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Neoliberalism and the Road to Inequality and Stagnation - A Chronicle Foretold (Hardcover)
Loot Price: R3,504
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Neoliberalism and the Road to Inequality and Stagnation - A Chronicle Foretold (Hardcover)
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Tom Palley has made a significant contribution to understanding the
meaning and significance of neoliberalism. This chronicle collects
some of his best work to explain how global adoption of neoliberal
policies over the past thirty years has increased income inequality
and created tendencies to stagnation. The book explores the impact
of neoliberal policies on the US, Europe, and global economy. It
shows how the 2008 financial crisis and Great Recession were
predictable outcomes of the neoliberal policy experiment, as is the
emergence of global "race to the bottom" competition. It also
explains how Europe's economic fragility is connected to the
neoliberal design of the euro. Neoliberalism creates a particular
variety of capitalism. It is a political choice. That means society
is tacitly engaged in a "war of ideas", the outcome of which will
determine our future political economic trajectory. Students,
scholars, and readers in economics and political science will find
this rich collection illuminating in their efforts to better
understand the policy matrix that currently dominates the political
landscape.
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