Tag Archives: neoliberalism

Central Banks, Technocratic Power, and the Fear of Democracy

Jacqueline Best has an interesting new article that starts with catchy and provocative analogy and then presents thought-provoking discussion and arguments: “What do border guards and central bankers have in common? Both operate, on a day-to-day basis, in political spaces exempt … Continue reading

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Did Neoliberalism and Austerity Cause Brexit? Yes.

While the Brexit process is underway and UK politicians are tearing themselves apart over this overwhelmingly and multidimensionally complicated  issue, an economics professor from Warwick University Thiemo Fetzer provides ample and comprehensive evidence that the austerity-induced withdrawal of the welfare state brought about by the Conservative-led … Continue reading

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Probably the best “Acknowledgments” ever (4)

  “This work has been carried out despite the economical difficulties of the authors’ country. The authors want to overall remark the clear contribution of the Spanish Government in destroying the R&D horizon of Spain and the future of a … Continue reading

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Free to Choose: Hayek’s Road to Fascism

Friedrich Hayek – one of the protagonists and scholastic machinists of Neoliberalism, quite clearly positioned himself in regard to the following subject matter: “No doubt an American or English “Fascist” system would greatly differ from the Italian or German models; no … Continue reading

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Human Being in the ATM called New York

Newsstand, 7th Ave & 28th St intersection, Manhattan, New York City, USA (photo courtesy of Professor Darren Rosenblum)  *** Join Economic Sociology and Political Economy community via Facebook / Twitter / LinkedIn / Google+ / Instagram / Tumblr / Reddit / Telegram  

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Income Inequality is Detrimental to Political and Civil Equality

“Money provides power and power provides freedom”, asserted C. Wright Mills in his masterpiece The Power Elite sixty years ago (1956: 162). In shadow of recent several decades of globalization and neoliberalism, University of Utah researcher Wade Cole took Mills’ argument a step further and … Continue reading

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Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism

by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading

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Thatcherism’s greatest achievement

In 2002, twelve years after Margaret Thatcher left office, she was asked at a dinner what was  her  greatest  achievement.  Thatcher  replied:  “Tony  Blair  and  New  Labour.  We forced our opponents to change their minds.”  (Conor Burns, April 11, 2008) *** … Continue reading

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A Critique of the Critique of Finance: Critics of neoliberal capitalism rarely recognize the productive power of speculation

by Martijn Konings*  If there is one theme that unites the various critiques of contemporary finance, it is the emphasis on its speculative character. Financial growth is said to be driven not by the logic of efficient markets, but rather … Continue reading

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Social Media, Authoritarian Capitalism, and Donald Trump

by Christian Fuchs* In the years from 1986 until 1999, the leader of the Austrian Freedom Party Jörg Haider with the help of anti-immigration slogans, politics as entertainment, a juvenile and dynamic habitus, as well as ridicule of opponents led his … Continue reading

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