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The Political Theory of Neoliberalism (Hardcover)
Loot Price: R3,075
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The Political Theory of Neoliberalism (Hardcover)
Series: Currencies: New Thinking for Financial Times
Expected to ship within 10 - 15 working days
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Neoliberalism has become a dirty word. In political discourse, it
stigmatizes a political opponent as a market fundamentalist; in
academia, the concept is also mainly wielded by its critics, while
those who might be seen as actual neoliberals deny its very
existence. Yet the term remains necessary for understanding the
varieties of capitalism across space and time. Arguing that
neoliberalism is widely misunderstood when reduced to a doctrine of
markets and economics alone, this book shows that it has a
political dimension that we can reconstruct and critique.
Recognizing the heterogeneities within and between both neoliberal
theory and practice, The Political Theory of Neoliberalism looks to
distinguish between the two as well as to theorize their
relationship. By examining the views of state, democracy, science,
and politics in the work of six major figures—Eucken, Röpke,
Rüstow, Hayek, Friedman, and Buchanan—it offers the first
comprehensive account of the varieties of neoliberal political
thought. Ordoliberal perspectives, in particular, emerge in a new
light. Turning from abstract to concrete, the book also interprets
recent neoliberal reforms of the European Union to offer a
diagnosis of contemporary capitalism more generally. The latest
economic crises hardly brought the neoliberal era to an end.
Instead, as Thomas Biebricher shows, we are witnessing an
authoritarian liberalism whose reign has only just begun.
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