Babylon Must Fall

Neo-liberalism is an ideological blind faith in markets. Like all dogmas or pseudo-sciences, its adherents continue to grasp at it, regardless of how many facts and events prove that markets do not work. They endlessly chant the mantra “public bad, private good”.

As Derek Wall discusses in his book ‘Beyond Babylon’ there is a range of alternatives to neo-liberalism, ranging through Keynesian, regulatory, localist, eco-feminist, socialist and anarchist approaches, to name a few. They all have positive contributions to make, and all of us need to unite to slay the neo-liberal dragon.

I watched Ken Loach debate with Michael Heseltine on Newsnight last night. Loach attacked the Thatcher government’s record on unemployment and Hezza retorted that unemployment had also been high under Labour. Loach said that he should not be associated with the Blair and Brown government, but the exchange showed how the current political system hinges on the pretence that different factions within the Neoliberal Party offer genuine choice. The message is that once you have tried another faction (to no effect) you may as well lie back and let the Tories shaft you – which is where the British public is currently at.

Unless the Greens clearly articulate the message that we oppose the single Neoliberal Party with its blue, orange and red livery we will always be squeezed at general elections. Last time the political establishment was able to trick the voters that the orange faction offered some change, next time it will be the red faction etc etc ad infinitum (but Babylon must fall!).

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Posted on October 7, 2010, in Economics, Politics and tagged , , , , , , , , . Bookmark the permalink. Leave a comment.

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