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Constructions of Neoliberal Reason (Paperback)
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Constructions of Neoliberal Reason (Paperback)
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Amongst intellectuals and activists, neoliberalism has become a
potent signifier for the kind of free-market thinking that has
dominated politics for the past three decades. Forever associated
with the conviction politics of Ronald Reagan and Margaret
Thatcher, the free-market project has since become synonymous with
the 'Washington consensus' on international development policy and
the phenomenon of corporate globalization, where it has come to
mean privatization, deregulation, and the opening up of new
markets. But beyond its utility as a protest slogan or buzzword as
shorthand for the political-economic Zeitgeist, what do we know
about where neoliberalism came from and how it spread? Who are the
neoliberals, and why do they studiously avoid the label?
Constructions of Neoliberal Reason presents a radical critique of
the free-market project, from its origins in the first half of the
20th Century through to the recent global economic crisis, from the
utopian dreams of Friedrich von Hayek through the dogmatic theories
of the Chicago School to the hope and hubris of Obamanomics. The
book traces how neoliberalism went from crank science to common
sense in the period between the Great Depression and the age of
Obama. Constructions of Neoliberal Reason dramatizes the rise of
neoliberalism and its uneven spread as an intellectual, political,
and cultural project, combining genealogical analysis with situated
case studies of formative moments throughout the world, like New
York City's bankruptcy, Hurricane Katrina, and the Wall Street
crisis of 2008. The book names and tracks some of neoliberalism's
key protagonists, as well as some of the less visible bit-part
players. It explores how this adaptive regime of market rule was
produced and reproduced, its logics and limits, its faults and its
fate.
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