Decoding the Culture of Capitalism
Thursday, 28 March 2024 08:34

Decoding the Culture of Capitalism

Published in Cultural Commentary

Nick Wright reviews Neoliberal Culture, edited by Jeremy Gilbert, a challenging collection of essays which exposes the ideological and cultural project behind neoliberalism.

Capitalist realism is a useful concept. It allows an investigation of the ways in which the dominant ideas in contemporary capitalist society possess the power to order the actions and thoughts of working people, even as life and work compels a rejection of those ideas. In exploring this terrain, Neoliberal Culture assembles essays that trace connections between neoliberalism as specific set of ideological and social practices and discrete areas of social life — literary texts and technology, ideologies of consumption and food journalism and pornography and the projection of modes of sexual activity expressive of neoliberal culture. Valuable stuff, and other sections takes us some way towards a fuller critique of contemporary capitalism.

Editor Jeremy Gilbert interrogates Mark Fisher, author of the influential text Capitalist Realism: Is There No Alternative? to map out the ground on which an Anglophone array of cultural theorists consider the relationship between the distinctive features of contemporary capitalism and the cultural practices that characterise it. “The hegemonic field which capitalist realism secures and intensifies is one in which politics has been ‘disappeared’,” Fisher argues. “What capitalist realism consolidates is the idea that we are in the era of the post-political, that the big ideological conflicts are over, and the issues that remain largely concern who is to administer the new consensus.”

The highly provisional nature of such insights is illustrated by the speed at which the politics of capitalist crisis has moved. His suggestion — that the notion of the post-political isn’t just an ideological ruse and that membership of political parties really is declining — is a conclusion subverted by the rapid rise of the new political formations that have emerged in contexts as far apart as the Sanders/Trump polarity in the US, Podemos and its alliance with United Left in Spain and, in Britain, the massive irruption of new forces into Labour politics.

Nevertheless, the problems he identifies must concern the working-class movement and Fisher draws on the experience of Blairism as the paradigmatic example of a “formerly left-wing party surrendering to capitalist realism.” This, he argues, isn’t a wholehearted embrace of neoliberal ideology but rather the acceptance that this is the way of the world, that there is no alternative.

We can argue with some of the terms in which this argument is pitched. Class collaboration, rather than representing a latter-day capitulation to capitalist realism, is itself in the political DNA of social democracy and is, historically, what has distinguished its theoretical apparatus and political practice from an explicitly socialist approach. Indeed, it is precisely social democracy’s failure to challenge the neoliberal narrative — exemplified by Labour’s failure to contest the trope that Britain’s present crisis is due to profligate public spending rather than the salvage of the banking system — that underpins the pervasiveness of the neoliberal mindset.

Cultural studies, as an academic discipline, has gained a reputation for harbouring the notion that the connection between transformations in the economic base of society have nothing but a highly attenuated relationship with developments in the cultural superstructure. In a departure from this tradition, the virtue of this book lies in its scope and in the well-grounded nature of its studies. Paul Gilroy’s examination of the ways in which the aspirational discourses of black entrepreneurship work to capture the imagination is characteristically rich in concrete examples which refer back to religious traditions, transatlantic experiences, musical genres and notions of masculinity.

Paul Patton finds both convergences and ruptures in Foucault’s “critique” of neoliberalism and the liberal and social-democratic theories of US philosopher John Rawls. What emerges is the utility of notions, to preserve monopoly capitalism’s ideological project, of individualised competition in a market economy as the default mechanism for managing and regulating human society.

In a piece given extra relevance by the discourses around Hillary Clinton’s candidature for US president, Angela McRobbie examines the strategies employed by neoliberalism to accommodate the aspirations of contemporary feminism. Another contribution by Jo Littler looks at the ways in which notions of meritocracy serve to obscure economic and social inequalities, while Neal Curtis examines how government, as well as knowledge-producing systems like universities and the media, failed to relate the 2008 market failure of finance capital to the system’s sustaining ideologies.

The value of this collection lies in the attention it pays to concrete manifestations of neoliberalism. The weakness, which cannot solely be placed at the door of cultural studies as a discipline, lies in the inadequacy of critiques of actually existing state monopoly capitalism which do not posit a compelling alternative. Political economy is weakened if it does not enrich our understanding of the cultural and ideological superstructure. The discipline of cultural studies is impoverished if it proceeds without an adequate analysis of the economic formation.

Neoliberal Culture is published by Lawrence and Wishart, £18. This review is also published in the Morning Star.