The 2008 crisis removed capital’s ideological authority to present solutions

Evidence

I think student militancy — the emergence of it — is something that wouldn’t have happened before 2008. After the bank crisis of 2008 — this is a major event, a kind of major trauma, for capital, and of course we’re still right in the middle of it. And it’s evident that capital does not have a solution to the problems which lead up to the bank crises of 2008 at all. — Mark Fisher (edited by Darren Ambrose), K-Punk, 2140

Categorization

• XREF: Direct extension of the capitalist realism thesis Fisher develops in his major work — the bank crisis as the moment the ‘no alternative’ horizon cracked. — connects to: The 2008 crisis was fundamentally a crisis of economic ideas — Mark Blyth, Austerity: The History of a Dangerous…, 132; Neoliberal doctrine intensified rather than weakened after the 2008 crisis discredited it — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1811; The 2008 crisis reinforced rather than refuted neoliberal and orthodox economic doctrine — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 100 (+9 more)

Broader Connections

• The 2008 crisis reinforced rather than refuted neoliberal and orthodox economic doctrine #contradicts (0.90) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 100
• Neoliberal doctrine intensified rather than weakened after the 2008 crisis discredited it #complicates (0.88) — Mark Fisher (edited by Darren Ambrose), K-Punk, 1811
• The 2008 crisis invalidated the preceding thirty years of financial orthodoxy #corroborates (0.83) — Mark Blyth, Austerity, 133
• The 2008 crisis was expected to falsify neoliberal doctrine but did not #complicates (0.82) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 80
• The 2008 crisis killed none of the economic ideas that caused it #corroborates (0.81) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 44
• The 2008 crisis replaced triumphalist free-market rhetoric with open-ended austerity #expands (0.80) — Max Haiven, Cultures of Financialization, 158
• The 2008 crisis failed to produce a paradigmatic shift comparable to the New Deal. #corroborates (0.79) — Natascha van der Zwan, Making Sense of Financialization, 115
• The 2008 crisis was fundamentally a crisis of economic ideas #expands (0.78) — Mark Blyth, Austerity, 132
• The 2008 crisis strengthened rather than weakened the political right #complicates (0.78) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 8
• Crisis commentary from 2008-10 shared one syllogism, that failure proves neoliberalism dying #corroborates (0.77) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 93
• Opponents of neoliberalism could not locate the intellectual roots of the 2008 crisis #qualifies (0.74) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 16
• Capital absorbed the left’s own liberation desires against it #expands (0.72) — Mark Fisher, Capitalist Realism, 74