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Shredding PaperThe Rise and Fall of Maine's Mighty Paper Industry$
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Michael G. Hillard

Print publication date: 2021

Print ISBN-13: 9781501753152

Published to Cornell Scholarship Online: May 2021

DOI: 10.7591/cornell/9781501753152.001.0001

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Paper Workers’ Folk Political Economy Versus Neoliberalism

Paper Workers’ Folk Political Economy Versus Neoliberalism

Chapter:
(p.212) Epilogue Paper Workers’ Folk Political Economy Versus Neoliberalism
Source:
Shredding Paper
Author(s):

Michael G. Hillard

Publisher:
Cornell University Press
DOI:10.7591/cornell/9781501753152.003.0010

This chapter reviews that the class resistance in Maine's paper industry has waned since the 1990s, including the movement culture which shaped and sustained it. It looks at the folk political economy and economic imagination that has resonance for Mainers and is considered a cultural artifact that can be joined in a critique of neoliberal capitalism. It also explores the widespread antipathy to key features of the neoliberal era. The chapter discusses the loss of local ownership and control of enterprises and the replacement of Chandlerian stability with the fierce and ugly rationalization imposed by financial investors. It refers to antipathy that is aimed at neoliberalism's assumption that only unfettered private markets provide good economic outcomes.

Keywords:   Maine, paper industry, political economy, neoliberal capitalism, Chandlerian stability, financial investment

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