Neoliberalism isn't an economic program - it's a political program designed to produce hopelessness and kill any future alternatives.
David GraeberAdam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.
David GraeberStudent loans are destroying the imagination of youth. If thereโs a way of a society committing mass suicide, what better way than to take all the youngest, most energetic, creative, joyous people in your society and saddle them with, like $50,000 of debt so they have to be slaves? There goes your music. There goes your culture. There goes everything new that would pop out. And in a way, this is whatโs happened to our society. Weโre a society that has lost any ability to incorporate the interesting, creative and eccentric people.
David GraeberCapitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.
David GraeberStates created markets. Markets require states. Neither could continue without the other, at least, in anything like the forms we would recognize today.
David GraeberTraditional hedonism...was based on the direct experience of pleasure: wine, women and song; sex, drugs and rock 'n' roll; or whatever the local variant. The problem, from a capitalist perspective, is that there are inherent limits to all this. People become sated, bored...Modern self-illusory hedonism solves this dilemma because here, what one is really consuming are fantasies and day-dreams about what having a certain product would be like.
David Graeber