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The Legitimation Crisis Of Neoliberalism
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Book Synopsis The Legitimation Crisis of Neoliberalism by : Alessandro Bonanno
Download or read book The Legitimation Crisis of Neoliberalism written by Alessandro Bonanno and published by Springer. This book was released on 2017-07-06 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a theory of the legitimation crisis of neoliberalism. Through analyses of the legitimation crisis of regulated capitalism and the characteristics and theories of neoliberalism, the author contends that neoliberalism is affected by crises of system and social integration. The crisis of system integration refers to the inability of market mechanisms to address problems of capital accumulation and social stability. The crisis of social integration refers to the unmet promises of economic growth and social well-being. While attempts to address these crises are carried out through state intervention, crisis resolutions are inadequate due to the limits of the free market system and current state forms. Alessandro Bonanno contends that, as ideological and material forms of legitimation are inadequate, and processes of capital accumulation are sluggish and resistance weak, change is necessary. He outlines how this change will be controlled by corporate actors, minimally address the demands of subordinate groups, and marginally alter existing conditions.
Book Synopsis The Neoliberal Legitimation Crisis of 2008 by : Aditya (Adi) Habbu
Download or read book The Neoliberal Legitimation Crisis of 2008 written by Aditya (Adi) Habbu and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper will discuss how the Financial Crisis of 2008 has thrown neoliberalism into a deep legitimation crisis. Over the past four decades the neoliberal ethic of Ronald Reagan and Margaret Thatcher has permeated American life both public and private. The principles of the laissez faire markets and of individual responsibility have guided most if not all national policy. Central to these principles was deregulation. As the Financial Crisis shifted into high gear, the tenants of neoliberalism, such as deregulation, became the target of considerable criticism. Section I will begin with an explanation of Jurgen Habermas's theory of the legitimation crisis. In particular, this section will discuss how an economic crisis can lead to a legitimation crisis. Section II will briefly sketch the rise of neoliberalism in America, flag the key tenants of neoliberalism, and highlight the key 'contradictions' of neoliberalism. Sections III will layout a history of the Financial Crisis and the backlash to the neoliberal position. Finally this paper will consider what the consequences of this Crisis will be for the neoliberal establishment.
Book Synopsis The Crisis of Neoliberalism by : Gérard Duménil
Download or read book The Crisis of Neoliberalism written by Gérard Duménil and published by Harvard University Press. This book was released on 2011 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.Summarizing a large amount of troubling data, the authors show that manufacturing has declined from 40 percent of GDP to under 10 percent in thirty years. Since consumption drives the American economy and since manufactured goods comprise the largest share of consumer purchases, clearly we will not be able to sustain the accumulating trade deficits.Rather than blame individuals, such as Greenspan or Bernanke, the authors focus on larger forces. Repairing the breach in our economy will require limits on free trade and the free international movement of capital; policies aimed at improving education, research, and infrastructure; reindustrialization; and the taxation of higher incomes.
Book Synopsis Reading Legitimation Crisis in Tehran by : Danny Postel
Download or read book Reading Legitimation Crisis in Tehran written by Danny Postel and published by Paradigm. This book was released on 2006 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Iran depicted in the headlines is a rogue state ruled by ever-more-defiant Islamic fundamentalists. Yet inside the borders, an unheralded transformation of a wholly different political bent is occurring. A "liberal renaissance," as one Iranian thinker terms it, is emerging in Iran, and in this pamphlet, Danny Postel charts the contours of the intellectual upheaval. Reading "Legitimation Crisis" in Tehran examines the conflicted positions of the Left toward Iran since 1979, and, in particular, critically reconsiders Foucault's connection to the Iranian Revolution. Postel explores the various elements of the subtle liberal revolution and proposes a host of potential implications of this transformation for Western liberalism. He examines the appeal of Jürgen Habermas, Hannah Arendt, and Isaiah Berlin among Iranian intellectuals and ponders how their ideas appear back to us when refracted through a Persian prism. Postel closes with a thought-provoking conversation with eminent Iranian philosopher Ramin Jahanbegloo. A provocative and incisive polemic highly relevant to our times, Reading "Legitimation Crisis" in Tehran will be of interest to anyone who wants to get beyond alarmist rhetoric and truly understand contemporary Iran.
Book Synopsis In the Ruins of Neoliberalism by : Wendy Brown
Download or read book In the Ruins of Neoliberalism written by Wendy Brown and published by Columbia University Press. This book was released on 2019-07-16 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across the West, hard-right leaders are surging to power on platforms of ethno-economic nationalism, Christianity, and traditional family values. Is this phenomenon the end of neoliberalism or its monstrous offspring? In the Ruins of Neoliberalism casts the hard-right turn as animated by socioeconomically aggrieved white working- and middle-class populations but contoured by neoliberalism’s multipronged assault on democratic values. From its inception, neoliberalism flirted with authoritarian liberalism as it warred against robust democracy. It repelled social-justice claims through appeals to market freedom and morality. It sought to de-democratize the state, economy, and society and re-secure the patriarchal family. In key works of the founding neoliberal intellectuals, Wendy Brown traces the ambition to replace democratic orders with ones disciplined by markets and traditional morality and democratic states with technocratic ones. Yet plutocracy, white supremacy, politicized mass affect, indifference to truth, and extreme social disinhibition were no part of the neoliberal vision. Brown theorizes their unintentional spurring by neoliberal reason, from its attack on the value of society and its fetish of individual freedom to its legitimation of inequality. Above all, she argues, neoliberalism’s intensification of nihilism coupled with its accidental wounding of white male supremacy generates an apocalyptic populism willing to destroy the world rather than endure a future in which this supremacy disappears.
Book Synopsis The Age of Crisis by : Alfredo Saad-Filho
Download or read book The Age of Crisis written by Alfredo Saad-Filho and published by Springer Nature. This book was released on 2021-09-27 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an analysis of the causes, development, and likely consequences of the Covid-19 pandemic for global neoliberalism. The analysis will draw upon the author’s previous work on neoliberalism, and on its twin crises: the economic crisis (the Global Financial Crisis (GFC), ongoing since 2007) and, subsequently, the crisis of political democracy that has been associated with the rise of ‘spectacular’ authoritarian leaders in several countries. The approach is grounded on Marxist political economy. The book argues that the Covid-19 pandemic emerges out of this context of deep inequalities and crises in the economy and in politics, and it is likely to reinforce the exclusionary tendencies of neoliberalism, with detrimental implications both for economic prosperity and for democracy. In turn, the pandemic has revealed the limitations of neoliberalism like never before, with implications for the legitimacy of capitalism itself, and opening unprecedented spaces for the left. This book will be of interest to academics in economics, international relations, political science, political economy, sociology and development studies.
Book Synopsis States of Discipline by : Cemal Burak Tansel
Download or read book States of Discipline written by Cemal Burak Tansel and published by Rowman & Littlefield. This book was released on 2017-02-08 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the severity of the global economic crisis and the widespread aversion towards austerity policies, neoliberalism remains the dominant mode of economic governance in the world. What makes neoliberalism such a resilient mode of economic and political governance? How does neoliberalism effectively reproduce itself in the face of popular opposition? States of Discipline offers an answer to these questions by highlighting the ways in which today’s neoliberalism reinforces and relies upon coercive practices that marginalize, discipline and control social groups. Such practices range from the development of market-oriented policies through legal and administrative reforms at the local and national-level, to the coercive apparatuses of the state that repress the social forces that oppose various aspects of neoliberalization. The book argues that these practices are built on the pre-existing infrastructure of neoliberal governance, which strive towards limiting the spaces of popular resistance through a set of administrative, legal and coercive mechanisms. Exploring a range of case studies from across the world, the book uses ‘authoritarian neoliberalism’ as a conceptual prism to shed light on the institutionalization and employment of state practices that invalidate public input and silence popular resistance.
Book Synopsis The Rise and Fall of Neoliberal Capitalism by : David M. Kotz
Download or read book The Rise and Fall of Neoliberal Capitalism written by David M. Kotz and published by Harvard University Press. This book was released on 2015-02-09 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows photographers with budget and space restrictions how to create studio lighting effects that range from clean and classic to highly complex. Original. $20,000 ad/promo.
Book Synopsis Rethinking Higher Education and the Crisis of Legitimation in Europe by : Ourania Filippakou
Download or read book Rethinking Higher Education and the Crisis of Legitimation in Europe written by Ourania Filippakou and published by Taylor & Francis. This book was released on 2022-08-29 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on Ourania Filippakou’s previous work on higher education in the fields of governance, neoliberalism, university entrepreneurialism and marketization, institutional and social stratification, Rethinking Higher Education and the Crisis of Legitimation in Europe contributes to the debate on higher education from a critical policy perspective. Introducing new ideas on the relationships between the alleged pursuit of excellence in higher education and the ways in which both deploys and reflects how power is wielded in Europe and other neoliberal capitalist societies. The term "legitimation" is here coined to emphasize how new coercive strategies, political decisions, and management styles have emerged in the age of excellence in higher education. The book concludes with a more personal reflection on the neutrality of higher education and its illusory promises.
Book Synopsis The Neoliberal Regime in the Agri-Food Sector by : Steven A. Wolf
Download or read book The Neoliberal Regime in the Agri-Food Sector written by Steven A. Wolf and published by Routledge. This book was released on 2013-12-04 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last three decades, the Neoliberal regime, emphasising economic growth through deregulation, market integration, expansion of the private sector, and contraction of the welfare state has shaped production and consumption processes in agriculture and food. These institutional arrangements emerged from and advanced academic and popular beliefs about the virtues of private, market-based coordination relative to public, state-based problem solving. This book presents an informed, constructive dialogue around the thesis that the Neoliberal mode of governance has reached some institutional and material limits. Is Neoliberalism exhausted? How should we understand crisis applied to Neoliberalism? What are the opportunities and risks linked to the construction of alternatives? The book advances a critical evaluation of the evidence supporting claims of rupture of, or incursions into, the Neoliberal model. It also analyzes pragmatic responses to these critiques including policy initiatives, social mobilization and experimentation at various scales and points of entry. The book surveys and synthesizes a range of sociological frames designed to grapple with the concepts of regimes, systemic crisis and transitions. Contributions include historical analysis, comparative analysis and case studies of food and agriculture from around the globe. These highlight particular aspects of crisis and responses, including the potential for continued resilience, a neo-productivist return, as well as the emergence and scaling up of alternative models.
Book Synopsis Neoliberalism, Management and Religion by : Edward Wray-Bliss
Download or read book Neoliberalism, Management and Religion written by Edward Wray-Bliss and published by Routledge. This book was released on 2019-03-14 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of non-secular, religious, concepts in contemporary managerial discourse to legitimise leadership, organisation and work has been undertheorised. Concepts such as organisational soul, Spiritual Leadership, a wider deification (and demonisation) of leaders, and the mantra of individual freedom each evoke long religio-historical roots. The deployment of such terms in the present to (re)enrol people into the service of capitalism speaks both to high levels of religious belief worldwide and, more specifically, to a history of religion intersecting with public life in the US—a context pivotal in the development and dissemination of managerialism and wider neoliberal discourse. Organised around the concepts of Gods, Devils, Soul and the Individual this book will show how these concepts are being employed in current managerial, leadership and organisation discourses, critically examine the religio-historical and philosophical roots of such, and demonstrate how the religio-historical and religio-philosophical can be brought into the lexicon of critical organisational scholarship to provide a language to engage with the non-secular legitimation of capitalism and its institutions. In so doing, this book is a timely addition to organisation and management theory. It comes at a time that is witnessing a wider ‘theological turn’ in continental philosophy, mounting calls within organisation studies to ‘take religion seriously’, and an ongoing legitimation crisis of neoliberalism, one that is raising pivotal questions concerning how neoliberalism endures despite the deprivations and harms it occasions. This book is intended to be engaging and erudite, drawing upon a trans-disciplinary combination of popular and academic management texts, contemporary and classical philosophy, literature and religio-historical sources foundational in the construction of the Western subject.
Book Synopsis The Inequality Crisis by : Roger Brown
Download or read book The Inequality Crisis written by Roger Brown and published by Policy Press. This book was released on 2017-09-06 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic inequality has at last taken center stage in political discourse, but little is said to explain or to offer solutions to it. Written by an award-winning academic and policy maker, The Inequality Crisis provides a comprehensive, evenhanded survey of all the available evidence. Fully up to date with the latest developments, from Brexit to Donald Trump's election, this accessible, jargon-free introduction is international in scope and packed with eye-opening facts. In his closing chapters, Roger Brown evaluates whether current UK government policies will actually help reduce inequality and offers practical suggestions relevant the world over, including raising taxes on higher earners, implementing tougher action against tax dodgers, helping people on lower incomes to save, and reducing inequalities in education.
Download or read book Imagined Futures written by Jens Beckert and published by Harvard University Press. This book was released on 2016-06-07 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a capitalist system, consumers, investors, and corporations orient their activities toward a future that contains opportunities and risks. How actors assess uncertainty is a problem that economists have tried to solve through general equilibrium and rational expectations theory. Powerful as these analytical tools are, they underestimate the future’s unknowability by assuming that markets, in the aggregate, correctly forecast what is to come. Jens Beckert adds a new chapter to the theory of capitalism by demonstrating how fictional expectations drive modern economies—or throw them into crisis when the imagined futures fail to materialize. Collectively held images of how the future will unfold are critical because they free economic actors from paralyzing doubt, enabling them to commit resources and coordinate decisions even if those expectations prove inaccurate. Beckert distinguishes fictional expectations from performativity theory, which holds that predictions tend to become self-fulfilling prophecies. Economic forecasts are important not because they produce the futures they envision but because they create the expectations that generate economic activity in the first place. Actors pursue money, investments, innovations, and consumption only if they believe the objects obtained through market exchanges will retain value. We accept money because we believe in its future purchasing power. We accept the risk of capital investments and innovation because we expect profit. And we purchase consumer goods based on dreams of satisfaction. As Imagined Futures shows, those who ignore the role of real uncertainty and fictional expectations in market dynamics misunderstand the nature of capitalism.
Book Synopsis Religion in the Neoliberal Age by : François Gauthier
Download or read book Religion in the Neoliberal Age written by François Gauthier and published by Routledge. This book was released on 2016-04-08 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, together with a complementary volume 'Religion in Consumer Society', focuses on religion, neoliberalism and consumer society; offering an overview of an emerging field of research in the study of contemporary religion. Claiming that we are entering a new phase of state-religion relations, the editors examine how this is historically anchored in modernity but affected by neoliberalization and globalization of society and social life. Seemingly distant developments, such as marketization and commoditization of religion as well as legalization and securitization of social conflicts, are transforming historical expressions of 'religion' and 'religiosity' yet these changes are seldom if ever understood as forming a coherent, structured and systemic ensemble. 'Religion in the Neoliberal Age' includes an extensive introduction framing the research area, and linking it to existing scholarship, before looking at four key issues: 1. How changes in state structures have empowered new modes of religious activity in welfare production and the delivery of a range of state services; 2. How are religion-state relations transforming under the pressures of globalization and neoliberalism; 3. How historical churches and their administrations are undergoing change due to structural changes in society, and what new forms of religious body are emerging; 4. How have law and security become new areas for solving religious conflicts. Outlining changes in both the political-institutional and cultural spheres, the contributors offer an international overview of developments in different countries and state of the art representation of religion in the new global political economy.
Book Synopsis Neoliberal Transformations of the Italian State by : Adriano Cozzolino
Download or read book Neoliberal Transformations of the Italian State written by Adriano Cozzolino and published by Rowman & Littlefield. This book was released on 2021-01-28 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is an exploration, on both theoretical and empirical grounds, into the nature and the transformation of the state in the neoliberal era. Nowadays, a widespread crisis of legitimation affects the institutions and authority of the state; similarly, and especially after the Great Crisis of 2008 to present, the European project is increasingly questioned by populist and neo-nationalist forces, which politically advance in the state and society, and promote further coercive-oriented reconfiguration of state powers and apparatus. The ‘nationalist international’, the ‘new populists’ and/or the ‘rise of new international fascism’ are questions on the verge of international scholarship and political debate. However, many of these studies often miss the specificity and critical importance of the study of the state and of state (institutional and ideological) powers; even more importantly, the phenomenon of populism/neo-authoritarianism is interpreted by the mainstream as a clear break with traditional centrist parties, with the result of neglecting the past authoritarian tendencies that accompany the entire history of neoliberalism. This book aspires to be a guide for political activist and policy-makers: specifically, by showing how the state is of critical importance to the making of neoliberalism in institutional and cultural terms, it also aims to rethink the state as the arena of politics and, accordingly, as the key site to promote alternatives to neoliberalism.
Download or read book Undoing the Demos written by Wendy Brown and published by MIT Press. This book was released on 2015-02-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book for the age of resistance, for the occupiers of the squares, for the generation of Occupy Wall Street. The premier radical political philosopher of our time offers a devastating critique of the way neoliberalism has hollowed out democracy.
Book Synopsis For a Left Populism by : Chantal Mouffe
Download or read book For a Left Populism written by Chantal Mouffe and published by Verso Books. This book was released on 2018 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are currently witnessing in Western Europe a “populist moment” that signals the crisis of neoliberal hegemony. The central axis of the political conflict will be between right- and left-wing populism. By establishing a frontier between “the people” and “the oligarchy,” a leftpopulist strategy could bring together the manifold struggles against subordination, oppression and discrimination.This strategy acknowledges that democratic discourse plays a crucial role in the political imaginary of our societies. And through the construction of a collective will, mobilizing common affects in defence of equality and social justice, it will be possible to combat the xenophobic policies promoted by right-wing populism.
