

George Monbiot Meets Nish Kumar - The Secret History of Neoliberalism
62 snips May 28, 2024
George Monbiot and Nish Kumar delve into the dark history of neoliberalism, exposing its impact on society and the economy. They discuss the rise of a wealthy elite, the flaws of trickle-down economics, privatization's effects, and the need to challenge neoliberal narratives. The conversation also touches on entrepreneurship, political stances, redefining leadership, and driving change for a better future.
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Origins: Capitalism's Answer To Democracy
- Neoliberalism emerged as capitalism's response to democracy and aims to neutralize democratic constraints on capital.
- Its architects reframed state power to protect capital, not to expand public welfare.
Mount Pelerin Network Buildout
- Wealthy backers funded a network of think tanks, journals and stealth influencers to promote neoliberal ideas.
- They waited decades, refined the message, and built an international neoliberal network starting from the Mount Pelerin Society.
Strategic Patience Paid Off
- Neoliberal strategists bided their time until Keynesian social democracy weakened in the 1970s.
- Milton Friedman admitted they waited for the moment to step in and implement their agenda.