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The Hegemony of Progressive Neolib- eralism Prior to Trump, the hegemonic bloc that dominated American politics was pro- gressive neoliberalism. That may sound like an oxymoron, but it was a real and powerful alliance of two unlikely bedfel- lows: on the one hand, mainstream lib- eral currents of the new social movements (feminism, antiracism, mul- ticulturalism, environmentalism, and LGBTQ+ rights); on the other hand, the most dynamic, high-end, "symbolic," and financial sectors of the US economy (Wall Street, Silicon Valley, and Holly- wood). What held this odd couple together was a distinctive combination of views about distribution and recogni- tion.

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    Kevin in Alaska (feelnotes@alaskan.social)'s status on Thursday, 07-Nov-2024 18:37:44 JST Kevin in Alaska Kevin in Alaska
    in reply to

    Fraser observes that for the last half century there was a broad, mostly bipartisan consensus about these two ideological dimensions of *recognition* and *distribution*

    The conventional wisdom was that all members of society deserve institutional respect, but that meritocratic/capitalist logic should ultimately determine the “fair” apportionment of resources. This is multiculturalism, but with free markets. Black capitalism. Lean-in feminism. In other words, progressive neoliberalism.

    In conversation Thursday, 07-Nov-2024 18:37:44 JST from alaskan.social permalink
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