What anthropologists refer to as the 'potlach' in non-capitalist societies, for example, confers prestige on those who give away, renounce or in some instances even outright destroy, through elaborate ceremonies, the material possessions they have accumulated
IMF 'structural adjustment programs', which mandated austerity in order to pay back the banks, thereafter proliferated around the world.
what is meant by that word neoliberalism. My view is that it refers to a class project that coalesced in the crisis of the 1970s. Masked by a lot of rhetoric about individual freedom, liberty, personal responsibility and the virtues of privatisation, the free market and free trade, it legitimised draconian policies designed to restore and consolidate capitalist class power.
this theme is central in an argument like that of Hardt and Negri, who make the antithesis between global civil war (itself comprising multiple visible or invisible wars) and the multitude (with its forms of resistance and modes of communication) the defining characteristic of the new revolutionary politics they propose, dubbing it ‘bio-politics’
This contradiction, or scission, was reproduced throughout the historical trajectory of Marxism, at the cost of increasingly intense internal conflicts
on Marx saying he is not a Marxist?
