News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Neoliberalism is a political and economic philosophy that is based on the principles of free-market economics, individualism and the deregulation of the economy. It has been a major influence on global economic policies since the 1980s and has been used by governments around the world to pursue deregulation, privatization and trade liberalization. This has had a major impact on the global economy, including increased income inequality and the rise of corporate power. Neoliberalism has been criticized for its negative consequences on workers and the environment, as well as its role in creating economic insecurity for many people. In this section, we cover the latest news and articles about neoliberalism, as well as videos and other multimedia content related to the topic.
My problem with Michel Foucault, then, is not that he seeks to “move beyond” the welfare state, but that he actively contributed to its destruction, and that he did so in a way that was entirely in step with the neoliberal critiques of the moment. His objective was not to move towards “socialism,” but to be…
It was meant as an insult, implying that Mises – a marginalist – was trying to salvage 19th century liberal economics from the collectivist attacks of the Marxist left and the Nazi right, hence the “neo” moniker being attached. One of the main promoters of this use was Othmar Spann, a rival of Mises on […]
Milton Friedman may have been the face of neoliberalism familiar to most Americans. But the man who, in the 1940s and ‘50s, pioneered the dual role economist and cultural entrepreneur had an office on the floor above the economics department in the Social Science building at the University of Chicago. Friedrich Hayek may have had […]