On Neoliberalism: An Interview with David Harvey | MR Online
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On Neoliberalism: An Interview with David Harvey | MR Online
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
Amy Kapczynski • Markets and the Law
kaiton added
This history of neoliberalization and class formation, and the proliferating acceptance of the ideas of the Mont Pelerin Society as the ruling ideas of the time, makes for interesting reading when placed against the background of counter-arguments laid out by Karl Polanyi in 1944 (shortly before the Mont Pelerin Society was established). In a compl
... See moreDavid Harvey • A Brief History of Neoliberalism
Harvey argues that neoliberalization is best conceived of as a ‘political project to re-establish the conditions for capital accumulation and to restore the power of economic elites’.
Mark Fisher • Capitalist Realism: Is there no alternative?
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 moreDavid Harvey • A Brief History of Neoliberalism
Redistributive effects and increasing social inequality have in fact been such a persistent feature of neoliberalization as to be regarded as structural to the whole project. Gérard Duménil and Dominique Lévy, after careful reconstruction of the data, have concluded that neoliberalization was from the very beginning a project to achieve the restora
... See moreDavid Harvey • A Brief History of Neoliberalism
The idea of freedom ‘thus degenerates into a mere advocacy of free enterprise’, which means ‘the fullness of freedom for those whose income, leisure and security need no enhancing, and a mere pittance of liberty for the people, who may in vain attempt to make use of their democratic rights to gain shelter from the power of the owners of property’.
... See moreDavid Harvey • A Brief History of Neoliberalism
In the early 1970s those seeking individual freedoms and social justice could make common cause in the face of what many saw as a common enemy. Powerful corporations in alliance with an interventionist state were seen to be running the world in individually oppressive and socially unjust ways. The Vietnam War was the most obvious catalyst for disco
... See moreDavid Harvey • A Brief History of Neoliberalism
What the Mexico case demonstrated, however, was a key difference between liberal and neoliberal practice: under the former, lenders take the losses that arise from bad investment decisions, while under the latter the borrowers are forced by state and international powers to take on board the cost of debt repayment no matter what the consequences fo
... See more