In 2005 David Harvey knows

"But one persistent fact within this complex history of uneven neoliberalization has been the universal tendency to increase social inequality and to expose the least fortunate elements in any society--be it in Indonesia, Mexico, or Britain--to the chill winds of austerity and the dull fate of increasing marginalization. While such a trend has been ameliorated here and there by social policies, the effects at the other end of the social spectrum have been quite spectacular. The incredible concentrations of wealth and power that now exist in the upper echelons of capitalism have not been seen since the 1920s. The flows of tribute to the world's major financial centres have been astonishing. What, however, is even more astonishing is the habit of treating all of this as a mere and some instances even unfortunate byproduct of neoliberalization. The very idea that this might be--just might be--the fundamental core of what neoliberalization has been about all along appears unthinkable. It has been part of the genius of neoliberal theory to provide a benevolent mask full of wonderful-sounding words like freedom, liberty, choice, and rights, to hide the grim realities of the restoration or reconstitution of naked class power, locally as well as transnationally, but most particularly in the main financial centres of global capitalism."


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07 June, 2012  

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