Ripped from the comments:

My objection to neoliberalism is, primarily, that capitalist globalism has bred either its own demise or will turn into tyranny of some form or another. I know people who are basically aspiring to be part of the international ruling class: future politicians, future political hacks, business types, think tankers, etc. I went to college with them, and I’m friends with some of them. They are leading us all to ruin.

Their cluelessness, lack of self-awareness, and lack of empathy for people they consider below them is absolutely breathtaking. “Let them eat cake” level stuff. They can’t understand that their high IQs are not earned, and that intellect is not a moral quality (as an aside, I think this is part of the appeal of blank-slatism to intelligent people: if they ignore that IQ is probably about 50% inherited, and most environmental factors are out of their control, they can pretend that their university degrees and so on simply show their high quality as individuals, instead of showing that they rolled well for INT at character creation). They can’t understand why all those factory workers who want to keep their jobs, or want the jobs to come back to town, instead of learning to code and moving to the Bay, or getting a business degree and moving to London or NYC, or getting a law degree and… etc. Their mastery of skills that allow them to pick up and move pretty much anywhere and earn well doing it mean that they have little consideration, respect, or loyalty for their countrymen who cannot. The people from all over the world working in finance in London feel loyalty to each other – after all, they are the best, are they not? – far more than they do to the peons from wherever they come from.

Their response to stuff like Brexit and Trump’s election is eye-opening. Absolute contempt for the great unwashed. I’m exempting visible minorities, Muslims, LGBT people, etc from this – because they actually stand to suffer from right-wing populism, real suffering, not in the pocketbook – but the fact is that the most spite I have seen has tended to come from straight white cis people. Their hatred and contempt for Brexiters and Trump voters is palpable, especially when it’s hilariously hypocritical – I have heard condemnation of Trump voters as racists … at parties that are overhwhelmingly white; I have heard more than one white guy use “white guy” as a term of abuse … and they throw parties that are 100% white. They don’t even recognize their hate and contempt as hate and contempt, they just project it onto those they despise. They do not recognize their own racial biases (I remember a wealthy young man explaining to me, to paraphrase, “it’s not racist to be afraid of black people, because they’re poor, and poor people are more likely to be criminals”) but instead project them onto those they despise (he now posts Facebook statuses excoriating straight white cis men, a group from which he apparently exempts himself, despite being 4/4 for those qualities).

Either this will lead to the demise of neoliberal globalism – because even if the Brexiters and the Trump voters are dumb, they’re not so dumb as to not notice the contempt, and will vote to put a thumb in the eye of the elites who despise them. Or, it will lead to tyranny of one kind or another, as the elites decide that, really, those rednecks in coal country and those losers in North England shouldn’t be allowed to vote.

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