updated 1mo ago
A Brief History of Neoliberalism
- What is neoliberalism anyway? One common understanding of the term describes neoliberalism as an ideology of “free markets” and “deregulation.” But this definition mistakes advertising for reality. A better understanding, and the one Baradaran implicitly invokes, sees neoliberalism as re-regulating, not deregulating. Rather than getting the state o... See more
from Markets and the Law by Amy Kapczynski
kaiton added
- neo-liberalism succeeded not, or at least not simply, because of Milton Friedman, the Mont Pelerin Society and the rest of it. It came to dominate because it was the only plausible language that people could minimally agree on, at a moment when enormously consequential new policies needed to be enacted.
from Cybernetics Is the Science of the Polycrisis by Henry Farrell
I’ve been wrestling an analogy between open licensing’s minimal set of options and the cash-centric/neoliberal minimalism of Homo Economicus. I think this quote unlocks it.
... See moreNeoliberals’ political analysis was even worse than their economics, with perhaps even graver consequences. Friedman and his acolytes failed to understand an essential feature of freedom: that there are two kinds, positive and negative; freedom to do and freedom from harm. “Free markets” alone fail to provide economic stability or security against
from Doing Too Little by workfutures
Keely Adler added