[A much larger and politically challenging version has appeared in Economic and Political Weekly, 14 July, 2018]
The neoliberal turn
My own
view is that it is misleading, both historically and politically, to cite
classical fascism to understand the recent rise of despotic and demagogic
political leaders, and their typically reactionary fundamentalist organizations.
As discussed so far, several crucial factors rule out any significant material
similarity with original fascism: (1) global dominance of neoliberal capital
after the breakdown of the Bretton Woods regime; (2) continuation of significant
prosperity of developed economies with US in the lead, (3) almost total absence
of any form of socialist or communist resistance. In a strong sense, the
structure of political economy, especially in the West, is directly opposite of
the conditions in Weimar republic in the 1920s.
The combined effect of these factors has led to an
unrestricted capitalist world order in which astronomical increase in
concentration of wealth has fostered unprecented inequality. As a result, even
though the capitalist ruling classes are secure in their historical role unlike
German big business in 1920s, increasing sections of the impoverished masses
are beginning to be restive without access to classical forms of resistance. The
global scale of concentration of wealth, and the absence of structured mass
resistance to it, have created historically novel conditions of class war. As
desperate sections of impoverished masses are trying to find new forms of
resistance, conventional democratic forms are beginning to collapse.
Thus, to sustain the immensely unequal neoliberal order, new
forms of authoritarian rules have emerged to control the restive masses within
the structure of formal democracy, wherever available. It stands to reason that
deeply inegalitarian societies, devoid of progressive forms of mass resistance,
will exhibit sharpened forms of existing regressive fissures and conflicts
inherited from their cultural history. It is no wonder that essentially
unpopular authoritarian regimes will try to exploit these regressive conflicts—by
promoting one side and intimidating others—to forestall united resistance. The
character of these cultural aspects naturally varies widely across national
communities, and within communities: Hindu vs Muslim vs Sikh in India,
Immigrants vs blacks vs whites in the US, etc. It is natural that some of these
regressive forces draw their inspiration from the cultural history of fascism
and display some of its cultural practices expressed in looks, attitudes,
ill-concealed feelings, ‘dislocation of language,’ and the like.
Much of the dynamics of this new neoliberal order is
poorly understood. Therefore, conventional political thinking is often stumped
with ‘surprising’ developments in the otherwise familiar post-Bretton Woods
world order. Sometimes entire populations are characterised as racist, even fascist,
if political outcomes do not match elite liberal expectations. In my view, the
inability of the intellectuals to fully understand the political meaning of
these new authoritarian forms leads to facile reference to handy historical
precedence such as European fascism. Appeal to fascism by current political
commentators is akin to the appeal to ‘dark matter’ by physicists; both appeals
are expressions of ignorance.
Moreover, the neoliberal scenario, while causing
progressive impoverishment of vast masses of people, has also given rise to a
wealthy and powerful body of intelligentsia in the emerging ‘knowledge’-order. It
not only includes establishment intellectuals directly serving the neoliberal
order, but also a powerful section of elite left-liberal intellectuals who
offer critiques of the order in an otherwise subservient academia. They enable
the neoliberal order to highlight its sanctioned free democratic space. Given
their elite location, it is plausible to infer that, as a subclass, they are
not only unaffected by the neoliberal growth in inequality, they are in fact
beneficiaries of the system. In that sense, their concerns about democracy and
justice are far removed from the concerns of the basic masses.
As a consequence, they are likely to make fine
distinctions within the ruling order to mark their progressive preferences:
distinction between Microsoft and Monsanto, and Obama-Hilary and Trump in US;
between Tata and Ambani, or Indira Gandhi or Narendra Modi, in India. Since the
opposing ‘signifiers’ agree on the basic material order, intellectual attention
is naturally focused primarily on the regressive cultural aspects of authoritarian
regimes. In some cases, these regressive forces might even disturb the
comfort-zone of the elites, such as attacks on freedom of speech, imposition of
archaic rituals, or vilification of dissenters.
This is the general global picture in the 'democratic' world. Following Dimitrov's advice that the conditions in each country must be specifically investigated to understand the character of power, we turn briefly to the Indian scene in the next concluding section.
(To be concluded)
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