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The Rise And Fall Of Neoliberal Capitalism
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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 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 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse that began in 2008 continues to burden the world economy. David Kotz, one of the few academic economists to predict it, argues that the ongoing crisis is not simply the aftermath of financial panic and severe recession but is a structural crisis of neoliberal capitalism whose resolution will require major institutional restructuring.
Book Synopsis The Rise and Fall of the Neoliberal Order by : Gary Gerstle
Download or read book The Rise and Fall of the Neoliberal Order written by Gary Gerstle and published by Oxford University Press. This book was released on 2022-03-01 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most sweeping account of how neoliberalism came to dominate American politics for nearly a half century before crashing against the forces of Trumpism on the right and a new progressivism on the left. The epochal shift toward neoliberalism--a web of related policies that, broadly speaking, reduced the footprint of government in society and reassigned economic power to private market forces--that began in the United States and Great Britain in the late 1970s fundamentally changed the world. Today, the word "neoliberal" is often used to condemn a broad swath of policies, from prizing free market principles over people to advancing privatization programs in developing nations around the world. To be sure, neoliberalism has contributed to a number of alarming trends, not least of which has been a massive growth in income inequality. Yet as the eminent historian Gary Gerstle argues in The Rise and Fall of the Neoliberal Order, these indictments fail to reckon with the full contours of what neoliberalism was and why its worldview had such persuasive hold on both the right and the left for three decades. As he shows, the neoliberal order that emerged in America in the 1970s fused ideas of deregulation with personal freedoms, open borders with cosmopolitanism, and globalization with the promise of increased prosperity for all. Along with tracing how this worldview emerged in America and grew to dominate the world, Gerstle explores the previously unrecognized extent to which its triumph was facilitated by the collapse of the Soviet Union and its communist allies. He is also the first to chart the story of the neoliberal order's fall, originating in the failed reconstruction of Iraq and Great Recession of the Bush years and culminating in the rise of Trump and a reinvigorated Bernie Sanders-led American left in the 2010s. An indispensable and sweeping re-interpretation of the last fifty years, this book illuminates how the ideology of neoliberalism became so infused in the daily life of an era, while probing what remains of that ideology and its political programs as America enters an uncertain future.
Book Synopsis The Rise and Fall of Neoliberalism by : Doctor Kean Birch
Download or read book The Rise and Fall of Neoliberalism written by Doctor Kean Birch and published by Zed Books Ltd.. This book was released on 2013-07-18 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent, devastating and ongoing economic crisis has exposed the faultlines in the dominant neoliberal economic order, opening debate for the first time in years on alternative visions that do not subscribe to a ‘free’ market ethic. Bringing together the work of distinguished scholars and dedicated activists, The Rise and Fall of Neoliberalism presents critical perspectives of neoliberal policies, questions the ideas underpinning neoliberalism, and explores diverse responses to it from around the world.
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 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 . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Brief History of Neoliberalism by : David Harvey
Download or read book A Brief History of Neoliberalism written by David Harvey and published by OUP Oxford. This book was released on 2007-01-04 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neoliberalism - the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action - has become dominant in both thought and practice throughout much of the world since 1970 or so. Its spread has depended upon a reconstitution of state powers such that privatization, finance, and market processes are emphasized. State interventions in the economy are minimized, while the obligations of the state to provide for the welfare of its citizens are diminished. David Harvey, author of 'The New Imperialism' and 'The Condition of Postmodernity', here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. While Thatcher and Reagan are often cited as primary authors of this neoliberal turn, Harvey shows how a complex of forces, from Chile to China and from New York City to Mexico City, have also played their part. In addition he explores the continuities and contrasts between neoliberalism of the Clinton sort and the recent turn towards neoconservative imperialism of George W. Bush. Finally, through critical engagement with this history, Harvey constructs a framework not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.
Book Synopsis A Failure of Capitalism by : Richard A. Posner
Download or read book A Failure of Capitalism written by Richard A. Posner and published by Harvard University Press. This book was released on 2011-05-31 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial and economic crisis that began in 2008 is the most alarming of our lifetime because of the warp-speed at which it is occurring. How could it have happened, especially after all that we've learned from the Great Depression? Why wasn't it anticipated so that remedial steps could be taken to avoid or mitigate it? What can be done to reverse a slide into a full-blown depression? Why have the responses to date of the government and the economics profession been so lackluster? Richard Posner presents a concise and non-technical examination of this mother of all financial disasters and of the, as yet, stumbling efforts to cope with it. No previous acquaintance on the part of the reader with macroeconomics or the theory of finance is presupposed. This is a book for intelligent generalists that will interest specialists as well. Among the facts and causes Posner identifies are: excess savings flowing in from Asia and the reckless lowering of interest rates by the Federal Reserve Board; the relation between executive compensation, short-term profit goals, and risky lending; the housing bubble fuelled by low interest rates, aggressive mortgage marketing, and loose regulations; the low savings rate of American people; and the highly leveraged balance sheets of large financial institutions. Posner analyzes the two basic remedial approaches to the crisis, which correspond to the two theories of the cause of the Great Depression: the monetarist--that the Federal Reserve Board allowed the money supply to shrink, thus failing to prevent a disastrous deflation--and the Keynesian--that the depression was the product of a credit binge in the 1920's, a stock-market crash, and the ensuing downward spiral in economic activity. Posner concludes that the pendulum swung too far and that our financial markets need to be more heavily regulated. Read Richard Posner's blog, and his latest article in The Atlantic.
Book Synopsis The Rise and Fall of the Neoliberal Order by : Gary Gerstle
Download or read book The Rise and Fall of the Neoliberal Order written by Gary Gerstle and published by Oxford University Press. This book was released on 2022 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gary Gerstle provides a sweeping re-interpretation of the entire era - from the revival of market liberalism in the 1970s to the ruin generated by the 2008 global financial crisis - that places America at the center.--
Book Synopsis The Triumph of Broken Promises by : Fritz Bartel
Download or read book The Triumph of Broken Promises written by Fritz Bartel and published by Harvard University Press. This book was released on 2022-08-09 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politicians could win votes by pushing market discipline.
Book Synopsis The Crisis of Capitalist Democracy by : Richard A. Posner
Download or read book The Crisis of Capitalist Democracy written by Richard A. Posner and published by Harvard University Press. This book was released on 2010-01-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following up on his timely and well-received book, A Failure of Capitalism, Richard Posner steps back to take a longer view of the continuing crisis of democratic capitalism as the American and world economies crawl gradually back from the depths to which they had fallen in the autumn of 2008 and the winter of 2009. By means of a lucid narrative of the crisis and a series of analytical chapters pinpointing critical issues of economic collapse and gradual recovery, Posner helps non-technical readers understand business-cycle and financial economics, and financial and governmental institutions, practices, and transactions, while maintaining a neutrality impossible for persons professionally committed to one theory or another. He calls for fresh thinking about the business cycle that would build on the original ideas of Keynes. Central to these ideas is that of uncertainty as opposed to risk. Risk can be quantified and measured. Uncertainty cannot, and in this lies the inherent instability of a capitalist economy. As we emerge from the financial earthquake, a deficit aftershock rumbles. It is in reference to that potential aftershock, as well as to the government's stumbling efforts at financial regulatory reform, that Posner raises the question of the adequacy of our democratic institutions to the economic challenges heightened by the greatest economic crisis since the Great Depression. The crisis and the government's energetic response to it have enormously increased the national debt at the same time that structural defects in the American political system may make it impossible to pay down the debt by any means other than inflation or devaluation.
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.
Download or read book The Shock Doctrine written by Naomi Klein and published by Metropolitan Books. This book was released on 2010-04-01 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
Book Synopsis Destroying Democracy by : Jane Duncan
Download or read book Destroying Democracy written by Jane Duncan and published by Wits University Press. This book was released on 2021-08-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of the erosion of democracy across the globe Democracy is being destroyed. This is a crisis that expresses itself in the rising authoritarianism visible in divisive and exclusionary politics, populist political parties and movements, increased distrust in fact-based information and news, and the withering accountability of state institutions. Over the last four decades, democracy has radically shifted to a market democracy in which all aspects of human, non-human and planetary life are commodified, with corporations becoming more powerful than states and their citizens. This is how neoliberal capitalism functions at a systemic level and if left unchecked, is the greatest threat to democracy and a sustainable planet. Volume six of the Democratic Marxism series focuses on how decades of neoliberal capitalism have eroded the global democratic project and how, in the process, authoritarian politics are gaining ground. Scholars and activists from the political left focus on four country cases – India, Brazil, South Africa and the United States of America – in which the COVID-19 pandemic has fuelled and highlighted the pre-existing crisis. They interrogate issues of politics, ecology, state security, media, access to information and political parties, and affirm the need to reclaim and re-build an expansive and inclusive democracy. Destroying Democracy is an invaluable resource for the general public, activists, scholars and students who are interested in understanding the threats to democracy and the rising tide of authoritarianism in the global south and the global north.
Book Synopsis Life as Surplus by : Melinda E. Cooper
Download or read book Life as Surplus written by Melinda E. Cooper and published by University of Washington Press. This book was released on 2011-02-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the period between the 1970s and the present, Life as Surplus is a pointed and important study of the relationship between politics, economics, science, and cultural values in the United States today. Melinda Cooper demonstrates that the history of biotechnology cannot be understood without taking into account the simultaneous rise of neoliberalism as a political force and an economic policy. From the development of recombinant DNA technology in the 1970s to the second Bush administration's policies on stem cell research, Cooper connects the utopian polemic of free-market capitalism with growing internal contradictions of the commercialized life sciences. The biotech revolution relocated economic production at the genetic, microbial, and cellular level. Taking as her point of departure the assumption that life has been drawn into the circuits of value creation, Cooper underscores the relations between scientific, economic, political, and social practices. In penetrating analyses of Reagan-era science policy, the militarization of the life sciences, HIV politics, pharmaceutical imperialism, tissue engineering, stem cell science, and the pro-life movement, the author examines the speculative impulses that have animated the growth of the bioeconomy. At the very core of the new post-industrial economy is the transformation of biological life into surplus value. Life as Surplus offers a clear assessment of both the transformative, therapeutic dimensions of the contemporary life sciences and the violence, obligation, and debt servitude crystallizing around the emerging bioeconomy.
Book Synopsis The Rise of China and the Demise of the Capitalist World Economy by : Minqi Li
Download or read book The Rise of China and the Demise of the Capitalist World Economy written by Minqi Li and published by Monthly Review Press. This book was released on 2009-03-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
Book Synopsis Constructions of Neoliberal Reason by : Jamie Peck
Download or read book Constructions of Neoliberal Reason written by Jamie Peck and published by Oxford University Press. This book was released on 2010-10-28 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the rise and diffusion of free-market thinking, from the early 20th Century through to the age of Obama. It tracks the ascendency of neoliberalism, its key players and decisive moments of reconstruction, including the Chicago School of economics, New York City's bankruptcy, Hurricane Katrina, and the Wall Street crisis of 2008.
