NeoLiberalism 101

media economics, political-economy of media, critical theories

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Neoliberalism and the Disappearance of the “Public”

March 11th, 2008 · No Comments

The extent to which neoliberal ideology penetrate our society has a direct and linear relationship with blackwhite2006-07-23_1.jpgthe disappearance of noncommodified and un-marketable spheres of life. As the logic of neoliberalism dictates efficiency, maximum profits and capital accumulation, maximum production and consumption, public spheres are increasingly either commodified or abandoned. It’s just a question of time before we say goodbye to nearly all form of public spheres ; institutions such as public schools and universities will be declared as open investment spheres; non-commercials public or community broadcasting stations, will be considered as unproductive spheres, and hence their airspace frequencies should be reallocated for profit-seeking broadcasting companies. In a parallel move, the State, on one hand, increasingly abandons its social investment in health, education, and public welfare on one hand, but, on the other hand, increasingly strengthening its policing function to punish rather than to serve the poor, intensifying the use of repressive State apparatuses to clean up streets from beggars, vendors, and other “penyakit masyarakat” (a term uses by bureaucrats for “society’s diseases”, such as prostitutes, etc.). Such phenomena also applies in political spheres as votes and political authorities can be bought and sold in the market, and as a new “mode of power production” (the circuit of money – power – more money – more power) begins more common and visible, which in turn lead to a condition whereby the State closely aligned with capital. Gone are the days when public could control political processes on issues affecting their life. Soros says, democracy will not survive neoliberal free market.

Tags: political economy · political-economy of media