<html xmlns="http://www.w3.org/1999/xhtml" xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office"><head><!--[if gte mso 9]><xml><o:OfficeDocumentSettings><o:AllowPNG/><o:PixelsPerInch>96</o:PixelsPerInch></o:OfficeDocumentSettings></xml><![endif]--></head><body><div style="color:#000; background-color:#fff; font-family:garamond, new york, times, serif;font-size:16px"><div id="yui_3_16_0_ym19_1_1485707468487_7150"> "Nevertheless, Trump’s victory is not solely a revolt against global finance. What his voters rejected was not neoliberalism tout court, but <i id="yui_3_16_0_ym19_1_1485707468487_7111">progressive </i>neoliberalism. This may sound to some like an oxymoron, but it is a real, if perverse, political alignment that holds the key to understanding the U.S. election results and perhaps some developments elsewhere too. In its U.S. form, progressive neoliberalism is an <b>alliance</b> of mainstream currents of new social movements (feminism, anti-racism, multiculturalism, and LGBTQ rights), on the one side, and high-end “symbolic” and service-based business sectors (Wall Street, Silicon Valley, and Hollywood), on the other. </div><div id="yui_3_16_0_ym19_1_1485707468487_7152"><br></div><div id="yui_3_16_0_ym19_1_1485707468487_7153"><b id="yui_3_16_0_ym19_1_1485707468487_7265">In this alliance, progressive forces are effectively joined with the forces of cognitive capitalism, especially financialization.</b><i id="yui_3_16_0_ym19_1_1485707468487_7112"><b> </b></i><b id="yui_3_16_0_ym19_1_1485707468487_7169">However unwittingly, the former lend their charisma to the latter. Ideals like diversity and empowerment, which could in principle serve different ends, now gloss policies that have devastated manufacturing and what were once middle-class lives."</b></div><div id="yui_3_16_0_ym19_1_1485707468487_7264"><b><br></b></div><div id="yui_3_16_0_ym19_1_1485707468487_7204" dir="ltr"><b id="yui_3_16_0_ym19_1_1485707468487_7202"><a class="enhancr2_85967d89-f15f-fc0e-d1ca-a7cea95cb6dc" id="yui_3_16_0_ym19_1_1485707468487_7201" href="https://www.dissentmagazine.org/online_articles/progressive-neoliberalism-reactionary-populism-nancy-fraser">The End of Progressive Neoliberalism | Dissent Magazine</a></b></div><div id="yui_3_16_0_ym19_1_1485707468487_7225"><br></div><div class="yahoo-link-enhancr-card ymail-preserve-class ymail-preserve-style" id="enhancr2_85967d89-f15f-fc0e-d1ca-a7cea95cb6dc" style="max-width:400px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;" dir="ltr" contenteditable="false" data-size="medium" data-type="yenhancr" data-embed-url="" data-category="article" data-url="https://www.dissentmagazine.org/online_articles/progressive-neoliberalism-reactionary-populism-nancy-fraser"> <a class="yahoo-enhancr-cardlink" id="yui_3_16_0_ym19_1_1485707468487_7242" style="text-decoration:none !important; 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line-height:19px; margin:0 0 4px 0;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;word-break:break-word;">The End of Progressive Neoliberalism | Dissent Magazine</h2> <div class="card-description" style="font-size:11px;line-height:15px;color:#999;word-break:break-word;">In a moment of political upheaval, it is up to the left to reject the false choices on offer and seize upon wide...</div> </td> <td style="text-align:right;padding:16px 12px 16px 0;"> </td> </tr> </tbody></table> </td> </tr> </tbody></table> </td> </tr> </tbody></table> </a></div><div><br></div></div></body></html>