How we built the neoliberal #Deathcult

For most people, the crisis feels recent. Housing costs. Energy bills. Food prices. Debt. Insecure work. Growing inequality. Endless wars. Ecological breakdown. The #mainstreaming story is that these are separate problems with separate causes. COVID. Ukraine. China. Immigration. Technology. Bad politicians. The reality is simpler, these crises grow from the same roots – the moment things changed, one graph tells the story. From the end of World War II until roughly the early 1970s, productivity and wages rose together. When workers produced more value, they received a larger share of that value. This was not charity. It was the social settlement that emerged from the disasters of the Great Depression and World War II. Governments understood that if ordinary people could not afford the goods they produced, capitalism would repeatedly collapse into crisis. The answer was public investment, strong unions, social housing, public infrastructure, public healthcare, education, and rising…