updated 2mo ago
Markets and the Law
Neoliberalism is in the first instance a theory of political economic practices that proposes that human well-being can best be advanced by liberating individual entrepreneurial freedoms and skills within an institutional framework characterized by strong private property rights, free markets, and free trade. The role of the state is to create and
... See morefrom A Brief History of Neoliberalism by David Harvey
- 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