By Joshua Lew McDermott
The Death of Neoliberalism, The Birth of the Supraliberal Age
The present political moment is often only fully understood in hindsight. Analysts will one day look back on the Trump era, especially his second term, as marking a point of departure, the world’s entrance into a brave new world. But we don’t have to wait. To change the world, we must understand events as they unfold or, better yet, we must anticipate them given what came before. And the neoliberal age has given way to something new: the supraliberal age.
Yet contemporary thinkers remain shackled by the norms, concepts, and logics of the past, namely the unipolar world dominated by neoliberal policy and American Empire.
But the neoliberal age is dead. It had been dying since 2008. Yet the concept still looms large in the intellectual zeitgeist. Neoliberal fascism, authoritarian neoliberalism, post-neoliberalism, late neoliberalism, late-stage capitalism; these are just a few of the proposed concepts for understanding this moment. But these concepts have thus far failed to adequately capture the impetus for and radical nature of the historic break.
Neoliberalism was premised on two fundamental principles: the unrestrained free-market and limited but functional liberal government defined by “good governance,” efficiency, and technocratic elitism. In the supraliberal age, alternatively, the invisible hand has choked the last breaths of life from the already frail liberal polity. A zombified liberalism remains, with government institutions simultaneously rendered impotent in the service of the working class and weaponized to new heights of power and overreach in the service of the elite classes.
The analysts were right when, in the wake of the global economic crash that began in 2008, they predicted the end of neoliberalism was near. Many assumed, in the wake of Obama’s election, that the system was destined to turn to a multi-racial Keynesian social democracy to save the world economy, the same way the world had done in the 1930s (sans the racial pluralism, of course). On this front they were wrong; financial and industry elites were too entrenched, free-market ideology too self-assured and institutionalized, the financial and tech monopolies too big and too concentrated for reform, the courts too corrupt, the government regulatory framework too brittle after decades of neoliberal onslaught, and the bulk of the American public too virulently racist, reactionary, and anti-socialist to accept even the semblance of pro-working-class policies. What we got instead was the intensification of class warfare, an escalation of essentialist identity politics, and, ultimately, the maturation of neoliberalism’s problems.
It is not just neoliberalism as an economic policy that advocates for free trade and the invisible hand that has died. We have not just reverted to protectionism or to regulation. No, it is more complicated than that. For every restriction on trade thrown up by Trump or Biden, a different sector of the U.S. economy and the American state has been deregulated, disempowered, captured, and/or privatized. As one barrier to free trade is erected, regional integration and imperial domination elsewhere continue to undermine the possibility of national economic sovereignty, especially for the smaller nations. American industry is now more unregulated than at any time since The Great Depression.
Nor is it just that we have descended into fascism. For all its lip-service against the decadence of global finance and capitalism itself, classic fascism did, of course, depend upon the support of Europe’s barons of industry and many of its liberal elites – it decimated organized labor and the socialist movements swiftly, violently, and accordingly. Yet it is also true that the classic fascist regimes did not hold the same abiding faith in the free market as the contemporary right, nor were they demonstrably subservient and beholden to oligarchs in the way that Trump, Biden, Meloni, Macron, Starmer, and the other Western leaders are to the tech, oil, defense, and finance titans of our day. Yet our age does contain undeniable fascistic elements; idiotic nationalism, fetishized militarism, censorship, anti-intellectualism, subservient and corrupt courts, impotent and dysfunctional legislatures, and an unrestrained individual executive. Trump is, in many ways, a conglomeration of Mussolini with a billionaire, a social media celebrity, and a nepotistic CEO. And that combination – the nationalism, fundamentalism, and corruption intertwined with corporate, celebrity, libertarian logic is novel and demands a novel conceptualization of its characteristics, trajectories, and roots.
So if the neoliberal age is rubble and we have not merely reverted back to a fascist one, where are we? We are in the unknown, unchartered waters of history in the making. We are in the supraliberal age, the age where even the appearance of a compatible marriage between capitalism and liberal democracy has withered away. We are in the supraliberal age where the state has not disappeared or weakened, it has transformed into a mere enforcement mechanism for brutalizing dissent, exporting arms, enabling capital accumulation, and facilitating wealth transfer from the working class to the elites. We are in the society of the spectacle, a society where propaganda, celebrity, and self-aggrandizement become a means in and of themselves.
And while we may just be at the start of the supraliberal age, that we are in it is undeniable.
That is also not to say that liberalism is gone or that liberalism was, fundamentally, better; supraliberalism was always the destiny and true character of the neoliberal era. It is just that the hypocritical and contradictory nature of liberalism is now explicit and manifest in the heart of the imperial homeland, has finally and totally supplanted the remnants of the postwar order that It gave birth to, its free-market fundamentalism finally having displaced any guardrails, even if meager ones, it ever had to reign in the monopolies and oligarchs of the neoliberal age.
So like the vestigial wings of a flightless bird, the liberal institutions and the rule of law they represent remain merely as ornamental and ceremonial formalities in contemporary America and Europe.
The most jarring policies, ideological extremities, material logics, and novel institutions of the neoliberal age that undergirded its inherent contradictions and violent episodes now persist and become the defining features of the supraliberal order of today.
The authoritarian violence imposed by Pinochet and the neoliberal logic of the Chicago Boys in Chile, once thought by analysts to represent only an unfortunate but necessary far-off occurrence in the hinterlands of a U.S.-led world-order, today define the ruling class regimes in the metropole. The oligarchs imposed upon Eastern Europe by neoliberal shock therapy and animated by ethnic and nationalist sentiments enflamed by American interference were not exotic anomalies; they were a foretelling of what was to come in the West. The violent religious fundamentalism nurtured, trained, and armed in the Middle East to displace leftist movements and topple non-compliant regimes has emerged in the American heartland as violent paramilitary, white supremacist, and Christian nationalist actors turn to intimidation, violence, terrorism, and suppression to impose their extremist worldviews on their neighbors.
The embarrassing contradictions of the liberal capitalist system are no longer able to be exported abroad or glossed over with ideology; in the supraliberal age, the brutality comes home and intensifies. In the process, the entire geopolitical economic order is transformed, starting with America.
The Neoliberal Age
The foundations upon which the neoliberal era was erected can be traced to the U.S.’s emergence from World War Two as the world’s clear economic and military leader, a position the U.S. used to give itself, and its vassal states in Europe, commanding control in the new international governance and financial institutions such as the U.N. Security Council and the International Monetary Fund (IMF).
Apart from U.S. domination of the international institutional system, the postwar era was defined by robust welfare states in the West that were erected thanks to class struggle and assented to by elites to head off the attractiveness of socialism to workers. The era also saw successful anticolonial movements throughout the Third World (led often by socialist and communist parties), rising competition for Western industry due to an industrializing world, and the entrenchment of powerful trade union movements in the Western democracies.
Throughout this period, the U.S. (and its allies) attempted to assert its dominance, undermining radical elements in the anticolonial movements and using all means necessary to prevent the emergence of an economically independent third world that would challenge the existing order. However, given countervailing dynamics, and along with the oil shocks of the day, the contradictions of the postwar Keynesian order came to a head; the economic boom years devolved into crisis. In response, the U.S. ruling class leapt at the chance to again remake the world order even more to its liking. The new system it constructed was built in response to the power of labor domestically and socialist and anti-imperial resistance internationally, e.g. neoliberalism.
Neoclassical economic theory, tied to a contradictory ideological commitment to liberal governance, would become the justification for U.S. economic policy and imperial dominance of this new era. The birth of neoliberalism was cemented with the transformation of the Breton Woods Institutions into technocratic neoliberal machines as the new Washington Consensus imposed free trade and austerity policies around most of the globe (often in return for predatory loans or political support for corrupt regimes) to bolster U.S. dominance and transnational capitalist class power (a transnational capitalist class that was, nonetheless, always beholden to the mighty dollar and the U.S. banking system).
The U.S. also abandoned the gold standard in the shift from the postwar to the neoliberal era, giving it the ability to use the dollar, the global reserve currency, to fund an immense and meaningless national deficit in the face of deindustrialization and impose brutal unilateral sanctions on adversarial nations. In the new era it also doubled down on its training of paramilitaries, funding of proxy wars, and destabilization efforts around the globe in the name of combatting socialism (and subsequently drugs and terrorism). It financialized its economy to procure a fictitious economic growth in the face of the decline of American manufacturing, working class living standards, and declining economic dominance. The rest of this history of this era is more-or-less well known today: the Chilean Coup and the larger Dirty Wars in Latin America, the Wars on Terror, the deregulation of industry, the collapse of the Eastern Bloc, the crushing of the labor movement, the passage of NAFTA, the intensification of globalization, the explosion of consumer debt, the opioid epidemic, the rise of inequality, declining living standards in the West, etc. etc.
The Eleven Features of Supraliberalism
The past does not disappear, it echoes. But as it echoes, it is transformed and molded to fit the realities of the present moment. Accumulative quantitative change eventually reaches an inflection point, and qualitative ruptures occur.
Despite the obvious democratic deficiencies and hypocrisy of U.S. claims to upholding liberal values like human rights, equality, transparency, democracy, a free press, etc. in the neoliberal era, the claims could nonetheless be made with an air of plausible deniability and sincerity that, at the very least, provided a semblance of ideological cover. In the supraliberal age, not only are such claims objectively absurd, but such values are actively maligned – if not in rhetoric then cynically in practice.
Supraliberalism is defined by eleven features, all of them emergent from the trends and ruins of neoliberalism and all of them intertwined, inseparable, and mutually reinforcing: First, the return of multipolarity in the global sphere. Second, the implementation of pragmatic hodgepodge of free-trade and protectionist policies enacted by, and for, the benefit of the oligarchy of the various multipolar blocs. Third, the rule of economic elites and the end of any form semblance of legitimate democratic government. Fourth, the private sphere and the state become indistinguishable, the capture of the regulatory state finalized and total. Fifth, postmodern, post-truth identity essentialism (of both supposed progressive and reactionary varieties) becomes the defining inter-and-intrapersonal worldview of the age. Sixth, the total militarization and securitization of society. Seventh, the commodification of all aspects of life and nature as they become subject to market dynamics. Eighth, a blowback of the violence once reserved for the hinterland of empire deep within its metropoles. Ninth, the dominance of tech/platform capitalism and the normalization of its social engineering and surveillance appetites. Tenth, the intensification and leveraging of the climate catastrophe for the benefit of elites. And eleventh, a fundamental anti-communist, anti-socialist, and anti-humanist ideology that underlies and justifies it all.
Multipolarity: It is not just that we have entered a new multipolar world, but that is certainly an important piece of the puzzle. For all the superficial similarities to the interwar period or to the imperial competition and arms race of the early 20th century, 2025 is not 1910. Nor does the New Cold War promise to be a meaningful battle of ideologies, socialism vs. capitalism, like the Old Cold War. No, the supraliberal age will be defined, first and foremost, by neo-imperialist global blocs competing for the loot of a permanent global periphery defined by urbanization-without-industrialization. It remains an open question if the class struggle within China can and will revitalize an actual socialist character that could, hypothetically, give meaning and direction to the New Cold War. The first real hope for a socialist resistance to the American supraliberal bloc lies in a new non-aligned movement and whether the leftist governments of Latin America can solidify their positions and overcome the contradictions of their present part-way socialism. The second real hope lies in new anti-capitalist struggles emerging victorious across Africa, Asia, and even within the metropole itself.
Cynical Free Trade: To an extent, the free trade of neoliberalism was always free-trade for me, not for thee; free trade for the working class and small nations, protectionism for elites and for the critical industries of the metropole. In the supraliberal age this is truer than ever: protectionism becomes widespread and celebrated as a backlash to neoliberal free trade agreements that decimated the working classes of the world. But the question becomes: protectionism for who and to what end? Protectionism for the oligarchs, of course. Protectionism for the entrenchment of nationalist, anti-working-class elites like Trump, Musk, and their ilk. Now that behemoth America cannot compete on the unfair grounds with the developing world like it once did, thanks to the rise of China, it turns its back on the ideolog of Free trade; Chinese technology and EVs must be stopped at all costs in the name of national security. But make no mistake: free trade continue to be forced down the throats of countries in Latin America and Africa and American workers will be expected to compete with the working classes of the international order as their meager unions and welfare protections are finally stripped away.
Oligarchy: The supraliberal age is oligarchy manifest. The supposed genius and merit of oligarchic influencers like Elon Musk, Mark Cuban, and Sundar Pichai become the animating logic of popular culture and popular politics. Citizens United is just the tip of the iceberg in the role of moneyed interests will play, both publicly/proudly and clandestinely/nefariously, in the supraliberal age; any semblance of republican elections free of the corrupting influence of money are a thing of the past. Democracy, in any meaningful sense, is dead.
Regulatory Captured: The supraliberal age is also defined by the total capture of the regulatory state by industry. Not only that, but the dividing line between private industry and the state disappears; in its place, a Frankenstein emerges, an abomination comprised of corporate and public mixture of arms, legs, eyes. The Chevron Environmental Protection Agency is legitimized, the Department of Labor is managed like the Chamber of Commerce, the courts and justice itself becomes the subject of power and ideology. Every function of government is run as a business for the profit of private stakeholders.
Identity and Cultural Essentialism: The postmodern displacement of universality, humanism, and truth becomes absolute in the supraliberal age; identity essentialism and the death of truth reach their apex, with one’s nation, culture, and race/ethnicity becoming the undisputed measure of morality, truth, and individual character. This aspect has supposed progressive and reactionary wings, but the underlying logic remains the same: identity is everything. Anti-intellectualism, identity politics, cultural literalism, fundamentalism, outrage, and puritanism reign.
Militarization and Securitization: In the supraliberal age, all aspects of social and political life become militarized and securitized. Economic policy is a matter of national security; the border is a matter of national security; education policy is a matter of national security. Municipal police are armed and trained in the logic and practice of occupying militaries, consumer culture and capital accumulation themselves become the end goal of military conflict. Everything is war, and war is about making money.
Commodification: The trend of the commodification of all aspects of life, human, social, natural, becomes intensified to previously unimagine levels in the supraliberal age. Animal life, nature, human intellect, love, empathy, spirituality; all become subject to the profitizing logic of the market. A mother holds her child after giving birth – a fee is charged. You send your love a poem which is then shared to social media and monetized. You attend church and your tithing is used to invest in real estate ventures. You call your father on Father’s Day and your call data is recorded, leveraged, and sold to an advertising firm. The ecosystem itself is given a dollar amount, human and animal life measured in terms of dollars. Alienation, isolation, and objectification become the beating hearts of our social existence.
Blowback: A defining feature of the supraliberal age in the United States is the boomerang of America’s previously exported wars, war crimes, austerity, genocide, authoritarianism into its own living room. America itself becomes the criminal narco-state, the kleptocracy, the military dictatorship, the religious fundamentalist regime it once used to control Mexico, Colombia, Indonesia, Afghanistan. Protestors are treated as enemy combatants, environmental activists as terrorists, labor unions as violent heretics.
Social Engineering, Ubiquitous Surveillance, and the Worship of Tech: In the supraliberal age, the tech industry and technology generally, especially information and communications technology, become the saviors of the world, the panacea to all social problems, the utopian horizon. The world will become unlivable? Technology will take us to distant stars. People can’t afford to eat? Technology will devise a pill to give us all necessary nutrition. Under supraliberalism, the power of technology begats more powerful technology; our social interactions, our sense of self, our political sensibilities become filtered through the algorithms of communications technology. Our thoughts and dreams are anticipated and summarized with Artificial Intelligence programs before we even express them. Technology is used to commodify us and to train us: buy this now, buy this then, here is a news headline for you, here is your favorite genre of music. Our personalities are no so much born of our volition as given to us from on high, from the Gods in the Cloud.
The Monetization and Leveraging of the Climate Catastrophe: In the supraliberal age, the climate crisis becomes the climate catastrophe. The warnings of disastrous ecological future become the present reality. Why was this not avoided? Because it was profitable, and it because it could be leveraged by the ruling class to cement and entrench their rule. Los Angeles burns and the real estate private equity firms descend; New Orleans sinks and the French Quarter gentrifiers circle like sharks. Mark Zuckerburg is safe in his bunker in the cool mountains. The segregation and securitization of elite life is completed. The rich watch the last forests burn from their golden helicopter.
Anti-communism: The supraliberal age is defined by an ideological madness which is, first and foremost, anti-communist, anti-socialist, anti-Marxist. In the supraliberal age, all kinds of dissent, protest, and personal eccentricities are acceptable in the name of personal and market freedom: the freedom to shop, the freedom to discriminate, the freedom to worship God, the freedom to kill anyone deemed a threat to your property. What cannot be abided, though, is an organized, radical, and effective movement of the people against the logic of capital accumulation and the rule by elites. Thus, a rabid anti-communism abides. And not just anti-communism in the sense of the vilification of any and all real-world attempts to supplant or even just to reform capitalism, whether domestically or internationally, but an anti-communism which reviles, crushes, and mobilizes against communism as an idea and an ideal; communism as a rationally planned democratic society wherein social class has been eliminated – this is the true enemy and only sustained bogeyman of the supraliberal age. Any violation of elite sensibilities – be it religious heresy, gender nonconformity, feminism, racial justice, etc., is but a manifestation of the deeper and more nefarious sin of Marxism.
Only the Working Class
The only force on Earth capable of challenging the dystopia of the superaliberal age is a united and broadly defined working-class (aka all those not aligned to profit or benefit from the ongoing and coming destruction). United, only they have the power to overthrow the supraliberal ruling class and the society they have built for their benefit. Only they have the power to arrest the climate crisis with rational, eco-responsive policies and technologies. Only they have the power to end inequality and immiseration forever with humanist, universal policies that equitably share the abundant resources produced by the cumulative history of human labor, knowledge, and sacrifice. Only they, as a class, can provide the vision and the practice for achieving a new kind of society – one that is not a utopia, but an actual and concrete effort that learns, develops, and evolves over time. Only they can imagine and implement a society wherein not just human beings but all living beings, even nature itself, is afforded value. A society driven by rationality, cooperation, and equality. In short: working class revolution is our only hope.
It remains to be seen, of course, if the ravages of supraliberalism will give way to such an attempt and vision. But that we have no other choice if we are to save the planet, our own humanity, and civilization is clear.
