Monbiot focusses on Neoliberalism: the justification of a global grab of power, public assets and natural resources by an unrestrained elite
Lord Stern has described climate change as “the greatest and widest-ranging market failure ever seen”
George Monbiot continues:
“In return for 150 years of explosive consumption, much of which does nothing to advance human welfare, we are atomising the natural world and the human systems that depend on it. “The world is in the grip of Neoliberalism, an extreme political doctrine, whose tenets forbid the kind of intervention required to arrest it and appears to be little more than a justification for plutocracy, the ideology used, often retrospectively, to justify a global grab of power, public assets and natural resources by an unrestrained elite.
“The doctrine was first applied in Chile in 1973. The result was an economic catastrophe, but one in which the rich – who took over Chile’s privatised industries and unprotected natural resources – prospered exceedingly. The creed was taken up by Margaret Thatcher and Ronald Reagan. It was forced upon the poor world by the IMF and the World Bank. By the time James Hansen presented the first detailed attempt to model future temperature rises to the US Senate in 1988(3), the doctrine was being implanted everywhere”.
Those on the PCU mailing list will agree with him that “Neoliberalism protects the interests of the elite against all comers” but most will not side with his decision to support the expansion of the nuclear power industry.
As he says, we should ‘abandon the four-fifths or more of fossil fuel reserves that we cannot afford to burn’ – we add, for more than one season. And many will agree that:
“The struggle against all the crises besetting us cannot be addressed until the doctrine is challenged by effective political alternatives”.
To this end a democratic mobilisation against plutocracy is getting under way:
Chilean student outriders: ‘Our future is not for sale’
- this should start with an effort to reform campaign finance: the means by which corporations and the very rich buy policies and politicians;
- a petition will be launched later this month.
Monbiot advocates a new politics – a more fiery version of the Green Party Manifesto?
- one that sees intervention as legitimate,
- that contains a higher purpose than corporate emancipation disguised as market freedom,
- that puts the survival of people and the living world above the survival of a few favoured industries.
Posted on December 6, 2012, in Corporate political nexus, Democracy undermined, Parliamentary failure, Party funding, Vested interests and tagged Chile, George Monbiot, Neoliberalism, Plutocracy. Bookmark the permalink. 2 Comments.