Modern Life

The following two paragraphs capture the essence of current American policy making:

In the neoliberal utopia, all of us are forced to spend an inordinate amount of time keeping track of each and every facet of our economic lives. That, in fact, is the openly declared goal: once we are made more cognizant of our money, where it comes from and where it goes, neoliberals believe we’ll be more responsible in spending and investing it. Of course, rich people have accountants, lawyers, personal assistants, and others to do this for them, so the argument doesn’t apply to them, but that’s another story for another day.

The dream is that we’d all have our gazillion individual accounts—one for retirement, one for sickness, one for unemployment, one for the kids, and so on, each connected to our employment, so that we understand that everything good in life depends upon our boss (and not the government)—and every day we’d check in to see how they’re doing, what needs attending to, what can be better invested elsewhere. It’s as if, in the neoliberal dream, we’re all retirees in Boca, with nothing better to do than to check in with our broker, except of course that we’re not. Indeed, if Republicans (and some Democrats) had their way, we’d never retire at all.

I found this at Naked Capitalism, where it was an excerpt from here.

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One thought on “Modern Life

  1. hamock myson

    your post immediately made me think of this little gem from 2005.

    that was when bush made his epic push to kill social security once and for all. he went for the gusto and failed miserably.

    instead of correctly believing that [we’re all in this together], he tried to put us in a new world of [you’re in it alone, good luck mf]. and congressional democrats actually had the temerity to be surprised when potus began lying from the lectern.

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