David Harvey, “Neoliberalism as Creative Destruction”; Robert W. Cox, “Global Perestroika”


Elayne Guzman

David Harvey, “Neoliberalism as Creative Destruction”; Robert W. Cox, “Global Perestroika”
Neo-liberalism as Creative Destruction”; Robert W. Cox
Quote:
To turn the neoliberal rhetoric against itself, we may reasonably ask, in whose particular interests is it that the state take a neoliberal stance and in what ways have those interests used neo-liberalism to benefit themselves rather than, as is claimed, everyone, everywhere”

Meaning:
For Harvey, neo-liberalism is a theory of political economic practices that human well being can be advanced by the maximization of entrepreneurial freedoms within an institutional framework characterized by private property rights, individual liberty and free trade. Harvey states that there was a drastic shift in the share of income and wealth away from labor and secondly, politically, that neo-liberalism was a reaction to the rising social movements of the 1960’s and 1970’s. Harvey called this shift of share “The restoration of class power”, neo-liberalism was from the beginning an Endeavour to restore class power tp the richest strata in the population.

Chosen:
I chose this quote because neo-liberalism has played its part in financial meltdown and it has redefines citizens as consumers. Neo-liberalism has been criticized for giving markets too much power of our lives. It has the effects as “the rich grow richer and the poor grow poorer”, a sad and true reality.       

Global Perestroika” by Robert W. Cox

Quote:
“Those of us who abhor the social and political implications of the globalization project must study its contradictions in order to work for its eventual replacement.”

Meaning:
Globalization is a control mechanism, available to those states with the resources to be able to engage in it via capitalism, while globalization can contribute to interdependence, the tow concepts are not identical, indeed, globalization can just as likely generate relationships of dependence and reinforce inequalities in the international system. It’s not a true sense of what Cox envisions as internationalism and will not work towards a fair system that all can participate in.

Chosen:
I chose this quote because I believe that globalization is the context that has is the context that has altered the balance of class forces in the advanced industrial societies, and in turn this alteration has been to the detriment of those thought to be advantaged by it. Globalization it’s asserted, viewing globalization as a feature of the demise phrase oblique us to interpret it as an outcome of processes that have been operating for much longer than the last two or three decades.  


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