At a launch of his new book Out of the Wreckage, jointly
organised by the Five Leaves
Bookshop
and the Centre for the
Study of Social and Global Justice (CSSGJ) at Nottingham University,
George Monbiot reflected on the possibilities for a new politics in an age of
crisis. In this blog post, I will discuss some of the points he made during
his presentation.
It is big narratives, he argued, which decisively shape reality as a generally accepted common sense. ‘Stories are the means by which we navigate the world. They allow us to interpret its complex and contradictory signals’ (Monbiot 2017). While Keynesianism ruled supreme in the so-called ‘Thirty Glorious Years’ after World War Two, neo-liberal economics has taken over as new master narrative from the late 1970s onwards. The global financial crisis of 2007/2008, however, has made clear that neo-liberalism does not work. And it does not only not work economically for people around the world, it also has moved our planet to the brink of collapse as a result of environmental destruction, an ‘apparently inexorable slide towards climate breakdown’ (Monbiot 2017). How can we not despair in such a situation?
A return to
Keynesianism is impossible, Monbiot pointed out. Partly because politically any
return to a previous situation is difficult, partly because national regulatory
mechanisms, necessary for a Keynesian economy, have been dismantled by
neo-liberalism and partly, and perhaps most importantly, Keynesian economics
built on continuing economic growth can provide no answers in view of climate
breakdown. Instead, we need a new restoration narrative, Monbiot asserted, allowing
us to move beyond neo-liberal economics and Keynesianism alike.
And there is hope, he
pointed out. Human beings are not the individualistic, utility-maximising ‘economic
man’, economists want us to believe. We are much more prone to altruism, to
caring for our fellow human beings. It is on this basis that more generous,
inclusive communities can be established, providing a sense of home. ‘Through
restoring community, renewing civic life and claiming our place in the world,
we build a society in which our extraordinary nature – our altruism, empathy
and deep connection – is released. A kinder world stimulates and normalises our
kinder values. I propose a name for this story: the Politics of Belonging’ (Monbiot 2017). Provided more
resources and power are transferred to communities, much more participatory
cultures can emerge, which in turn will provide fertile ground for this new
type of politics.
To some extent, I am
sceptical about the idea that it is grand narratives, which shape the world.
There are always material interests behind these narratives, which sustain and
disseminate them. Neo-liberal economics is a case in point. When the post-war
compromise around Keynesian economics had broken down in the 1970s, capital and
here in particular large corporations invested heavily in the dissemination of
this new narrative. It is they who have benefitted most from an integrated
global economy with production organised on a transnational scale supported by
a globally integrated financial market.
Moreover, in my view it
is not correct to argue that neo-liberalism does not work. It works perfectly
well for the interests of capital underpinning the narrative. While austerity
implies misery for countless people in countries such as Greece and the UK, it
has facilitated the opening up of public services as profitable investment
opportunities for private capital. In other words, any new grand narrative will
require a material basis able to contest and confront capitalist interests
directly. It is not just narratives, which bring about change, but the social class forces, putting them forward. It is the people who implement and fight for them.
And yet, George Monbiot
implicitly acknowledged this inevitable confrontation. It is his emphasis on
reviving the commons as a core of the new grand narrative, which directly
challenges capitalist private ownership of the means of production. Commons,
which are jointly owned and administered by the community to ensure reasonable returns to everyone in a sustainable way, provide a very
different understanding of how the economy should be organised. Commons cannot
be bought and sold, commons cannot be traded. A move towards the commons will
inevitably imply the expropriation of assets, currently held in private
ownership.
In short, although not
explicitly mentioned in the presentation by Monbiot, there is a clear
understanding of the need to challenge capitalist exploitation, and the shift
to the commons entails a way of how to bring this about. Wider regime change is
possible, he asserted, provided we combine Bernie Sanders’ big organising model
with this novel narrative around a new politics based on communities and the
commons.
This was a hugely
stimulating event, not only because of Monbiot’s excellent talk, but also
because of the large number of around 300 people present from all walks of
life. It is clear that there is a strong appetite for drastic change.
Ultimately, it may be large groups of people like this, who will actively
develop the new narrative which allows us to construct a path Out of the Wreckage!
17 November 2017
Andreas Bieler
Professor of Political Economy
University of Nottingham/UK
Andreas.Bieler@nottingham.ac.uk
Personal website: http://andreasbieler.net
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