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Jul 2, 2024 · Understanding Neoliberalism. Neoliberalism is a political and economic philosophy that emphasizes free trade, deregulation, globalization, and a reduction in government spending. It's related to ...
- Liz Manning
- 2 min
Nov 28, 2023 · A “minimal state” tends to increase the power of private actors at the expense of state-mediated democratic power, letting the market determine social outcomes. But the strong version of the neoliberal state also remains “minimal” in democratic terms as it works for promoting market efficiency rather than democratically determined goals.
- Francesco Laruffa
On the other hand, neoliberalism gained prominence in the late 20th century as a response to the perceived limitations of classical liberalism. Neoliberalism places a stronger emphasis on free markets, deregulation, and privatization. It seeks to maximize economic efficiency and growth through market-oriented policies. Role of the State
Oct 25, 2023 · As Mirowski (2009: 436) puts it in his attempt to set out what historic neoliberalism really meant, ‘A primary ambition of the neoliberal project is to redefine the shape and functions of the state, not to destroy it. [. . .] In practice, “deregulation” cashes out as “re-regulation”, only under a different set of ukases’.
- Tibor Rutar
Aug 5, 2022 · The word ‘neoliberal’ gets thrown around a lot, often with differing and even contradictory meanings. Here, a political economist explains the origins and evolution of this complex concept.
- Anthony Kammas
Jun 9, 2021 · Though not all scholars agree on the meaning of the term, “neoliberalism” is now generally thought to label the philosophical view that a society’s political and economic institutions should be robustly liberal and capitalist, but supplemented by a constitutionally limited democracy and a modest welfare state. Recent work on neoliberalism ...
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Sep 6, 2022 · Neoliberalism contends that markets allocate scarce resources, promote efficient growth and secure individual liberty better than governments. According to the progressive journalist Robert Kuttner, the “basic argument of neoliberalism can fit on a bumper sticker. Markets work; governments don’t.”. From such a perspective, government ...
