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Economists of the Neoliberal Era

Economists of the Neoliberal Era
Author: Robert Chernomas
Publisher: Pluto Press (UK)
Total Pages: 224
Release: 2016-10-20
Genre:
ISBN: 9780745335858

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The profession of economics has a lot to answer for. Since the late 1970s, the ideas of influential economists have justified policies that have made the world more prone to economic crisis, remarkably less equal, more polluted, and less secure than it might be. How did ideas and policies that have proved to be such an abject failure come to dominate the economic landscape? By critically examining the work of the most famous economists of the neoliberal period including Alan Greenspan, Milton Friedman, and Robert Lucas, Robert Chernomas and Ian Hudson demonstrate that many of those who rose to prominence did so primarily because of their defense of, and contribution to, rising corporate profits, rather thantheir ability to predict or explain economic events. An important and controversial book, The Profit Doctrine exposes the uses and abuses of mainstream economic canons, identifies those responsible, and reaffirms the primacy of political economy. "


Economy, Crime and Wrong in a Neoliberal Era

Economy, Crime and Wrong in a Neoliberal Era
Author: James G. Carrier
Publisher: Berghahn Books
Total Pages: 276
Release: 2018-09-07
Genre: Social Science
ISBN: 1789200458

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Corporate scandals since the 1990s have made it clear that economic wrong-doing is more common in Western societies than might be expected. This volume examines the relationship between such wrong-doing and the neoliberal orientations, policies, and practices that have been influential since around 1980, considering whether neoliberalism has affected the likelihood that people and firms will act in ways that many people would consider wrong. It furthermore asks whether ideas of economic right and wrong have become so fragmented and localized that collective judgement has become almost impossible.


Life as Surplus

Life as Surplus
Author: Melinda E. Cooper
Publisher: University of Washington Press
Total Pages: 233
Release: 2011-02-01
Genre: Science
ISBN: 0295990317

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Focusing on the period between the 1970s and the present, Life as Surplus is a pointed and important study of the relationship between politics, economics, science, and cultural values in the United States today. Melinda Cooper demonstrates that the history of biotechnology cannot be understood without taking into account the simultaneous rise of neoliberalism as a political force and an economic policy. From the development of recombinant DNA technology in the 1970s to the second Bush administration's policies on stem cell research, Cooper connects the utopian polemic of free-market capitalism with growing internal contradictions of the commercialized life sciences. The biotech revolution relocated economic production at the genetic, microbial, and cellular level. Taking as her point of departure the assumption that life has been drawn into the circuits of value creation, Cooper underscores the relations between scientific, economic, political, and social practices. In penetrating analyses of Reagan-era science policy, the militarization of the life sciences, HIV politics, pharmaceutical imperialism, tissue engineering, stem cell science, and the pro-life movement, the author examines the speculative impulses that have animated the growth of the bioeconomy. At the very core of the new post-industrial economy is the transformation of biological life into surplus value. Life as Surplus offers a clear assessment of both the transformative, therapeutic dimensions of the contemporary life sciences and the violence, obligation, and debt servitude crystallizing around the emerging bioeconomy.


A Brief History of Neoliberalism

A Brief History of Neoliberalism
Author: David Harvey
Publisher: OUP Oxford
Total Pages: 256
Release: 2007-01-04
Genre: Political Science
ISBN: 019162294X

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Neoliberalism - the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action - has become dominant in both thought and practice throughout much of the world since 1970 or so. Its spread has depended upon a reconstitution of state powers such that privatization, finance, and market processes are emphasized. State interventions in the economy are minimized, while the obligations of the state to provide for the welfare of its citizens are diminished. David Harvey, author of 'The New Imperialism' and 'The Condition of Postmodernity', here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. While Thatcher and Reagan are often cited as primary authors of this neoliberal turn, Harvey shows how a complex of forces, from Chile to China and from New York City to Mexico City, have also played their part. In addition he explores the continuities and contrasts between neoliberalism of the Clinton sort and the recent turn towards neoconservative imperialism of George W. Bush. Finally, through critical engagement with this history, Harvey constructs a framework not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.


The Rise and Fall of Neoliberal Capitalism

The Rise and Fall of Neoliberal Capitalism
Author: David M. Kotz
Publisher: Harvard University Press
Total Pages: 291
Release: 2017
Genre: Business & Economics
ISBN: 0674980018

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The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Society "Whereas others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile." --Michael Meeropol, Challenge


The Political Theory of Neoliberalism

The Political Theory of Neoliberalism
Author: Thomas Biebricher
Publisher: Stanford University Press
Total Pages: 367
Release: 2019-02-19
Genre: Philosophy
ISBN: 1503607836

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Neoliberalism has become a dirty word. In political discourse, it stigmatizes a political opponent as a market fundamentalist; in academia, the concept is also mainly wielded by its critics, while those who might be seen as actual neoliberals deny its very existence. Yet the term remains necessary for understanding the varieties of capitalism across space and time. Arguing that neoliberalism is widely misunderstood when reduced to a doctrine of markets and economics alone, this book shows that it has a political dimension that we can reconstruct and critique. Recognizing the heterogeneities within and between both neoliberal theory and practice, The Political Theory of Neoliberalism looks to distinguish between the two as well as to theorize their relationship. By examining the views of state, democracy, science, and politics in the work of six major figures—Eucken, Röpke, Rüstow, Hayek, Friedman, and Buchanan—it offers the first comprehensive account of the varieties of neoliberal political thought. Ordoliberal perspectives, in particular, emerge in a new light. Turning from abstract to concrete, the book also interprets recent neoliberal reforms of the European Union to offer a diagnosis of contemporary capitalism more generally. The latest economic crises hardly brought the neoliberal era to an end. Instead, as Thomas Biebricher shows, we are witnessing an authoritarian liberalism whose reign has only just begun.


Neoliberalism and the Moral Economy of Fraud

Neoliberalism and the Moral Economy of Fraud
Author: David Whyte
Publisher: Routledge
Total Pages: 311
Release: 2016-05-26
Genre: Business & Economics
ISBN: 1317397495

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There is evidence that economic fraud has, in recent years, become routine activity in the economies of both high- and low-income countries. Many business sectors in today's global economy are rife with economic crime. Neoliberalism and the Moral Economy of Fraud shows how neoliberal policies, reforms, ideas, social relations and practices have engendered a type of sociocultural change across the globe which is facilitating widespread fraud. This book investigates the moral worlds of fraud in different social and geographical settings, and shows how contemporary fraud is not the outcome of just a few ‘bad apples’. Authors from a range of disciplines including sociology, anthropology and political science, social policy and economics, employ case studies from the Global North and Global South to explore how particular values, morals and standards of behaviour rendered dominant by neoliberalism are encouraging the proliferation of fraud. This book will be indispensable for those who are interested in political economy, development studies, economics, anthropology, sociology and criminology.


Neoliberalism

Neoliberalism
Author: Alfredo Saad-Filho
Publisher: Pluto Press (UK)
Total Pages: 296
Release: 2005-02-03
Genre: Business & Economics
ISBN:

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Leading writer Boris Kagarlitsky offers an ambitious account of 1000 years of Russian history.


Neoliberalism and the Road to Inequality and Stagnation

Neoliberalism and the Road to Inequality and Stagnation
Author: Palley, Thomas I.
Publisher: Edward Elgar Publishing
Total Pages: 320
Release: 2021-11-05
Genre: Business & Economics
ISBN: 1802200088

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Tom Palley has made a significant contribution to understanding the meaning and significance of neoliberalism. This chronicle collects some of his best work to explain how global adoption of neoliberal policies over the past thirty years has increased income inequality and created tendencies to stagnation.


Composing Capital

Composing Capital
Author: Marianna Ritchey
Publisher: University of Chicago Press
Total Pages: 221
Release: 2019-08-05
Genre: Music
ISBN: 022664023X

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The familiar old world of classical music, with its wealthy donors and ornate concert halls, is changing. The patronage of a wealthy few is being replaced by that of corporations, leading to new unions of classical music and contemporary capitalism. In Composing Capital, Marianna Ritchey lays bare the appropriation of classical music by the current neoliberal regime, arguing that artists, critics, and institutions have aligned themselves—and, by extension, classical music itself—with free-market ideology. More specifically, she demonstrates how classical music has lent its cachet to marketing schemes, tech firm-sponsored performances, and global corporate partnerships. As Ritchey shows, the neoliberalization of classical music has put music at the service of contemporary capitalism, blurring the line between creativity and entrepreneurship, and challenging us to imagine how a noncommodified musical practice might be possible in today’s world.