NEO-LIBERALISM MAKES YOU NUTS
Well ones thing for sure, Oliver James must be doing something right - he's obviously irritated some individual enough for them to post five 1-star reviews of his book. Needless to say not one of which would appear to have the resulted from an actual reading of the book - well maybe they read the blurb on the back cover?. "The Selfish Capitalist" is a post-script to his earlier "Affluenza" and contains further thoughts and data related to the effects of what James calls "selfish capitalism" (more or less a synonym for Neo-Liberalism) on our societies. He also reflects on what other writers and political thinkers from Karl Marx to David Harvey have had to say about his area of investigation: the links between the mental health of individuals and the economic organization of society.
In line with more orthodox thinking on Neo-Liberalism, James asserts that selfish capitalism is a phenomenon that has risen to prominence in the English-speaking world since the 1970's. While it has been a growing phenomena in other developed and non-developed countries, it is in the developed economies of the English speaking world that it goes deepest into the fabric our societies. Using data from WHO studies and other sources he demonstrates a clear correlation between income inequality (one of the pertinent and pernicious features of Neo-Liberal economies) and emotional distress. For the English-speaking world (Britain, U.S., Canada, New Zealand, Australia) the average incidence of emotional distress in the last 12 months is 21.6%, nearly double the level of other countries (Japan, Germany, Italy, Spain, Belgium, Netherlands and France) that average 11.5%.
James questions the standard shoulder-shrugging view that is disproportionately popular amongst those on the right: that mental health problems are in large part of genetic origin. The evidence he cites seem to indicate that this link is greatly exaggerated and environmental factors are of crucial importance. He also presents a variety of data on related issues that raises serious questions about how our society is structured vis-à-vis materialism and how this effects our mental well being. One interesting fact he brings up is that the greater part of the growth of economies and household income in the Selfish Capitalist world results from an increase in second earners and hours worked.
The few people whom I have known that work in Psychology seem to get bogged down in their own specialty for a whole variety of reasons. They appear to be shy - certainly in their professional capacity - about making explicit links to the bigger picture of how society is organized. With that in mind, it is refreshing to hear a professional psychologist discussing these issues in a holistic manner and not avoiding issues that are generally seen to be in the political realm.
James makes clear that there are elements of his thinking that he is pretty convinced of, and others that he is fairly sure of, but does appreciate that more research is needed to confirm his and others hypothesis and provide a more detailed picture. Despite the, in part, tentative nature of his findings this is a fascinating book. A strong case is made for the need to question the manner in which our society is developing and the values it promotes if it is serious about the mental well being and real development of all people, rather than peculiarly attending to the interests (to quote Adam Smith) of the few whose wealth has risen geometrically while for most earners wages have barely risen at all. In common with his earlier works it is written in an accessible manner for those who are not academic psychologists. For those with a phobia of statistics they should be reassured that they are explained in a clear and straightforward way and have been leavened with a healthy dose of anecdotal material for further clarity. Well worth reading.