Economization displaces democratic self-rule and its supporting institutions.

Evidence

What happens when the precepts and principles of democracy are remade by this order of reason and governance? When the commitment to individual and collective self-rule and the institutions supporting it are overwhelmed and then displaced by the encomium to enhance capital value, competitive positioning, and credit ratings? What happens when the practices and principles of speech, deliberation, law, popular sovereignty, participation, education, public goods, and shared power entailed in rule by the people are submitted to economization? These are the questions animating this book. — Wendy Brown, Undoing the Demos, 15

Categorization

• XREF: Foreshadows the later Habermas ‘colonization of the lifeworld’ theme running through the book. — connects to: Finance may revitalize democratic community rather than only undermine it — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 396; Economic dependence on wage labor hollows out political citizenship. — Clara E. Mattei, Escape from Capitalism, 406; Inverting democracy’s formula exposes self-regulation at governance’s core. — David Theo Goldberg, The Racial State, 144 (+11 more)

Broader Connections

• Neoliberal economic rationality is extinguishing the domains through which democracy materializes. #corroborates (0.92)
• Ordoliberals wanted to reduce democratic participation to protect the market #exemplifies (0.88) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 525
• Economization and governance replace political contestation with managerial consensus. #corroborates (0.85) — Wendy Brown, Undoing the Demos, 409
• Formal political equality masks deep economic servitude that hollows out democracy #complicates (0.82) — Clara E. Mattei, Escape from Capitalism, 406
• Neoliberalism replaces natural self-interest with governed self-investment tied to macroeconomic growth. #expands (0.80) — Wendy Brown, Undoing the Demos, 167
• Pseudoconservatives misdirect resentment at democratic form rather than economic inequality #complicates (0.80) — Rolf Wiggershaus, The Frankfurt School, 1797
• Inverting democracy’s formula exposes self-regulation at governance’s core. #corroborates (0.78) — David Theo Goldberg, The Racial State, 144
• Factory councils were designed to fuse economics and politics in proletarian self-government #contradicts (0.78) — Clara E. Mattei, The Capital Order, 534
• Democracy is not self-sustaining and may need undemocratic supplements. #qualifies (0.75) — Wendy Brown, Undoing the Demos, 413