Skip to main content

Posts

Showing posts with the label "multinational capital"
Some good arguments, but "liberalism in theory" itself has to be questioned. "In theory, modern liberalism is a set of ideas about human freedom, markets, and representative government. In practice, or so it now seems to me, it has largely become a political affect, and a quintessentially conservative one at that: a set of reflexes common to those with a Panglossian faith in capitalist markets and the institutions that attempt to sustain them amid our flailing global order. In theory, it is an ideology of progress. In practice, it has become the secular theology of the status quo; the mechanism through which the gilded buccaneers of  Silicon Valley , Wall Street, and multinational capital rationalize hierarchy and exploitation while fostering resignation and polite deference among those they seek to rule." Liberalism in Theory and Practice