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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.
An excellent book, the author is Sebastian Edwards, and the subtitle is The Story of the Chicago Boys and the Downfall of Neoliberalism. This is the only book on this topic where I feel I am finally getting to the bottom of what happened. Here are a few points: 1. The Chicago School ties to […]
For most of the past 50 years, there’s been a consensus among economists that “industrial policies” are counterproductive. Nothing has occurred in recent years that would lead a reasonable person to alter that view. And yet as Noah Smith recently pointed out, neoliberalism is rapidly losing ground to advocates of regulation, subsidies and protectionism: The […]
Yves here. Sit back and enjoy yet another discussion between Radhika Desai and Michael Hudson, this time joined by Professor Mick Dunford at the Geopolitical Hour. Today’s tour starts with Ukraine, moves to Russia, and then continues to Europe, the US and China. It is noteworthy to see the Western media act as if Europe’s […]
Although somewhat critical of its reductive elements, Foucault found certain attractive features in the ideal or programmatic form imagined by American neoliberalism, namely, that it envisages a kind of regulation outside sovereign, disciplinary, and biopolitical forms, that it regulates without the fabrication of subjectivities and in a manner that optimizes difference and tolerates minority groups…