Justin Jacoby Smith is an organizer, web geek, Buddhist, and poet.

neoliberalism as law and order

Michel Foucault defined neoliberalism as a mode of governance that “does not ask the state what freedom it will leave to the economy, but asks the economy how its freedom can have a state-creating function and role, in the sense that it will really make possible the foundation of the state’s legitimacy.” When the state intervenes in the functioning of markets, it isn’t to rectify injustices but instead to further create and maintain the rigor of the economy itself. And when neoliberalism calls for the government to leave markets to their natural order, it refocuses the function of government power on the regulation of activities that fall outside the formal market. This is exactly how law-and-economics scholars view criminal behavior, as well.

"against law, for order" at jacobin