Neoliberalism is a Conspiracy of the Rich

Look into the subject with an open mind, and if you are like me, you will find that it is hard to come to any other conclusion – Neoliberalism is conspiracy instigated by the very rich, to favour the economic interests of the very rich against the interests of everyone else.

Since the late 1970’s the paid and unpaid agents of the super rich have spread idea that economies have to be broken down into a free market scenario that favours big corporations (the shares of which just so happen to be mainly owned by the rich). All elements of society that are not compatible with free markets come under threat – even when these things are actually very positive and productive.

  • Taxes are lowered* (in favour of the very rich)…(* lowering taxes is no bad thing as such, but it can only be done without hurting the poor where governments have alternative sources of income such as state owned land, industries, businesses or natural resources such as coal and oil etc)
  • Trade barriers are removed (for the benefit of the very rich)…
  • Public social services are reduced or eradicated (the very rich don’t need them)…
  • Price controls are ended (so the very rich can overcharge you when they achieve monopolistic hegemony over a service or type of product)…
  • Nationalized utilities and industries (owned by the public and run on their behalf by the government) are sold (so the very rich can buy them up)…
  • Popularly elected rulers are dis-empowered (because these serve the people), whilst powerful, unelected, greed based corporations are empowered (because these serve the very rich who are their major shareholders)…

In short through the imposition of the Neoliberal pestilence a social democratic or socialist society is dismantled to be rebuilt in a way that facilitates the rape of that country’s wealth by the very rich.

Say goodbye to the welfare state, public libraries, national health services, public water, electricity, gas, post, rail etc… only a skeleton of the infrastructure of government services will eventually remain… and these will be only those parts that serve the corporations and stop society from completely disintegrating (such as state schooling which makes new human cogs for the capitalist machine).

What sort of democratically empowered electorate in its right mind would accept such harmful and detrimental changes?

A. Ones which receives massive propaganda from sources owned by the very same extremely rich people who will benefit from Neoliberalism…

B. Ones which are going through “shock therapy” imposed upon their poor “over the barrel” selves by the ever so harmful International Monetary Fund and its evil twin the World Bank (institutions which serve the interests of the very rich and con and bully cash strapped nations like international loan sharks)…

…and what happens as a result of this “shock therapy” during which a countries services are destroyed and its assets are stripped?

1. The pre-existing social democratic or socialist structure of that society is broken down, its social safety nets are removed, people plunge into the darkness of this so-called “therapy”.

2. Families break up, suicide spirals, many people turn to drugs and alcohol, many people are stunned and afflicted by learned helplessness, many people lose the ability to access the resources needed to live their lives even with very basic normal standards. Everything is broken up, the average person is weakened and their honour and self esteem are reduced. They become less dignified and more animalistic…

…and into this deliberately created wasteland stride the monstrous capitalist corporations which suck up local human and material resources like gigantic hoovers, using the local working populations as wage slaves not as free dignified human beings…

…and because the workers always have the threat of being replaced by someone from the ever present pool of the harassed, abused, under-supported and ritually insulted unemployed masses, they will accept all sorts of indignities that their grandparents in the social democratic and socialist era were never expected to suffer…

…and traditional working hours are replaced with whatever hours suit the companies and the workers accept it, pleased just to have a job…

…and the weekend and traditional holidays are no longer sacrosanct and the workers accept it, because they have no choice…

…and pay rates are steadily reduced (in real terms) so the workers willingly seek out overtime to try to make a decent living or just to keep out of bankruptcy…

…and women are forced, by their poverty into the workplace (usually into less well paid and less pleasant jobs), whether they like it or not (the option of being a homemaker becoming a choice only accessible to those who can afford it)…

…and people in workplaces are disciplined for being ill, or are fired for it, even though they have doctors notes, and no one cares and no union has the power to resist this state of affairs because unions have been thoroughly weakened…

and the rich get richer and the poor get poorer, because Neoliberalism only works for the rich. It only ever worked for the rich in the past and it will probably only every work for the rich in the future…

5 Commonly Identified Evils of Neoliberalism

1) The evil and harmful “rule of the market” as opposed to the rule of the benevolent.
2) The great evil of cutting expenditures for public-social services when people are in need.
3) The evil of deregulation in ways that only usually favour big business.
4) The great evil of privatization (otherwise known as national asset stripping).
5) The immense evil of downplaying the ideology of public benevolence and community.


Neoliberalism Unmasked


“Neoliberal democracy in a nutshell: trivial debate over minor issues by parties that basically pursue the same pro-business policies regardless of formal differences and campaign debate….The neoliberal system therefore has an important and necessary byproduct – a depoliticized citizenry marked by apathy and cynicism” – Noam Chomsky


“For developing countries, free trade has a rarely been a matter of choice; it was often an imposition from outside, sometimes even through military power. Most of them did very poorly under free trade; they did much better when they used protection and subsidies. … Neo-liberal free-trade free-market policy claims to sacrifice equity for growth, but in fact it achieves neither; growth has slowed down in the past two and a half decades when markets were freed and borders opened.” – Ha Joon Chang


“In some respects the caliber of debate and choice in neoliberal elections tends to be closer to that of the one-party communist state than that of a genuine democracy.” Robert W. McChesney


“The very design of neoliberal principles is a direct attack on democracy.” ― Noam Chomsky


“This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.” Tariq Ali


“Neoliberalization has not been very effective in revitalizing global capital accumulation, but it has succeeded remarkably well in restoring, or in some instances (as in Russia and China) creating, the power of an economic elite. The theoretical utopianism of neoliberal argument has, I conclude, primarily worked as a system of justification and legitimation for whatever needed to be done to achieve this goal.” David Harvey


“NGOs have a complicated space in neoliberal politics. They are supposed to mop up the anger. Even when they are doing good work, they are supposed to maintain the status quo. They are the missionaries of the corporate world.”  ― Arundhati Roy


… In sum, the Neoliberal Revolution seeks to achieve in Europe what the United States has achieved since real wages stopped rising in 1979: doubling the share of wealth enjoyed by the richest 1%. This involves reducing the middle class to poverty, breaking union power, and destroying the internal market as a precondition.” – Michael Hudson


The wealth creators of neoliberal mythology are some of the most effective wealth destroyers the world has ever seen.”  – George Monbiot


“Deregulation has been, above all else, a means of reducing corporate business’s accountability to the public.” -Herbert Schiller


“The management of the New York fiscal crisis pioneered the way for neoliberal practices both domestically under Reagan and internationally through the IMF (international monetary fund) in the 1980s. It established the principle that in the event of a conflict between the integrity of financial institutions , on one hand , and the well-being of the citizens on the other, the former was to be privileged .it emphasized that the role of the government was to create a good business climate rather than look to the needs and well-being of the population at large.” – David Harvey


“Americans are gathering the courage to just say no. We are saying no to addictive consumer lifestyles. We are saying no to wars and corporate takeover and the IMF loans that gobble up people and their resources.– Cynthia McKinney

“Deregulation freed corporations from legal constraints, and privatization empowered them to govern areas of society from which they had been previously been excluded. By the end of the century, the corporation had become the world’s dominant institution.” – Joel Bakan

“Kuttner then enumerates the limitations of markets. Deregulation of airlines, for example has led both to a loss of service and to higher average fares. Nor are free markets really free. They come to be dominated by giants, like Time Warner and Rupert Murdoch.” – Richard Gwynn

“It is really quite amazing that all of the folks supporting privatization, from the president on down, keep invoking the name of my grandfather, Franklin Delano Roosevelt.” – James Roosevelt
“Privatisation does not mean you take a public institution and give it to some nice person. It means you take a public institution and give it to an unaccountable tyranny. Public institutions have many side benefits. For one thing they may purposely run at a loss. They’re not out for profit. They may purposely run at a loss because of the side benefits. So, for example if a public steel industry runs at a loss it’s providing cheap steel to other industries. Maybe that’s a good thing. Public institutions can have a counter cyclic property. So that means that they can maintain employment in periods of recession, which increases demand, which helps you to get out of recession. Private companies can’t do that in a recession. Throw out the work force because that’s the way you make money.” – Noam Chomsky

8 thoughts on “Neoliberalism is a Conspiracy of the Rich

  1. Pingback: Stuff Neoliberalism | patricknelson750

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