A Glance in the Rear View Mirror
Neoliberal Ideology From its Origins to the Present
Description
As the financial crisis continues to shake the economy it has begun to expose cracks in the ideology long used to justify neoliberal policies. This informed and accessible primer drives a wedge into these cracks, allowing the non-expert to understand the flaws in the economic philosophy of the 1%.
Author Bios
Eric Toussaint is president of the Committee for the Abolition of Illegitimate Debts (CADTM), and author of numerous books on economic policy.
More Info
Publication date: July 17, 2012
Table of Contents
Table of contents
Introduction
Liberalism Eclipsed: from the 1930s upto the 1970s
Liberal ideology returns with a vengeance: the 1970s
The theoretical foundation of the various neo-liberal currents
Forerunners of the neo-liberals
Adam Smith
Jean-Baptiste Say
David Ricardo
Other economists
The Keynesian revolution
Preparing the neo-liberal counter-revolution
The neo-liberal wave
Robert Lucas and the denial of involuntary unemployment
Free markets ensure the optimum allocation of resources - a key postulate of neo-conservatism
Portraying the oppressed as oppressors: the neo-liberal sleight of hand
Globalization from Christopher Columbus and Vasco da Gama until today
The market: the new faith Shanghai
The Irish crisis: a complete failure for neo-liberalism
Bibliography
