The Post-Neoliberalism Moment
Blog: Reason.com
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Blog: Reason.com
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Blog: Reason.com
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
In: Political geography: an interdisciplinary journal for all students of political studies with an interest in the geographical and spatial aspects, Band 108, S. 103009
ISSN: 0962-6298
Blog: Social Europe
Kyiv's need for self-defence has pushed the country towards far-reaching expansion of the state's economic role.
In: The lines of the symbolic in psychoanalysis series
Blog: Social Europe
In 2011 Colin Crouch's The Strange Non-death of Neoliberalism appeared to acclaim. Its author reflects on a shifting landscape since.
In: Contemporary issues in the Middle East
"Zencirci introduces the concept of the Muslim Social, defined as a welfare regime that reimagined and reconfigured Islamic charitable practices to address the complex needs of a modern market society. Although these governmental assemblages of Islamic neoliberalism produced new forms of generosity, distinctive notions of poverty, and novel ways of relating to others in society, Zencirci reveals how this welfare regime privileged managerial efficiency and emotional well-being at the expense of other objectives such as equality, development, or justice"--
Blog: ROAPE
In January 2024, Makerere University in Kampala hosted a two-day conference to reflect on 40 years of neoliberalism in Uganda. Writing on the conference, Serunkuma reminds us that, 40 years on, Uganda remains an epicentre of neoliberalism - or what he terms the 'new colonialism' in Africa. Consequently, neoliberalism and its many ills must remain at the forefront of scholarly and activist discussion and analysis.
The post Forty years of neoliberalism in Uganda, forty years of pain appeared first on ROAPE.
In: The political quarterly
ISSN: 1467-923X
AbstractMainstream economic theory and policy have struggled to address (and in some cases have made worse) the multiple economic crises since 2008—global financial crash, austerity, stalled productivity, wage stagnation, rising inequality, inflation, climate and environmental breakdown. At the root of this failure is the 'ontological individualism' which underpins neoclassical economic theory: the belief that individual households and firms are sovereign actors. It proposes in its place a premise of 'ontological institutionism'—the view that economic behaviour is primarily influenced by the institutional structures and rules within which it occurs. Commonplace in other social sciences, this view radically changes economic analysis and policy prescription. Based on an explicit ethical definition of policy objectives, the article offers an 'institutionally pluralist' view proposing different kinds of institutions for five different spheres of economic life. Arguing that economic policy should be seen as a process of institutional design (not simply making markets more efficient), it offers some illustrative policy proposals in key fields, from climate change to business investment.
In: New political economy, S. 1-14
ISSN: 1469-9923
"Neoliberalism is widely explained as an affirmative political choice inaugurating a new stage of capitalism, typically made by conservative politicians at the behest of capital. From this perspective, Friedrich Hayek, Milton Friedman, and the Mont Pèlerin Society provided the intellectual ammunition for the right-wing seizure of the state and the theoretical blueprint for dismantling the institutional and ideological legacy of the New Deal. But what if this story got its cause and effects backwards? What if it was not neoliberalism that ushered in financialization but rather financialization that allowed neoliberalism to take root? Democracy in Default argues that financialization was a tactical response to a political crisis within liberalism, and that financialization in turn supports neoliberal governmental policy that displaces democratic processes and accountability. Both claims move against conventional wisdom, which treats neoliberalism as a response to a crisis of capitalism, and financialization as the offspring of neoliberal deregulation. Judge begins by exploring the ways that liberal political doctrine disavows the problem of distributive conflict-the general condition in which people vie for increasing shares of the social product-and is consequently vulnerable when these conflicts erupt. It then revisits the nature of the crises that produce the turn to financialization to show how finance both responds to renewed conflicts and enacts a fundamental transformation in liberal democratic governance. The second half of the book presents three case studies in which one sees vividly how governing for the people, while never fully realized in capitalist democracies, was radically displaced by the shift to financial market constituencies: the bankruptcy of Stockton, California; the investment strategy of the California Public Employees' Retirement System; and the 2008 financial crisis."
In: Third world quarterly
ISSN: 1360-2241
World Affairs Online
In: Journal of political ecology: JPE ; case studies in history and society, Band 30, Heft 1
ISSN: 1073-0451
In the context of the global climate and ecological crisis, increasing pressure on governments and the private sector to act, combined with inertia and resistance to transformative change, has led to a new form of extractivism. Green extractivism refers to actions or activities that are promoted as environmentally sustainable but that rely on or facilitate the unsustainable extraction of natural resources. Conservation tools such as environmental offsets are embraced by governments and the private sector as a solution to address the contradictions between economic development and environmental conservation. How do such conservation measures play out in places afflicted by a history of armed conflict? Examining the evolution of environmental compensation policy in Colombia and a case study of the Hidrosogamoso dam, this article explores multiple manifestations of green extractivism intertwined with armed neoliberalism. These include the creation of biodiversity and carbon sacrifice zones that facilitate the concentration of land and the capture of natural assets; the promotion of green narratives that distract from the extensive social and ecological impacts; and the use of violent tactics to quieten dissent from local communities and environmental defenders.
In: New perspectives: interdisciplinary journal of Central & East European politics and international relations
ISSN: 2336-8268
Since communism's collapse, Central and Eastern Europe adopted neoliberal reforms for democratization and market integration. However, democratic institutions in many countries have backslid. Scholars debate neoliberalism's impacts and the rise of oligarchs concentrating wealth and distorting democracy. This review analyzes 50 sources from 1990-2020 through meta-analysis. Literature is assessed regarding neoliberalization's mechanisms and effects. Privatization concentrated assets in politically-connected oligarchs, enabling state capture constraining competition. Deregulation empowered economic elites with disproportionate political influence, distorting representation toward oligarchic over public interests. Evidence partially supports the hypothesis that neoliberalism benefiting oligarchs distorted democracy, contributing to backsliding. However, grassroots resistance offers alternatives. Further research could integrate local case studies and frameworks focused on equitable distribution rather than growth alone.
In: The New School for Social Research, Working Paper 01/2024
SSRN