Tuesday, June 14, 2016

The Tyranny of the Economic Imperative: draft notes





Modern democratic capitalism has been abandoned by gods and in their place has entwined with the unquestioned doctrine of economics. The driving principle of spectacular neoliberalism is that economic factors are all that matters. Aspirations of happiness have been slowly replaced by economic security, which has in turn fuelled selfishness and isolation. The new priests are those who work in political and economic think-tanks, statistics, advertising, marketing, PR and of course finance. The magic tricks of financial manoeuvring and persuasion have created a society in the UK where very little is actually produced, yet the population is largely employed in meaningless and unnecessary work. People are not stupid and are not really being conned … they have consciously chosen this path for their own security and fear of being side-lined.

The economic imperative simply reduces society to statistics, completely subsuming the individual and community. In the mainstream political sphere, all that matters are the statistical figures for public spending, reducing unemployment, keeping interest rates low, controlling inflation and, most of all, the unchallenged quest for economic growth. The notion of why economic growth is necessary at all is never questioned.

The wealthy become even more rich by buying up public assets and land because government says that is the financial, philosophical and ideological direction … but most of all because it is how economics demands society will run. The privatisation of public services and public space means that government has very little say when things go wrong and the economic imperative has created a grotesque elite who are beyond law, justice and responsibility.

This economic free-for-all is at the expense of society, environment, community and commonality. Of course, this is just the constantly shifting face of capitalism and is another adaptation of feudalism, agrararian and industrial revolutions, post-scarcity economics etc.

While the government uses the totem of reducing the National Debt to cut spending, ironically the economic imperative requires an opposite phenomenon, that of personal debt. Public spending must be offset by personal borrowing to sustain commodity fetishism and consumerism. Personal debt in the UK is astonishing, on average over £50,000 per person. And yet, the National Deficit still continues to increase, contributing to the staggering National Debt. Personal and National Debt are the trophies of the economic imperative, ensuring the shackles of debt will continue for generations and nothing can substantially change.

The economic imperative is about managing expectations, subtly ensuring continued consumerism, and the ideal of building personal wealth and security at any cost. Conscience can quite literally be bought now through the industry charity industry, which is now an integral cog in the economic machinery.

The chance to create a new world in which society is based on individual people, real community, mutual aid and solidarity, and harmony with the environment demands a terrifying leap of faith. It means a rejection of the economic imperative and ultimately the destruction of capitalist financial structures. This may be utopian, but economics and financial theories are actually just that, they are a house of cards and it really does just need enough people to see that the emperor has no clothes.

It is unlikely that mainstream society could ever break from this spell, largely due to fear by individual people about their lifestyle and survival. Ironically, while the economic imperative reduces society to a homogenous group, individuals have become selfish, self important and self-centred because of the nature of media and culture, shallow affluence, and fear of anything that threatens their world. Rarely, have so many people been so narrow minded and certain that they are never wrong: in some ways this is a recipe for disaster as a society that has no mutual respect, but commodity rich isolation is exactly what the economic imperative demands.

Ridicule is nothing to be scared of. AntiClockWise has no blueprint for an alternative society, has nothing to demand of anyone and will not speak for others. The strongest urge is just to dance on the ruins that will surely come and yet there is a fascinating temptation to develop the critique of the economic imperative to try to envisage a different world where everyone can flourish as a creative individual within a society that is based on mutual aid, respect for others and the environment, and solidarity.

People basically need shelter, clothing, food and water. The prevailing economic imperative understands this. Spectacular society can take basic human needs and create a consumerist market for these, as well as the secondary needs such as health, transport, education etc. Housing has become the central tenet of most people’s lives and the economics of supply and demand lead to this becoming a lifetime goal … not only in finding shelter, but in ensuring it is spectacularly furnished. Clothing simply becomes the fashion industry. Food and drink are turned into a dazzling selection of never-ending evolving variations on a theme that are slowly killing us. Secondary and tertiary needs are much more easily embraced by marketing gurus and privatisation to create wealth from nothing. Of course, the actual production is done beyond the UK so we cannot see the working classes being exploited – shopping in Primark or Waitrose is easy because very few of those cheap items have been made or grown by people in the UK, despite the fact that they either could quite easily be or are items that can easily be done without.

The built environment must be created to reflect the real needs of those who live there. Every individual has different needs so communities will be very different from those we are used. Everyone shall live in their own cathedral still has a powerful resonance. The person who wants to live a quiet hermit existence is as important as the person who wants to dance, drink and sing every day.

The economic imperative is based on the work ethic, yet most work is utterly pointless. The tasks that are important, such as medical care, transport links, sewage and rubbish disposal are best led by those who are trained to do these jobs, in workers councils, while the free time everyone will have can be used to support them and share skills to ultimately end specialisation. People should not have to travel for hours just to work at a task that is not needed, nor should they have to work unhealthily long hours. Time freed by not doing useless tasks and striving for unnecessary goals could be used to play, to learn and to love. Food can be grown and distributed by each community of individuals according to its needs, not what the economic imperative demands.

Land in private hands needs to be seized. The environment must be respected and embraced so that is can sustainably support us. Consumption will be limited to the essentials for survival, with real life replacing commodity life. The creative, intellectual and practical potential of everyone must be allowed to run wild. Government, borders and states will ultimately be irrelevant.


It may seem daunting to experiment with ideas of a society beyond the smoke and mirrors of 21st century political ideology, but denying the economic imperative can liberate the constraints of imagination. Once the barriers of fear are removed, then it is possible to think the unthinkable about the abolition of work, the end of money etc. The possibilities are endless …

No comments:

Post a Comment