11.12.2012 Views

art-e-conomy _ reader - marko stamenkovic

art-e-conomy _ reader - marko stamenkovic

art-e-conomy _ reader - marko stamenkovic

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Jim McGUIGAN<br />

Neo-liberalism, Culture and Policy<br />

Introduction<br />

We live in an age of neo-liberal globalisation. This is a profoundly hegemonic<br />

condition, though not without contradictions and resistances. What are the relations<br />

between a global process of neo-liberalisation and culture in both general and p<strong>art</strong>icular<br />

senses? Is it even feasible to pose such a wide-ranging question at all in a complex<br />

and baffling world? In what follows I will make some preliminary observations that do<br />

not by any means exhaustively cover the various aspects of neo-liberalism, culture<br />

and policy but are intended to open up debate.<br />

Neo-Liberal Globalisation<br />

How should we characterise and name the present condition? There is no shortage of<br />

candidates, such as ‘the global age’, ‘the information age’, not to mention the variants<br />

of ‘modernity’ and ‘postmodernity’. Recently, the term ‘neo-liberal globalisation’ has<br />

been used increasingly by critics and activists. This may be an offputting nomination<br />

for many since it seems to imply a reduction to political e<strong>conomy</strong> and the dreaded<br />

economic determinism of classical Marxism. However, the emphasis on neo-liberal<br />

globalisation does have the distinct virtue of avoiding the kind of cultural reductionism<br />

that is so prevalent in social analysis today.<br />

Neo-liberalism refers to the extraordinary ‘revival of doctrines of the free market’<br />

(Gamble, 2001: 127) over the past thirty years. The free-market revival coincided<br />

with the crisis of Fordist capitalism during the 1970s and the subsequent collapse<br />

of soviet communism. Transferring manufacture from richer to poorer countries,<br />

reducing the social wage, expanding global business and speeding up communications,<br />

all contributed to the victory of market ideology and practice in the recent period.<br />

Incidentally, the new international division of labour generally encompasses a new<br />

international division of cultural labour whereby capital ruthlessly seeks out cheap<br />

sources of production for making films and the like (Miller et al, 2001). The IMF<br />

(International Monetary Fund), the World Bank and the WTO (World Trade Organisation)<br />

all subscribe to neo-liberal doctrines of ‘free trade’, privatisation and deregulation.<br />

And, from a cultural policy point of view, the operations of GATS (General Agreement<br />

on Trade in Services) and TRIPS (Trade- Related Intellectual Property Rights) are of<br />

cardinal importance.<br />

It is vital to appreciate the historicity of neo-liberalism and to remember that not<br />

long ago such rabid capitalism was thought to be untenable both economically and<br />

with regard to social cohesion across the political spectrum from left to right. As well<br />

as changing structural conditions in global e<strong>conomy</strong> and governance, neo-liberalism<br />

127

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!