Activity

Through the process called primitive accumulation, pre-capitalist workers were uprooted from their land and dispossessed of their means of subsistence.4 Peasants struggled against this and continued to survive on the margins of the emerging capitalist world, and it eventually took violent force and harsh new legal systems to impose wage labour on the population. Peasants, in other words, had to be made into a proletariat.

Whereas negative freedom is concerned with assuring the formal right to avoid interference, ‘synthetic freedom’ recognises that a formal right without a material capacity is worthless.

In Jean-François Lyotard’s epochal definition, postmodernity was identified as the era that has grown to be suspicious of the grand metanarrative. On this account, postmodernity is a cultural condition of disillusionment with the kinds of grandiose narratives represented by capitalist, liberal and communist accounts of progress.

The novel conjunctural moment of the 1970s was quickly forgotten by the public, and neoliberalism took on the universal and natural qualities that Thatcher’s doctrine of ‘there is no alternative’ had espoused. Neoliberalism had become a new common sense, accepted by every party in power. It mattered little whether the left or right won; neoliberalism had stacked the deck.

By the mid 1990s, with the collapse of the USSR, neoliberalism’s extension via IMF structural adjustment policies, its consolidation in the UK’s New Labour and Clinton’s US administration, and its ubiquity in the academic field of economics, neoliberalism had reached its hegemonic peak.