Old Normal vs New: From 1980s Neoliberalism to the ‘Great Reset’

Old Normal vs New: From 1980s Neoliberalism to the ‘Great Reset’

Many people waste no time in referring to this as some kind of ‘Marxist’ or ‘communist’ takeover of the planet because a tiny elite will be dictating policies. This has nothing to do with Marxism. An authoritarian capitalist elite – supported by their political technocrats – aims to secure even greater control of the global economy. It will no longer be a (loosely labelled) ‘capitalism’ based on ‘free’ markets and competition (not that those concepts ever really withstood proper scrutiny).

G7: JOE BIDEN’S TOUR OF “DEMOCRACY JIHADISM”

Joe Biden wrote an op-ed in Washington Post about his Europe/G7 trip. The op-ed had 12 paragraphs and 16 mentions of the words “democracies” or “democratic.” This is the new religion of America, which cannot offer prosperity or economic freedom to its own people, let alone to others. The subliminal message about the word “democracy” is that it is the opposite of China and Russia, which were mentioned 7 times. In a nutshell, the core message is warmongering — how to contain the two nuclear-powered geopolitical rivals. These are very dangerous times.

G7 – JOE BIDEN’S TOUR OF “DEMOCRACY JIHADISM”

China, the U.S., and the Idea of National Competition

China, the U.S., and the Idea of National Competition

What appears to be meant in the U.S. by ‘competing with China’ can be inferred by the rising Pentagon budget, by the failure to raise the minimum wage, by hiring private corporations to get around restrictions on domestic spying, and by appointing a high-level administrator to shut-down inconvenient political opinions on the internet. The political parties are now balkanized to the point where their adherents trust members of their own party, but not the other. What this likely means is an iterative process between ‘wealth of nations’ style economic nationalism and neoliberal internationalism where the only constant is the consolidation of political control by oligarchs and corporate executives. I believe that Italians in the 1920s and 1930s had a name for this type of governance.