What Comes After Neoliberalism?
The era of neoliberal globalization is drawing to a close. Yet for socialists, there might not be a light at the end of the tunnel.
Cédric Durand is an associate professor of political economy at the University of Geneva and the author of two books, most recently How Silicon Valley Unleashed Techno-Feudalism: The Making of the Digital Economy.
The era of neoliberal globalization is drawing to a close. Yet for socialists, there might not be a light at the end of the tunnel.
Brazil’s battle with Elon Musk is just the tip of the iceberg in the struggle between Big Tech and sovereign nations for control of our digital future.
Silicon Valley hype presented the digital economy as a source of dynamic growth as well as a liberating force for workers. In reality, digital technology is facilitating brutal forms of exploitation while productivity and growth are slowing down.
The neoliberal economic model has foundered and can no longer generate growth. Governments will be forced to change their approach to economic management, giving rise to more promising conditions for struggle by workers after a generation of retreat.
The gilets jaunes movement has presented a vision of France beyond Emmanuel Macron’s neoliberalism. Anticapitalists have to push it even further.
Mélenchon’s election campaign has galvanized the Left by doing what Hamon couldn’t — making a clean break with the political center.
The crisis in Greece is part of a larger disintegration of the European project.