Neoliberalism and the Paralysis of Human Rationality

  • The neoliberal character rests on the credo—>There is no alternative.< There is no alternative to deregulation, free trade, individual entrepreneurship, and competition. This is believed by economists and intellectuals as the only way for humanity to be liberated from the feudal past. It is argued that this new economic liberalism reclaims the lost humanity of man. It is therefore through neoliberal perspectives that freedom and human creativity are realized. There is no other way but to engross oneself in this economic mainstream as transnational companies, through the help of IMF and the WB, continuously occupy the social sphere. Economically, as individuals adapt to this capitalist mainstream, they assimilate their environment in accordance to the character matrix predominantly enforced by neoliberal apologists. Consequently, human potentialities are being absorbed into a system controlled by the very socio-economic apparatuses of modern society. Human reason becomes its very instrument as it is refashioned into a reified system of thinking. Human consciousness is captured in a single dimensional space propagated by this liberal economy. Individual growth, creativity, spontaneity, and productivity are all incorporated and hobbled in order to transmit the structures of neoliberal paradigm.

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Author:Ian Raymond B. Pacquing
Parent Title (English):Kritike, Vol. 10, pp. 146-162.
Document Type:Articles
Year of first Publication:2016
Release Date:2022/05/04
Format:PDF-file to download
Writings about Erich Fromm (Secondary Literature):Articles / Artikel
Erich Fromm's Library and Erich Fromm Archive:Articles / Artikel
Licence (German):
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