Ted Talk: Noam Chomsky: Neoliberalism Is Destroying Our Democracy

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25 Terms

1
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What changed fundamentally after World War II?

Human intelligence created existential threats capable of destroying civilization itself.

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When were nuclear weapons first used?

August 6, 1945, Hiroshima.

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Why was this moment significant?

Humanity became immediately aware of its ability to cause global destruction.

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What is the Doomsday Clock?

A symbolic measure created in 1947 by the Bulletin of Atomic Scientists to show proximity to global catastrophe.

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Key Doomsday Clock moments?

  • 2015: 3 minutes to midnight (closest since 1984)

  • 2017 (post-Trump election): 2.5 minutes to midnight (closest since 1953)

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What is the Anthropocene?

An era defined by severe human impact on Earth’s environment.

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When did environmental disruption intensify?

Significantly after 1945.

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Why is this considered an existential threat?

Environmental collapse threatens long-term human survival.

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When did neoliberalism begin to dominate?

1970s onward.

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What transition occurred?

  • 1950s–60s: Regulated, egalitarian capitalism; high growth & social justice

  • Neoliberal era: Deregulation, privatization, reduced social solidarity

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What sectors were deregulated?

  • Airlines

  • Trucking

  • Financial institutions

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What other major changes came with neoliberalism?

  • Decontrolled oil and gas prices

  • Lowered global trade barriers

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What mechanisms does neoliberalism undermine?

  • Mutual support

  • Popular engagement

  • Social solidarity

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How is neoliberalism framed?

As “freedom.”

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Why is neoliberalism being framed as freedom misleading?

  • Fairness: Decisions aim for equitable outcomes

  • Neoliberal freedom: Subordination to concentrated, unaccountable private power

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How does neoliberalism affect governance?

Undermines institutions of collective decision-making.

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What is Margaret Thatcher’s key quote that describes the mechanisms and social consequences of neoliberalism?

“There is no society, only individuals.”

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How does the mechanisms and social consequences of neoliberalism connect to Marx?

Society becomes an amorphous mass (“sack of potatoes”) unable to act collectively.

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What happens to unions and civic groups with neoliberalism?

They are weakened → citizens lose political capacity.

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How does neoliberalism affect citizens?

Produces passivity, apathy, and disengagement (aka an engaged public)

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Why is neoliberalism producing passivity, apathy, and disengagement dangerous?

An engaged public is the main barrier against nuclear and environmental threats.

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What does neoliberalism do to the barrier of the engaged public?

Systematically removes it.

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What creates the “perfect storm”?

  • Existential threats (nuclear + environmental)

  • Neoliberal erosion of public engagement and solidarity

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Does understanding neoliberalism require expert insight?

No — the evidence is visible in current global and social trends.

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Summary

Post-WWII humanity faces unprecedented existential threats, and neoliberalism weakens the only effective defense—an informed, active, collective public.