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157

The return of the repressed as the beginning of the end of neoliberal capitalism

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always good

Streeck, W. (2017). The return of the repressed as the beginning of the end of neoliberal capitalism. In Geiselberger, H. (ed) The Great Regression. Polity Press, pp. 157-172

159

[...] Instead of trickle-down there was the most vulgar sort of trickle-up: growing income inequality between individuals, families, regions and, in the Eurozone, nations. The promised service economy and knowledge-based society turned out to be smaller than the industrial society that was fast disappearing; hence a constant expansion of the numbers of people who were no longer needed, the surplus population of a revived capitalism on the move, watching helplessly and uncomprehendingly the transformation of the tax state into the debt state and finally into the consolidation state [...]

—p.159 by Wolfgang Streeck 6 years, 11 months ago

[...] Instead of trickle-down there was the most vulgar sort of trickle-up: growing income inequality between individuals, families, regions and, in the Eurozone, nations. The promised service economy and knowledge-based society turned out to be smaller than the industrial society that was fast disappearing; hence a constant expansion of the numbers of people who were no longer needed, the surplus population of a revived capitalism on the move, watching helplessly and uncomprehendingly the transformation of the tax state into the debt state and finally into the consolidation state [...]

—p.159 by Wolfgang Streeck 6 years, 11 months ago
165

[...] the surviving Blair supporters in the Labour Party believed they could persuade their traditional voters to remain in the EU with a lengthy catalogue of the economic benefits of membership, without taking the uneven distribution of those benefits into account.It did not occur to a liberal public cut off from the everyday experience of the groups and regions in decline that the electorate might have wanted the government they had installed o show greater interest in their concerns than in international agreements. [...]

I love the connotations of "surviving Blair supporters"

—p.165 by Wolfgang Streeck 6 years, 11 months ago

[...] the surviving Blair supporters in the Labour Party believed they could persuade their traditional voters to remain in the EU with a lengthy catalogue of the economic benefits of membership, without taking the uneven distribution of those benefits into account.It did not occur to a liberal public cut off from the everyday experience of the groups and regions in decline that the electorate might have wanted the government they had installed o show greater interest in their concerns than in international agreements. [...]

I love the connotations of "surviving Blair supporters"

—p.165 by Wolfgang Streeck 6 years, 11 months ago