Market Stalinism

The phrase ‘anti-globalization movement’ is a coinage of the US media and activists have never felt comfortable with it. Insofar as this is a movement against anything, it’s against neoliberalism, which can be defined as a kind of market fundamentalism—or, better, market Stalinism—that holds there is only one possible direction for human historical development. The map is held by an elite of economists and corporate flacks, to whom must be ceded all power once held by institutions with any shred of democratic accountability; from now on it will be wielded largely through unelected treaty organizations like the IMF, WTO or NAFTA. In Argentina, or Estonia, or Taiwan, it would be possible to say this straight out: ‘We are a movement against neoliberalism’. But in the US, language is always a problem. The corporate media here is probably the most politically monolithic on the planet: neoliberalism is all there is to see—the background reality; as a result, the word itself cannot be used. The issues involved can only be addressed using propaganda terms like ‘free trade’ or ‘the free market’.