A social movement to preserve Social Security has never been as urgent as it is today. Tempting as it might be to send a dictionary to the White House explaining the difference between “compromise” and “capitulation,” we should not be overly generous — Barack Obama’s intention to gut Social Security is not so much a pre-emptive capitulation as it is yet another demonstration of his adherence to neoliberal ideology.
By now, such a demonstration should not be necessary. Remember that one of the president’s first appointments was Lawrence Summers, who once wrote a memo while chief economist at the World Bank advocating industries creating toxic waste be transferred to Africa because the continent is “vastly UNDER-polluted” (emphasis in original). Professor Summers’ appointment in 2008 as President Obama’s leading economic adviser after his career of promoting Reaganite, neoliberal policies, including leading the Clinton administration’s deregulation of banking and scrapping of regulations for derivative contracts, set the tone for what was to come.
Let us not fall out of our chairs — neoliberal austerity is a bipartisan policy. Voters alternate between their dominant parties in North America, Europe and the Asia-Pacific region, yet the train stays in motion. Fans of the movie Avatar likely remember an early scene in which Sigourney Weaver’s character mocks the macho, militaristic approach of the Marines who intend to unilaterally take the mineral “unobtainium” from the Pandora natives by bulldozing their homes and forest. Her intention was to negotiate with the natives and have them agree to give up their homes and forest.
Note that there was no difference in the goal of the Marines, exemplar of the conservative approach, and that of the would-be negotiator, representative of the supposedly more enlightened approach. I remember thinking to myself while watching Avatar that Ms. Weaver’s character represented the Democratic Party wing of neoliberalism.
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