territory largely to develop
some use of the laboring bodies there) + settling territory
-
Ancient history – 2 dominant periods
-
1400’s
in Africa, Asia and Americas by Europe
-
1820
–> WWI
Decolonization
-
Cultural colonialism
-
‘extension of colonial power through cultural activities and institutions
(particularly education and media) or the asymmetric influence of one culture on
another ‘
-
Many colonies existed until after WWII
-
‘revealing and dismantling colonialist power in all its forms’
-
‘decolonization’ period
-
New states and governments
Decolonization (video)
-
self -determination
and the new form of this direct control this is where
humanitarianism and human rights come in both as aspirational goal but a very abstract
one that then justifies ongoing interventions in the place where used to have imperial
domination
-
Colonialism is the absolute enemy
of open economies and of free trade colonialism
-
Colonialism
is about anything, about managing economies restricting access
Post-colonialism
-
Post-colonialism:
developments that take place in a former colony after the colonizing
power departs
-
After-Colonialism
-
Not ‘end’ of colonialism, it’s the consequences
-
Attitudes persist
-
Hybridization
– complex identities and problems
-
Sri Lanka and Tamil minority
-
Structural linkages
-
Economic trade, loss of institutional support and power linkages
-
Economies created for colonial export
-
Development and globalization dictated by these links (passports, priority
countries, commonwealth membership)
Commonwealth (video)
-
Spend a whole legislative session
fighting over both what the anthem should
be and then what our flag should look like
-
Anti-colonial nationalism
tends to reinforce this kind of patriotic identity
-
We should have persisted with our british identity developing a unique canadian
identity
Settler colonialism
-
Settler Colonialism:
‘Foreign power oversees the family settlement of immigrants often
through depopulation’
-
Implication:
The Anglosphere shares a common history (Canada , U.S similar,
Israel?)
-
Implication:
The family is an integral part of the imaginary of the nation state
(heteronationalism/ dark side of democracy/ banality of colonialism)
-
Implication:
The dispossession of lands through settlement has never stopped
and is probably increasing
-
Given the
low density
(for transit, services, infrastructure) of urban sprawl, combined
with little concern for farmland, food and nature, is the GTA a form of colonialism?
Settler colonialism
-
‘Logic of elimination’
-
Exploitation
of labouring bodies less relevant than colonialism (also blunts
Marxist
takes) marxism doesn't have a whole lot to contribute
-
No post – ‘What? Postcolonialism? Have they left?’ – Bobby Sikes
-
Replacement
(watch what the right claims of others, it is their tell)
-
Need to appropriate indigeneity (mascots(as a way to justify rallying), Elizabeth
Warren) the land becomes more important to the settlers because it's their only
fondation of their claim and how they can justify what they know
Settler colonialism
-
Criticizing states:
Criticism of settler colonialism needs to address the process not just
the state
-
Annexation
through depopulation is common in the
Anglosphere
(use of the
reserves system)
-
Practices of settler colonialism should be criticized alongside Canada's
discrimination of aboriginal groups
-
Settler colonialism
disproportionately benefits/counts/includes some bodies
over others
-
One of the
fastest growing population in canada is non-status
indigenous groups
which is to say they've lost their status identity there
in major urban centers and they’re growing quickly but they don’t have
there status so its depopulation by default
-
Marginalization
and exclusion reproduces colonial violence
-
Is Canada a colonial power?
-
This is how we think of development
Development
-
A ‘project’ concerned with the economic development of nation-states not regarded as
sufficiently developed”
-
As a historical stage 1940’s-1970’s
-
In practice this remains a goal whenever we say developer technology
-
No clear strategy or plan – many different ones
-
Latin America –
Import Substitution/ Dependency and Washington
Consensus
-
Cuba- l
ocked out because of an ongoing every year renewed embargo
by the u.s on cuba because its so close and canada has always fought
against that
-
East Asian-
export lead development model where 4 or 5 small
economies just started exporting on mass and then they developed
specific technology in sectors
-
Import-substitution:
“encouraging” countries usually in the south to develop
their own industries, instead of production for export and relying on imports
Latin American development (video)
-
Ayande
is referenced a lot in the text this week just because this idea that the americans
intervened against allende or in support of his overthrow and the the subsequent
government
-
Raw materials and elons
talked about well overthrow whoever we want in bolivia to
keep access to our lithium
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The dependency theory
said that if you want to get high economic growth in your
country what you need to do is put up barriers that restrict the flow of imports into the
country develop and build your own domestic industries and if you don't do that your
going to be victimized by world trade
-
We know that RNT hasn't been offshored that that still remains in the west, rnt that takes
abroad is still highly concentrated through the process through the big firms that run it
-
Take the idea of neoliberalism and implement it so things like the freeing of business
Failure of development
-
North has to supply foundation for development (aid and loans)
-
transfer of funds from the south to the north
-
compete in the same sectors, so no ability to export = can’t make back money to
pay back debt
-
Consequence
-
Get idea that exporting is good and that we should supply supply raw materials to
the north with very low margins and this becomes a global policy that results in
basic commodities dropping in price
-
economies discouraged from developing own industries
-
focus on supplying raw materials to the north (very low margins)
also
everyone
encouraged to do the same (huge drops in commodity prices)
-
Do the wealthy have obligations to the societies that created them?
-
Foreign direct investment (FDI):
investment by a firm in one nation-state in a
firm in another nation-state with intentions of controlling it
Which leads to dependency
-
As a global system explained as Core-Periphery
-
Tech stays in the core countries
-
Labour in periphery countries
now known as North and South or developed
and developing
-
Andre Gunder Frank (UofT)
-
What we are actually seeing is underdevelopment, despite adapting all of these
strategies and models of growth we end up worse off than we have been if we
haven't done it at all so it's hard to frame it as a development if your put pack
from where you were
-
Set back by practices of the North
-
Pollution, Doha trading round
-
World systems theory
-
We are all interconnected and you can't make a change in one place without it
having consequences elsewhere which results in it being difficult to change the
patterns that were set up in the colonial period for trade routes
-
Think about politics in terms of the world and North South Relations
-
Structures of the world are set up to bias the North
-
Dependency theory:
the idea that the development of the nation-states of the south
contributed to a decline in their independence and to an increase in their dependence on
the north
-
World system theory:
the idea that the world is divided mainly between the core and
the periphery, with the latter dependent on, and exploited by, the former
Also known as westernization
-
Not exactly the same as Americanization
-
Western
ways are considered the best ways even though every time we try transplant
them somewhere else they don't function the same way what we need is a hybrid model
-
Broad tendency towards adopting Western ways
-
Substantial
differences
between the U.S, UK, Germany, France, Canada
-
Overall general
principles
which can be seen in
common
-
Western liberal democracy
-
Western civil society
-
Western relationships between religion and state
-
Relative autonomy of economic matters from political and social ones
-
Dominance of global English (URL’s)
West and East (video)
-
Not only
hybridity
here but an effort to
rethink
what it means to be
modern or western
and
developed through the specific religious and cultural context
of
malaysia
when
we think about the context of what it means by growth
-
Leaders
speak for everyone but clearly overstate what things are because every context
is going to be different on how its going to be interpreted
-
Ritzer
got famous because he came up with the concept of mcdonaldization he also has
starbuckization
, its this idea that just because an aspect of what is normatively called
development in the west is incorporated doesn't meant those societies are fundamentally
changed as a
consequence
Easternization
-
There was an argument that easternization is a way to do westernization differently, to
do it in their own model
-
The benefit and success of asia's development is something that the west should copy
-
Easternization
-
Flows emerging from Asia towards the West
-
‘Asian values’
-
Japanization of North American culture
-
Japan has be culturally developing ahead of the west so we start to pick
up in its wake
-
Were not contributing to easternization
-
Crony capitalism?
-
Hipsters
-
Cultural malaise
-
Just-in-time manufacturing
-
Dominance of Toyota, Honda, Hyundai
-
Pervasive consumption of eastern goods (Chinese)
-
Can China be a hegemonic force for good in the world?
Is globalization imperialism?
-
State tends to be less important
-
Flows tend to be multidirectional
-
Globalization doesn’t normally involve direct military force
-
Globalization doesn’t normally utilize explicit claims of superiority
-
There are elements of imperialism, new imperialism, westernization, Easternization in
globalization
Americanization
-
‘imports by non-Americans of that which is closely associated with America/Americans’
-
Kissinger
-
Argues that “Globalization is really another name for the dominant role of the
United States”
-
For him globalization is everything
-
American style democracy?
-
American style democracy might not be exportable elsewhere
-
Exceptionalism
-
Doesn’t exist anywhere else (separation of powers)
-
Supreme court justice for life
American (video)
-
Ferred Zakaria
has argued that we can think of the world as a post-american world so
it's the legacies of american or that everybody goes through kind of america to come to
itself
-
If after
91 when china
enters into WTO and and everybody starts trading wether that
relative gain of the others comes at the relative loss of the u.s, so the u.s doesn't
necessarily lose power its just that everybody else gets more influence, power, money
and representation and so in relative terms
we see it as a loss
Americanization
-
America’s global influence
-
When did it peak? Has it peaked?
-
1950’s, 60’s, 70’s, 80’s, 90’s, 00’s, crisis
-
Plaza Accord in
1985
-
There was this real
threat
that the perception that
japan
was going to
overtake the U.S
and in the plaza court
1985
they met and resituated
because the U.S didn't like having all of its trade deficits it just
reevaluated the yen and the deutsche mark at the time and set the
exchange rates in order to flip it around so they had the power to change
things when they wanted to
-
American style capitalism
-
Financial markets
-
Oil interests
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Wal-Mart
-
McDonaldization - Ritzer
Americanization 'Starbuckization’
-
American culture
-
Branding and advertising
-
Different everywhere or the same everywhere?
-
Starbucks vs Tim Horton’s
-
Would Canada exist without Americanization?
-
Canada
being the neighbour to the U.S also being the one that's most staunchly
anti-american
-
1777 declaration draft
included Canada (thought that canada was going to go
with the states when they declared independence which canada did not)
-
1850 reciprocity, 1911 liberal loss
-
1850
full free trade was proposed with canada to just integrate us but we
so feared that we were going to lose our distinctness that we refused to
do it
-
1911
liberal loss when they proposed full free trade with the U.S and they
also declined
-
John A MacDonald’s National Policy
-
Trying to build canada against the north-south influence of canada and
the the U.S is to build a national policy in national railroad or highway in
order to develop our capacity against the pull of the americans
-
Canadian content requirements 3/10 v 1/10
-
Do American economic products represent American culture?
Types of americanization
-
African Americanization
-
Subcultures of the U.S, global commodity the billionaires that have come out of
this
-
Beyonce and Jay-Z
-
Holocaust Americanization
-
In Canada as well
-
Special political and historical developments
-
Latin Americanization
-
Growing population and political clout of the latinx the hispanic community and
their representation both culturally, politically and politically
-
Americanization of international crime
-
Jurisdiction anywhere, privatization of prisons
Expressions of americanization
-
Americanization’s peak
-
‘Heyday of American influence (in Europe) between 1945 to 1971’
-
Americanization’s decline
-
‘Period After 1971 when Americanization lost its hegemony in Europe (and
Elsewhere)’
-
Why 1971
?
-
Nixon
and the end of the gold standard
-
Nixon
ended the convertibility of the U.S dollars and gold
so after world
war 2
in order to stabilize currencies that have been widely out of whack
before then especially in the interwar period the
U.S dollar
said that one
U.S dollar is worth one th
irty fifth of an ounce of gold
-
Given that so much american funding of aid and development and then
vietnam was funded in U.S dollars offshore it became increasingly
apparent that the inflation of the ability of the U.S to both be the reserve
currency for all the other currencies of the world and at the same time
able to print so much of it that clearly it should of had inflationary
pressures meant that this peg that they created after world war 2 did not
make any sense it was actually france that started realizing this and said
your going to give me gold if I convert U.S dollars into it and try to empty
fort knox and then this is when
Nixon said no we are going to stop this
-
Free floating currency, lack of central intervention to defend markets
Wtf happened in 1971
-
The economy continues to grow in the U.S but compensation flattens out
-
Earnings start flattening out but growth continues
-
Gains
of the postwar period continued to be distributed until
1971
and then all of a
sudden we start to see growing inequality
-
After 1971
income growth flattened
-
After 1971
of the total income drop dramatically
-
After 1971
we see the way in which income concentration has risen the top one percent
gets more
-
Average black income as the percentage of white income flattens in
1971
-
Real GDP per capita
in both men and women, mens flattens and womens continues to
increase
-
Both spouses working shoots up after
1971
-
Income and inequality shoot up after
1971
-
Proliferation of regular inflation after
1971
-
Cumulative inflation after
1971
-
Consumer prices shoot way up
-
electricity, food and fruit all go up
-
Housing prices
-
How long does it take to save for a house shoots up
-
Basically how much in
1971
debt
can proliferate which part of this was because gold
was functioning as a artificial restraint on growth
Expressions of americanization
-
Americanization without America
-
Multinational companies (Canadian beer)
-
post
1971
there arguments that americanization without american that
these companies can go
abroad
invest
abroad
, they can do more,
spread out more and so we don't see that the returns being directed
towards the us in the same way
-
Movie industry supported by foreign sales
-
Saving crap movies (Battleship, Lone Ranger, Great Wall)
America as consumer culture?
-
Mass consumption is the backbone of Americanization
-
McDonald’s typifies American trends
-
Macro and micro level managements
-
Coffee house, specialized orders, healthy options
-
Global currency and trade
-
Personalizes the role of capitalism
-
ATM
-
Ease of access, role of technology
-
Flexible manufacturing
-
Set global labour standards and then undermine them
-
Containerization
-
Standard worldwide shipping standards
-
Uniform technology (UPC codes, Windows, Android)
Americanization of europe
-
Some Innovations ubiquitous
-
Supermarkets, walmart moves abroad
-
The success of standardization breeds reistence
-
European alternatives reference the U.S
-
Slow food movement
-
More government involvement
-
More suspicion of business
-
Cultural limitations on U.S imports (France)
Is the U.S an empire?
-
Niall Ferguson – the U.S must be an Empire
-
Reluctant imperialism
-
The 68th Empire
-
British directly controlled
23%
of globe
(vs. U.S 6%)
-
U.S combines hard and soft power to achieve its
empire
( puppet leaders/coups)
-
Empire is necessary in a global world
-
Democratic peace theory (idea democracies don't go to war with each other) is a
way for us to frame the stability that comes to having a single global power and
the extent that the
U.S
don't want to and wont engage in that won't make the
UN
stronger
which makes the world less stable because of it
-
Liberal empire
is not the same as others
-
Dangerous
power vacuum without the
U.S
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Empire stabilizes
the rest of the world
Is the U.S declining?
-
U.S cannot hold power
-
Rise of
Europe, Asia
-
Declining importance of the nation-state
-
Global adoption of democracy (Arab Spring)
-
Modernization is no longer imposed, it is chosen
-
Analysis has been decentered from the
U.S
-
More emphasis on hybridity, global awareness, interconnectedness
-
Was the 1970’s Soviet Union the closest we ever were to paradise?
-
Guaranteed work and income but they had outages, shortages which then made
you appreciate what you had more and you can still travel west and see all the
west had to offer without having to go to the west and live in the west
-
Having all the things you want but have them taken away enough so that you
actually don't get bored with them and tired with them
Anti-Americanism
-
Older than US itself
-
Confederacy
(was 4 years)
-
New England versus New France
-
Anti-Americanism
-
‘
Predisposition to hostility
towards U.S and American society, relentless
critique of American social, economic, political institutions and traditions’
-
Psychological and religious
hostility to American stereotypes
-
Historical
anti-Americanism based on U.S behavior
-
Political and economic
anti-Americanism from current policies
-
Cultural anti-Americanism
the resentment of American cultural
domination
Canada as anti-americanism
-
Freud called:
-
‘
Narcissism of small differences
’
-
Canada’s state religion
-
So similar, Canada needs to distinguish itself
-
Diefenbaker against Kennedy
-
Chretien against Bush
-
All these people made there careers off of being anti-american in their
campaigns
-
U.S as standard upon which Canada judges itself
-
Does Canada undermine globalization by being anti-American?
Post-Americanization
-
The rise of everybody else
-
China
as the second biggest economy
-
Canadian household income higher than the U.S
-
American problems can tribute to America in decline
-
Rise of the right/fiscal cliffs
-
U.S can no longer dictate policy to the rest of the world
-
Requires more cooperation precisely at the time when it gets none
-
American military aggression a symptom of its inability to use coercion
Neoliberalism
-
Neoliberalism:
Liberal commitment to individual liberty combined with a belief in the
free market and opposition to state intervention in it
-
Dominant ideology today
-
Individualism, free markets, bootstrap, regressive taxation(taking from the rich
and giving to the poor) , consumption and growth
-
Global Economic flows
-
Dominant economic processes today
-
Trade
-
Financial Investment
Neoliberalism (video)
-
As ideology that the market is a cohere belief system so it processes information, it tell
us where to go, and it's better than any individual or group decision making interference
in what otherwise would be a natural equilibrium
-
Emphasization precarisation over state control as the best way to deliver public services
Where did neoliberalism come from?
-
(1)Classic liberalism
-
John Locke and Adam Smith
-
Free markets and nonintervention ‘invisible hand’ on the market
-
Neoliberalism
-
‘New’ liberalism, classic liberalism in a new context
-
Trying to reassert this post the content of keynesianism of the 70s of the
interventions
-
(2)Embedded liberalism
-
Postwar structures of the international system
-
Foundational ways of thinking about the world (UN)
-
Countering Socialist/Marxist/collectivist inroads
-
Keynesianism – government role in managing business cycle
-
Macroeconomic view of economy
Where did neoliberalism come from?
-
Contemporary neoliberalism from 1970’s crises
-
University of Chicago economists, promoting free-market, self-interest, greed-is-
good capitalism
-
Dismantling the ‘embedded liberal’ structures
-
Microeconomic view of everything
-
Federal Treasury – obsession with inflation
-
Promotion of neoliberalism elsewhere
(Chile)
-
Shock Doctrine of liberalization
-
Tragedy = Opportunity for privatization
-
Structural adjustment
-
Conditions of economic “restructuring” imposed by organizations such as the
world bank and the international monetary fund (IMF) on borrowing nation-states
Shock Doctrine(video)
-
Naomi Klein's
idea of the shock doctrine is that people who are advocating these
neoliberal policies take advantage of crises that have nothing to do with the education
system and then utilize that crisis to then implement change
What is neoliberalism
-
‘liberal commitment
to individual liberty, a belief in the free market and opposition to
state intervention in’
-
Why? Notion that shifting resources from public schools to private ones makes them
more ‘productive’
-
What does it look like?:
Reduction in any government spending
, laws and regulations
dismantled to minimize government interference, privatization of public resources,
rollback
workers rights and protections as inefficiencies
-
Which is better, paying garbage collectors a healthy living wage, or collecting garbage
for as cheap as possible?
-
paying garbage collectors a healthy living wage (we see as the betterment of
society)
-
or collecting garbage for as cheap as possible (up to the individual)
-
Could cost lest not sure tho
-
Free market:
A market free of any impediments
In practice
-
Neoliberalism
-
Big Bangs where they deregulate a whole bunch of the sector at once (US, UK,
Japan), Shock therapy (Latin America, Russia, Eastern Europe, Russia),
‘Washington consensus’ (IMF, US Treasury, WB) go to latin american and say
you guys all need to deregulate open ourselves up to free trade and minimize
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expenditures, structural adjustment (WB, IMF for all developing countries
needing assistance), Federal, provincial, municipal deregulation, privatization
and defunding (pollution, health care, garbage collection)
-
In terms of global policy they used to be called
‘Structural Adjustment’
now
‘Poverty
Reduction Strategy Papers’
-
Deregulation:
Commitment by nation-states to limit or eliminate restraints on the free
market and free trade
In practice
-
Popular resistance/corruption/scandal
-
Hugo Chavez/Evo Morales/ Lula
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Enron/WorldCom/Bear Stearns/AIG
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Fannie Mae/Freddie Mac/Citibank
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Linked with neoconservative ideals
-
Project for New American Century
-
Commitment for morality and order and the necessary imposition of that order
worldwide
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War + neoliberalism = Profit
-
Limited government:
no government can do things as well as the market and should
not intervene in it
Limited Government?
-
Neoliberal + Neoconservative = strong social regulation little corporate regulation
-
Problem with Neoliberal + Neoconservative
framing is that you can get an
advocacy that china reflects a certain free market attitude, that what it is strong
social regulation with little corporate regulation
-
1881 Pope Leo XIII
– middle ground between Marxism and capitalism
-
‘corporatism’
– New Deal, Italian Fascism, German fascism
-
Christian Democrats in post-war Europe
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East Asian authoritarianism
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Russia kleptocracy
-
elites after the fall of the soviet union take control of key sectors of
the economy
-
Run the economy in relation to their power with the state
-
Why are
textbooks so afraid
of identifying shifting right
goalposts
?
-
Don't want to address the neoconservative or religious parts of it or that there
treading into the moral waters
-
Neoliberalism
has to supplement itself because its a free market policy and it can
supplement itself with chinese communism or russian kleptocracy but that market
system is still compatible just unsure if market system results in better democracy
Common criticisms of neoliberalism
-
Double movement:
The coexistence of the expansion of the laissez-faire market and
the reaction against it
-
Polanyi
-
He argues when free market forces push too far society starts to pushing back
because we don't like the excessive privatization of too many things
-
Capitalist free markets are antisocial
-
Society will inevitably fight back
-
There is a
DOUBLE MOVEMENT between market forces and social forces
-
More privatization = more resistance to privatization
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More foreign ownership = more resistance to foreign ownership
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More economic crisis = more government regulation
-
Trump and bottom
50%
? BLM?
-
Aiwha Ong
-
Says the exception is crucial to neoliberalism so it uses those exceptional
circumstance in order to implement these things
-
Exceptional cases = free market examples
-
Export processing zones
(EPZ’s)/Special Economics Zones
(known as
free zones
)
-
Mini experiments
in
free trade and globalization
-
Al
l border zones
specifically
china were targeted as sites
where there
no regulation or oversight, very little environmental, labour protection
making them become special regions that focus explicitly on free trade
but disconnected from society making them not impact society too much
-
De-nationalized zones of work
-
Don't have to follow the regular labour protections and pay ridiculous legal
wages
-
Look socially similar
-
Low-wage
women’s work, high levels of burnout, military organization,
heavy pollution, crime, racism
-
Short-term
experiments that see double movements where we are
unsure if the societies benefit enough
Common criticism
-
Leslie Sklair
-
Neoliberal globalization vs socialist globalization
(never happened –
Trotsky)
-
TNC – new global class consciousness
-
F1, Monaco, Billionaire, global elites
-
Elite spaces spaces that only engage with other elites and they
end up in bubbles
-
UHNWI – 1% of the 1%
-
Celebrities as ideology of consumerism
-
Distract from lack of wage growth and realities of the precariat
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