Articles & blogs on neoliberalism

Category: neoliberalism

Neoliberalism under Threat: Coronavirus and the Return of the Social

“Neoliberalism is often conceived primarily as an economic project, with the purpose of getting the government out of the economy and the individual citizen into the free market. Citizens are re-imagined as customers, and everything from healthcare to education is subjected to ferocious competition, with the state making way for private corporations. But, from its outset, neoliberalism also aimed to dismantle the entire social fabric of human life.”

The Covid-19-Induced Crisis and Three Inversions of Neoliberalism

“the Covid-19 crisis-laden political discourse of the present reveals to us the essence of neoliberalism as a social order founded on a series of inversions. At least three of these are suddenly identifiable in their re-inversion presently. (1) There is no such thing as individuals, there are collectivities and there is society. […] (2) If neoliberals truly understood economics they wouldn’t be neoliberals. […] (3) There is an alternative.”

How The Free Market Created Rentiers And Plutocracy In Post-Soviet Central Asian Countries

“In his book The Road to Serfdom, Friedrich Hayek claimed that state socialism would lead to a loss of economic and political freedoms, and eventually to tyranny. Only a free market capitalism would ensure that individual freedoms would be preserved. But ironically neoliberal economic reforms have helped to create another road to serfdom. The free-market ideology has promoted and celebrated rent extraction, sometimes over wealth creation. Neoliberalism has concentrated wealth and power into the hands of a few, and has merged economic and political elites into the rentier class: individuals who extract income based on existing assets”

Mean Girl: Ayn Rand and the Culture of Greed

“In Mean Girl: Ayn Rand and the Culture of Greed, Lisa Duggan offers a new thesis on the infamous literary, cultural and political icon, Ayn Rand, exploring how the adoption of many of her philosophical and political ideas and beliefs helped fuel the insidious shift towards neoliberalism. Duggan’s skills as a cultural historian and her sharp-witted socio-political commentary fuse seamlessly together in this short yet fascinating book that is a necessary read for students of culture and politics, as well as activists and organisers, writes Ellen Reid.”

How Neoliberal Thinkers Spawned Monsters They Never Imagined

“Political theorist Wendy Brown’s latest book, In the Ruins of Neoliberalism: The Rise of Antidemocratic Politics in the West, traces the intellectual roots of neoliberalism and reveals how an anti-democratic project unleashed monsters – from plutocrats to neo-fascists – that its mid-20thcentury visionaries failed to anticipate. She joins the Institute for New Economic Thinking to discuss how the flawed blueprint for markets and the less-discussed focus on morality gave rise to threats to democracy and society that are distinct from what has come before.”

The Enchantments of Mammon: How Capitalism Became the Religion of Modernity

Far from representing rationality and logic, capitalism is modernity’s most beguiling and dangerous form of enchantment, argues Eugene McCarraher, associate professor of humanities and history at Villanova University in Pennsylvania. He recently published The Enchantments of Mammon: How Capitalism Became the Religion of Modernity (Harvard University Press, 2019).

Goodbye to All That: The End of Neoliberalism?

“What, precisely, do we mean when we discuss neoliberalism? Are we simply using a polite euphemism for ‘capitalism’ or do we refer to a distinctive social order altogether? Is neoliberalism an idea or a politics or a cultural phenomenon or some combination of all of these? Denniss [in his new book Dead Right: How Neoliberalism Ate Itself and What Comes Next] suggests ‘neoliberalism’ can be used, fairly straightforwardly, as ‘a catch-all term for all things small government’ and for a ‘blind faith in market forces’.”

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