Political left in SA labours under a fallacy
THE political left in SA has over the years targeted neoliberalism as the root cause of our economic ills. Dominated primarily by the trade union movement, along with the vestiges of organised communism, we are constantly told that neoliberalism is an evil that needs to be stamped out if we are to empower the poor, grow the economy and create jobs.
Whenever there is a policy that this strain of the left dislikes, it is dismissed as neoliberal. The youth wage subsidy, the National Development Plan and any mention of labour reforms are met with the same rallying cry - that it must be stopped to defeat the neoliberal agenda.
Perhaps it is time we asked the left: what exactly is the neoliberal agenda that has become such an obsession? Neoliberal is a term coined to describe the economic policies of the Ronald Reagan/Margaret Thatcher era, characterised by a huge reduction in the role of the state in the economy, a large reduction in state expenditure, reduction and reforms to welfare, and a roll-back in the power of and legal protections provided to organised labour.
These are all, naturally, anathema to the political left and unions. To the modern left, such policies leave much to be desired in terms of creating a caring society and safety net for the poor, as well as protecting workers from exploitation.
The word neoliberal, then, is a pejorative term to degrade and insult any market-related policy ideas without analysis. This is sadly what the political left has been reduced to in SA. There is a distinct lack of engagement with market reform-based policy proposals and innovations, and the "neoliberal" rallying cry is used to discredit ideas - even when they come from left movements.