The Long Con of Neoliberalism

The Long Con of Neoliberalism
AP Photo/Kathy Willens, File

Liberal democracy is one of those formulaic terms that all too easily evaporate into the realm of grand abstractions: the American Dream, the Free World, the Right Side of History. Yet those two words succinctly capture the tension between individual freedom and communal well-being that has animated American politics since the nation's founding. Various ways of balancing that tension have surfaced throughout US history: legal principles and practices, lists of inalienable rights, government structures and procedures, legislation in response to civil war and social upheaval.

Since World War II and the Cold War, liberal democracy has described the package of balances most appealing to transatlantic elites. The term has served as an authentic conceptual counter to the spurious “people's democracies” spawned by dictatorships of right and left, as well as a handy label for the kind of society anyone would (allegedly) want, if given the opportunity—pluralistic, formally democratic, open for business. The end of the Cold War and the collapse of the Soviet Union only reinforced the common assumption among foreign policy elites that longings for liberal democracy were universal and irresistible.1

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