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Neoliberalism

Neoliberalism sees competition as the defining characteristic of human relations. It redefines citizens as consumers, whose democratic choices are best exercised by buying and selling, a process that rewards merit and punishes inefficiency. It maintains that “the market” delivers benefits that could never be achieved by planning*.

Personally I feel like a child of the era of so called neoliberalism and still believe that eradicating inefficiencies is the first part of the answer, even if we still seem to be lacking the full answer to all the needs of the upcoming era of super productivity and hyper concentration of capital. The world in 2017 still lacks complete answer and this is one of the key areas for further development, as the world needs a complete answer that works globally. In the next year we particularly need to find answer to a decade old question: how to achieve fair redistribution without punishing hard work or high risk investments?

* George Monbiot Friday 15 April 2016 12.00 BST https://www.theguardian.com/books/2016/apr/15/neoliberalism-ideology-problem-george-monbiot