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Economic Transitions to Neoliberalism in Middle-Income Countries - Policy Dilemmas, Crises, Mass Resistance (Paperback)
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Economic Transitions to Neoliberalism in Middle-Income Countries - Policy Dilemmas, Crises, Mass Resistance (Paperback)
Series: Routledge Studies in Development Economics
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Neoliberalism is based on the systematic use of state power to
impose, under the veil of 'non-intervention', a hegemonic project
of recomposition of capitalist rule in most areas of social life.
The tensions and displacements embedded within global neoliberalism
are nowhere more evident than in the middle-income countries. At
the domestic level, the neoliberal transitions have transformed
significantly the material basis of social reproduction in these
countries. These transformations include, but they are not limited
to, shifts in economic and social policy. They also encompass the
structure of property, the modality of insertion of the country
into the international economy, and the domestic forms of
exploitation and social domination. The political counterpart of
these processes is the limitation of the domestic political sphere
through the insulation of 'markets' and investors from social
accountability and the imposition of a stronger imperative of
labour control, allegedly in order to secure international
competitiveness. These economic and political shifts have reduced
the scope for universal welfare provision and led to regressive
distributive shifts and higher unemployment and job insecurity in
most countries. They have also created an income-concentrating
dynamics of accumulation that has proven immune to Keynesian and
reformist interventions. This book examines these challenges and
dilemmas analytically, and empirically in different national
contexts. This edited collection offers a theoretical critique of
neoliberalism and a review of the contrasting experiences of eight
middle-income countries (Brazil, China, India, Mexico, South
Africa, South Korea, Turkey and Venezuela). The studies included
are interdisciplinary, ranging across economics, sociology,
anthropology, international relations, political science and
related social sciences. The book focuses on a materialist
understanding of the workings of neoliberalism as a modality of
social and economic reproduction, and its everyday practices of
dispossession and exploitation. It will therefore be of particular
interest to scholars in industrial policy, neoliberalism and
development strategy.
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