"What is emerging in fast and furious form is a constellation of neo-liberal economic practices that are establishing a new paradigm for thinking about the relation between economic and social forms as well as modes of rationality,morality, and subject formation. And the problem, that which pushes tens of thousands of people onto the street, is not simply the rise of technological modes of labor and new ways of calculating the value of work and life. Rather, neo-liberalism works through producing dispensable populations; it exposes populations to precarity; it establishes modes of work that presume that labour will always be temporary; it decimates long-standing institutions of social democracy, withdraws social services from those who are most radically unprotected – the poor, the homeless, the undocumented – because the value of social services or economic rights to basic provisions like shelter and food has been replaced by an economic calculus that values only the entrepreneurial capacities of individuals and moralizes against all those who are unable to fend for themselves or make capitalism work for them."
Fiscal Crisis, or the Neo-Liberal Assault on Democracy?
by Judith Butler for Greek Left Review