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Capitalism and neoliberalism are economic systems that have shaped the modern world in significant ways. While capitalism emphasizes free markets and individualism, neoliberalism builds upon these principles with a focus on limited government intervention and free trade.
Jan 23, 1992 · A central theme of this book is that the golden age of capitalism, like other historical epochs, must be understood as a set of interlocking institutions, and that the interactions between the institutions that operate in different spheres are crucial.
The new institutions marking the golden age of capitalism—increased trade union strength and government spending on social insurance—addressed the aggregate demand problems highlighted by the Great Depression and were associated with rapid productivity growth, investment, and falling inequality.
Feb 14, 2022 · This chapter details the mutually reinforcing relationship between globalization, neoliberalism, and late capitalism. The chapter emphasizes the dialectical and politically determined evolution of all three, explaining how intensifying patterns of competition have resulted in diminishing the power of progressive social forces and increasing the ...
May 22, 2024 · Whereas the Golden Age of Capitalism was characterized by cooperation and sociopolitical expansion, the neoliberal program fits on a beer coaster: “When everyone thinks of himself, everyone is thought of.”. The 1980s and 1990s thus saw a different, colder wind blow through political economies.
Mar 21, 2015 · As such, the main difference between economic neoliberalism and other forms of liberal theory is that where the more moderate forms of economic liberalism would be likely to support privatization, economic neoliberalism necessitates it regardless of situational variations.
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This chapter focuses on the six major OECD countries — France, Germany, Italy, Japan, United Kingdom, and United States — during the ‘golden age’.
