New Economy, New Myth

In: Routledge Studies in Contemporary Political Economy

Abstract

The 'new economy' has been criticised greatly of late, and after the speculation and hype that surrounded the internet bubble, this is hardly surprising. This book, first published in French and updated here, however treats the 'new economy' as a discourse - one that is often misleading. In order to understand what happened during the internet bubble and the fuss that surrounded it, a central element - intellectual speculation - needs to be understood. New Economy, New Myth treats this speculation as a form of 'ultra-free-market' thinking. According to this line of thought, the internet and th