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Never Let a Serious Crisis Go to Waste - How Neoliberalism Survived the Financial Meltdown (Paperback)
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Never Let a Serious Crisis Go to Waste - How Neoliberalism Survived the Financial Meltdown (Paperback)
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At the onset of the Great Recession, as house prices sank and
joblessness soared, many commentators thought that neoliberalism
itself was in its death throes. And yet it seems
that-post-apocalypse-we've awoken into a second nightmare more
ghastly than the first: a political class still blaming government
intervention, a global drive for austerity, stagflation, and
exploding sovereign debt crises. Philip Mirowski argues that, as in
classic studies of cognitive dissonance, neoliberal thought has
become so pervasive that any countervailing evidence serves only to
further convince disciples of its ultimate truth. Once
neoliberalism became a Theory of Everything-a revolutionary account
of self, knowledge, information, markets, and government-it could
no longer be falsified by mere data from the 'real' economy. In
this sharp, witty and deeply informed account-taking no prisoners
in his pursuit of 'zombie' economists-Mirowski surveys the wreckage
of what passes for economic thought, and finally provides the basis
for an anti-neoliberal account of the current crisis and our future
prospects.
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