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Opinion

Mind over Managing: When neoliberalism eats itself
Daniel K Reece

September 10th, 2017


This article is more than 7 years old.

And not even musician/teachers make it these days (photo: Brian Sims)

The grey Danish summer weather provided some serious reading time over the holidays. I lost myself in Haruki Murukami’s mammoth tale of parallel worlds, ‘1Q84’.

The book made me rather paranoid – what if we were living in a parallel world? So much at the moment seems to be out of place. From the good (Leicester winning the Premier League) to the not so good (Brexit, Donald Trump …), nobody saw any of these events coming. Had I somehow slipped into another universe?

Reality bites
In the absence of any clear signs to the contrary (there’s a handy second moon in the sky in ‘1Q84’), I have come to the conclusion that this is indeed reality as we know it, and I have been pondering on the cause of recent events.

In global economic terms, one theme of the past 30 years has been the undeniable triumph of ‘neoliberalism’ – the idea that economics is a system independent of ethics or normative judgements, and instead one where markets are the supreme moral arbiter, independent of pesky human subjectivity and argument.

Yet whilst ‘markets’ in isolation may be objective concepts, anything which involves us homo sapiens certainly is not. Economic policy that places our actions in an amoral sphere – dictated by the whims of the market, whilst undoubtedly creating enormous wealth for a few – has caused phenomenal wealth disparity whilst downgrading subjective, reasoned argument derived from conscience.

Beginning of the end?
Could this pervading sense of nihilism created by 30 years of neoliberal policy have created a platform for the election of Trump, someone utterly devoid of principle, a creature of whim solely concerned with his own narcissism and bank account? Or the success of Brexiteers, who campaigned on a staggering array of promises that now lie broken? Possibly.

But if that is true, it could also mean that neoliberalism has sown the seeds of its own destruction. One thing that the likes of Trump and the Brexiteers have in common is the lack of any cohesive argument. Policies come and go: there one minute, contradicted the next. Even a neoliberal policy cannot survive in an environment devoid of any coherent policy at all.

About

Daniel K Reece

Daniel is the managing director of Nordeq Management (nordeqmanagement.com), managing cross-border investment projects with a focus on international corporate and tax law issues. Educated as a lawyer, Daniel also teaches in the International Business and Global Economics department at DIS Copenhagen. Daniel is passionate about mindfulness as a means of personal transformation.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”