The Fee Hand of the Market 0
John Naughton takes on the neoliberal con that the market is not just everything, that it is the only thing. A nugget:
The crassness of neoliberalism lies in its insistence that markets represent the only way of making them. Hence the belief that one can make organisations such as the NHS or the BBC more “efficient” by introducing “internal markets” of the kind that John Birt tried in the BBC during his tenure as director general, with results that were sometimes beyond parody.
In that sense, the evangelical neoliberal is like the mythical tradesman who only possesses a hammer and is therefore condemned to treating everything as if it were a nail.
