Saturday, October 20, 2007

In Your Wildest Dreams Friedmans and Co.

It is fascinating to me the way neoliberal capitalism is defended through fanciful, mythological success stories that do not bear in reality. No matter how much one researches these supposedly glowing examples (Chile, South Africa, Poland, Brazil, Argentina, China, et. al.) of neoliberalism's economic miracles, one only finds the ways in which Milton Friedman and Co. have wreaked havoc across the globe. To be fair, I must admit that neoliberalism has been very successful for a select few, including the beautification of many of the poorest countries' shiny neo-neoliberal capitals, all the while ignoring the surrounding suburbs and rural poverty. This is best exemplified by Thomas Friedman's (no relation to Uncle Milty--I think?) praise of Bangalore. It makes one wonder if he ever bothered to travel around the rest of India. Anyway, the problem is that not only were there doctrinaire promises made about how neoliberal capitalism would solve the world's economic problems and end poverty, but there are still so many people ideologically singing its praises despite contravening evidence. This makes these people either blind fools or its beneficiaries.

Freeing up markets, privatizing everything, stamping out organized labor, lifting restrictions for capital's free reign, removing environmental standards, giving corporations the rights of human beings, reinvesting social spending in production infrastructure, etc. has served its designed purposes perfectly! The gap between rich and poor has never been wider! (An undisputed fact!) Labor markets are cheaper than ever, not competitively driving wages upward as was promised. Instead we are racing ourselves to the bottom. It's as if we are sprinting backwards to the Dark Ages. Not surprisingly, most of the same families that ruled today can be traced back to the aristocracy of the old world.

Perhaps the most stunning feat accomplished by modern capitalism is the way it has been able to return our societies to global slavery, but now however, the capitalists are not even having to finance the transportation of its slaves, instead the 'wretched of the earth' are forced to gravitate where the work is on their own dime, and then forced to work as slaves away from their homes, land, families, and cultures. One will even find among those that have posted on this blog people who believe this kind of exploitation is a necessary step towards the alleviation of such insanity. Such irrational critiques ignore the social, political and economic situations prior to this latest phase of capitalist terror (the neoliberal age). For example, Chile, Argentina, and Brazil were all in much better shape prior to the neoliberal invasion, when many countries such as these and around the rest of the world were developing social democracies, socialist states, etc. Stunningly, they ask us to hold out hope for capitalism's eventual delivery of promises yet unfulfilled. You know, the classic theory in order to save the village we first have to destroy it.

So I am very anxious to hear from those that continue to praise capitalism. I'm excited to hear about their newest example of a capitalist miracle. I'm happy to do some further research and see what I can learn about capitalism in action where it is actually delivering on its promises. However, I would encourage these enthusiasts to own up to the lack of veracity in their claims since the evidence overwhelmingly denies their positions.


Renegade Eye said...

Beakerkin always brings up India, as a shining example of capitalism, the country with more poor than anywhere on Earth, and Maoist local governments, in the rural areas.

troutsky said...

Check out Dubai, gleaming steel and glass towers, indoor ski hills in the blazing desert, private islands and plenty of young prostitutes.You just don't want to be a Paki brick layer.

sonia said...

I responded. I know what your problem is. You are under the illusion that capitalism promised equality and prosperity for all. It never did. Communism made that promise. And Communism BROKE that promise. Capitalism is about exploitation, not equality.

Renegade Eye said...

The equality argument is a strawman argument. Equality was a civil rights slogan, not a communist promise for everyone in the abstract.

Graeme said...

market capitalism has killed more people that state capitalism. It just does it much more secretly.

Graeme said...

than state capitalism, I mean. dammit.

beakerkin said...

Here we go again with more idiocy from the usual suspects.

Lets start with some basics as you are quite obviously a simpleton.

Equality is and of itself is not a
good thing if everyone lives like sewer rats. Commies prattle on at length about inequality as a pretext for their own theft and crimes against humanity. Cuba was not a third word country until a deranged Communist goon made it one. Its standard of living was on a par with Spain and it had a net flow of people emigrating to it. Now Cuba has a standard of living on a par with Haiti.

The mere fact that inequality exists means nothing in and of itself. No doubt as heir to the divine truth handed down in manifesto form, you will steal and kill in the name of your false ideals. The question is how many more have to die to sate your power
mad schemes another 100,000,000.

How about moving to Cuba and living under the madness you advocate for others. Your failure to do so makes you a chicken collectivist. A series of Theriesenstadt tours of Cuba, Hugo's blunder land and whatever other mess created by Marxist idiocy represents nothing.
You need to live in the mess you advocate for others.

The Trotskyite oaf correctly points to India as an excellent example of
lifting people out of poverty. He seems to ignore reality and was reminded of this by Beatroot who is
often reality based.

In fact conditions in India have improved as the government moved away from Nehru style socialism. The only thing Nehru did for India was create world class Universities. IIT is world reknown for producing the best graduates on the planet. India does not allow Communists to abuse higher education as a jobs programs for unemployable Marxist morons.

IIT is just one of many top flight Indian Universities that do not subject their students to Marxist indoctrination. American companies hire Indian graduates who are far better prepared than their American