Young people refuse the notion that financialization defines the only acceptable definition of exchange, one that is based exclusively on the reductionist notion of buying and selling.

Of course, the new domestic paramilitary forces will also undermine free speech and dissent with the threat of force while simultaneously threatening core civil liberties, rights and civic responsibilities.

But we need more than a broader understanding of what is a good society or a moral and political critique of the existing market fundamentalism engulfing American society, we also need to create new forms of solidarity, new and broad based social movements that move beyond the isolated and fractured politics of the current historical moment.

Violence, with its ever-present economy of uncertainty, fear, and terror, is no longer merely a side effect of police brutality, war, or criminal behavior. It has become fundamental to neoliberalism as a particularly savage facet of capitalism. And in doing so it has turned out to be central to legitimating those social relations in which the political and pedagogical are redefined in order to undercut possibilities for authentic democracy.

The structures of neoliberal violence have put the vocabulary of democracy on life support, and one consequence is that subjectivity and education are no longer the lifelines of critical forms of individual and social agency.

We're talking about race. It's ideology, it's a mode of policy. It's a practice. And it intertwines with class in a very specific way to create something very distinctive that we see now being legitimated in the United States by fascists who absolutely are unapologetic about what they're saying.

I think the other side of this is in this balance between the social state and the punishing state, remember, the social state has been decimated. And the question becomes, how is finance capital, how does the 1 percent now resort to governing? And they govern basically through a form of lawlessness and what I call the punishing state, in which we've had a punishment creep, and now it moves from the prison to almost every institution in society, from airports to schools to social services.