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Books > History > History of specific subjects > Economic history
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Populism and Neoliberalism (Paperback)
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Populism and Neoliberalism (Paperback)
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Populism and Neoliberalism argues that the roots of populism lay in
the contradiction between the democratic ideal, which implies that
the people should decide, and neoliberal governance, which seeks to
make markets and competition the arbiters of major social
developments. Neoliberalism is not the product of a clearly
conceived ideology but rather a set of doctrines based on a few
major principles which have been embraced by decision-makers of all
kinds with little reassessment along the way. In practice, a
certain art of governing that exploited an economic thinking
insensitive to social complexity gradually imposed itself by being
wrongly identified as the successor to liberalism. The rise of
populist movements poses a significant challenge to liberal
democracies, yet the causes of these movements remain beyond the
understanding of experts. The explanation of populism is often
limited to a mere political analysis. Contrary to that, this book
investigates the economic and social dynamics of the free-market
system and explains how populism emerges from its imbalances. It
also aims to explain the emergence of the neoliberal doctrines
during the 1930s and to characterise their common features. In
light of this, it explores how the rise of inequality and social
discontent create a pressing duty to develop another model, and
argues that we must now rethink our policies in depth in order to
respond to the challenge of authoritarian populism. This book marks
a significant intervention in the debate about the rise and fall of
neoliberalism. Its analysis of the links between the failings of
neoclassical economics and the failings of neoliberal politics
provides essential reading for anyone interested in the damaging
impact of neoliberalism, the failings of neoclassical economics,
and explanations for the rise of populism.
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