The Old is Dying and the New Cannot Be Born

Download or read book The Old is Dying and the New Cannot Be Born written by Nancy Fraser and published by Verso Books. This book was released on 2019-04-30 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neoliberalism is fracturing, but what will emerge in its wake? The global political, ecological, economic, and social breakdown—symbolized by Trump’s election—has destroyed faith that neoliberal capitalism is beneficial to the majority. Nancy Fraser explores how this faith was built through the late twentieth century by balancing two central tenets: recognition (who deserves rights) and distribution (who deserves income). When these begin to fray, new forms of outsider populist politics emerge on the left and the right. These, Fraser argues, are symptoms of the larger crisis of hegemony for neoliberalism, a moment when, as Gramsci had it, “the old is dying and the new cannot be born.” In an accompanying interview with Jacobin publisher Bhaskar Sunkara, Fraser argues that we now have the opportunity to build progressive populism into an emancipatory social force.