Neoliberalism uses crises it itself caused as opportunities to deepen its agenda
Evidence
The strategy seems to be to employ the illocutionary power of repetition — if they keep saying it, then it will have been true. The Bullingdon boys are working a mass hypnosis trick, forcing through shock doctrine measures while the population are still in a kind of postcrash trance. But where, previously, neoliberals had used the crises in other political systems (state socialism, social democracy) as an opportunity to helicopter in their “reforms”, on this occasion they are using a crisis brought about by neoliberal policy itself to try to electro-shock the neoliberal programme back into life. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1466
Categorization
- XREF: This is the shock doctrine / Naomi Klein thesis applied back onto the crisis of 2008; resonates with earlier claim about emergency-powers becoming unrepealable once crisis normalised. — connects to: Crises recurring across eras implies neoliberalism may not cause them — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1787; Neoliberalism’s crisis strategy redirected blame from banks onto state debt — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 475; Neoliberalism induces risk-bearing then blames the victims when risk fails — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 351 (+3 more)
- ADDENDUM: Directly extends the crisis-normalisation argument from the ‘On Sacrifice’ era reasoning about emergency measures in an earlier chapter.
Broader Connections
- Neoliberalism’s crisis strategy redirected blame from banks onto state debt
#exemplifies(0.82) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 475 - Neoliberalism induces risk-bearing then blames the victims when risk fails
#expands(0.82) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 351 - Crises recurring across eras implies neoliberalism may not cause them
#complicates(0.80) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1787 - Neoliberalism holds that markets can solve the very problems markets create
#exemplifies(0.75) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 2134