What I mean by neoliberalism is the political consensus which was established by Thatcher and Reagan which governs with the following principles:
- Deregulate markets, in the belief that government regulation makes business less efficient, and that the market will self-correct when it needs to
- privatize everything, in the belief that the market is intrinsically more efficient than government
demolish """reform""" the welfare state, in the belief that access to benefits encourages people to be lazy and not seek work- cut back labour rights and diminish the power of unions, in the belief that doing this encourages job growth by encouraging employers to take on more staff in the knowledge that they can get rid of them easily if they don’t work out.
In the interests of brevity, I won't go into why (if anyone wants to have it out with me, do a quote reply and I will explain) but needless to say I would describe the above as, in broad terms, a massive pile of abhorrent trash that doesn't do what it says it does and that needs to fuck off into the dustbin of history with immediate effect.
In light of that, framing this as being a dispute about open vs closed markets or trade liberalism and globalization or some other bullshit is to miss the point of the objections massively.
No one gives a fuck about markets, because no one other than a very small number of people will ever see the supposed benefits. It's about capital; who owns it and where the wealth our economy generates actually goes. It's called 'capitalism', not 'marketism'.