Capitalist realism is an expression of class decomposition, and a consequence of the disintegration of class consciousness. Fundamentally, neoliberalism must be seen as a project which aimed to achieve this end. It was not primarily – at least not in practice – dedicated to freeing up the market from state control. Rather, it was about subordinating the state to the power of capital. As David Harvey has tirelessly argued, neoliberalism was a project which aimed to reassert class power.
As the traditional sources of working class power were defeated or subdued, neoliberal doctrines functioned as weapons in a class war increasingly fought by one side only. Concepts like the 'market' and 'competition' have functioned not as the real ends of neoliberal policy, but as its guiding myths and ideological alibi. Capital has no interest in either the health of markets, or in competition. As Manuel DeLanda, following Fernand Braudel, has argued, capitalism, with its tendency towards monopoly and oligopoly, can more accurately be defined as anti-market rather than as a system which promotes thriving markets.
Capitalist realism is an expression of class decomposition, and a consequence of the disintegration of class consciousness. Fundamentally, neoliberalism must be seen as a project which aimed to achieve this end. It was not primarily – at least not in practice – dedicated to freeing up the market from state control. Rather, it was about subordinating the state to the power of capital. As David Harvey has tirelessly argued, neoliberalism was a project which aimed to reassert class power.
As the traditional sources of working class power were defeated or subdued, neoliberal doctrines functioned as weapons in a class war increasingly fought by one side only. Concepts like the 'market' and 'competition' have functioned not as the real ends of neoliberal policy, but as its guiding myths and ideological alibi. Capital has no interest in either the health of markets, or in competition. As Manuel DeLanda, following Fernand Braudel, has argued, capitalism, with its tendency towards monopoly and oligopoly, can more accurately be defined as anti-market rather than as a system which promotes thriving markets.
In addition to the plasticity of organizational form, we need also to pay attention to the plasticity of desire. Freud said that the libidinal drives are “extraordinarily plastic”. If desire is not a fixed biological essence, then there is no natural desire for capitalism. Desire is always composed. Advertisers, branders and PR consultants have always known this, and the struggle against neoliberalism will require that we construct an alternative model of desire that can compete with the one pushed by capital’s libidinal technicians.
What’s certain is that we are now in an ideological wasteland in which neoliberalism is dominant only by default. The terrain is up for grabs, and Friedman’s remark should be our inspiration: it is now our task to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.
In addition to the plasticity of organizational form, we need also to pay attention to the plasticity of desire. Freud said that the libidinal drives are “extraordinarily plastic”. If desire is not a fixed biological essence, then there is no natural desire for capitalism. Desire is always composed. Advertisers, branders and PR consultants have always known this, and the struggle against neoliberalism will require that we construct an alternative model of desire that can compete with the one pushed by capital’s libidinal technicians.
What’s certain is that we are now in an ideological wasteland in which neoliberalism is dominant only by default. The terrain is up for grabs, and Friedman’s remark should be our inspiration: it is now our task to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.