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The neo-liberal consensus is coming apart

By Jeffrey Tucker - posted Monday, 21 October 2024


They say that there are existential problems that require the overthrow of the nation-state model of governance. They have a list: infectious disease, pandemic threats, climate change, peacekeeping, cybercrime, financial stability, and the threat of instability, and I'm sure there are others on the list that we've yet to see. The idea is that these are necessarily worldwide and evade the capacity of the nation-state to deal with them.

We are all being acculturated to believe that the nation-state is nothing but an anachronism that needs to be supplanted. Keep in mind that this necessarily means treating democracy and freedom as anachronisms too. In practice, the only means by which average people can restrain tyranny and despotism is through voting at the national level. None of us have any influence over the policies of the WHO, World Bank, or IMF, much less over the Gates or Soros Foundations. The way politics is structured in the world today, we are all necessarily disenfranchised in a world governed by global institutions.

And that is precisely the point: to achieve universal disenfranchisement of average people so that the elites can have a free hand in regulating the planet as they see fit. This is why it becomes supremely urgent for every person who aspires to live in peace and freedom to regain national sovereignty and say no to the transfer of authority to institutions over which citizens have no control.

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Devolving power from the center is the only path by which we can restore the ideals of the great visionaries of the past like Thomas Jefferson, Thomas Paine, and the entire generation of Enlightenment thinkers. In the end, governing institutions must be in citizen control, and pertain to the borders of particular states, or it necessarily becomes tyrannical over time. As Murray Rothbard put it, we need a world of nations by consent.

There are plenty of reasons to regret the collapse of the neo-liberal consensus and a strong rationale to be concerned about the rise of protectionism and high tariffs. And yet what they called "free trade" (not the simple freedom to buy and sell across borders but rather a state-managed industrial plan) also came at a cost: the transference of sovereignty away from the people in their communities and nations to supranational institutions over which citizens have no control. It did not have to be this way but that is how it was constructed to be.

For that reason, the neo-liberal consensus built in the postwar period contained the seeds of its own destruction. It was too dependent on the creation of institutions beyond people's control and too reliant on elite mastery of events. It was already crumbling before the pandemic response but it was the Covid controls, nearly simultaneously imposed all over the world to underscore elite hegemony, that exposed the fist under the velvet glove.

The populist revolt of today might someday appear as the inevitable unfolding of events when people become newly aware of their own disenfranchisement. Human beings are not content to live in cages.

Many of us have long predicted a backlash to the lockdowns and all that was associated with them. The full scale of it none of us could have imagined. The drama of our times is as intense as any of history's great epochs: the fall of Rome, the Great Schism, the Reformation, the Enlightenment, and the fall of the multinational empires. The only question now is whether this ends like America 1776 or France 1790.

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This article was first published by The Brownstone Institute. It is published using a Creative Commons 4.0 International Licence.



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About the Author

Jeffrey Tucker is Founder, Author, and President at Brownstone Institute. He is also Senior Economics Columnist for Epoch Times, author of 10 books, including Life After Lockdown, and many thousands of articles in the scholarly and popular press. He speaks widely on topics of economics, technology, social philosophy, and culture.

Creative Commons LicenseThis work is licensed under a Creative Commons License.

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