The Scourge Of Neoliberalilsm
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| Author | : Jack Rasmus |
| Publisher | : Clarity Press |
| Total Pages | : 0 |
| Release | : 2020 |
| Genre | : History |
| ISBN | : 9781949762037 |
While the capitalist system has undergone numerous restructurings throughout its history, the capitalist elites' purpose in elaborating these changes has remained the same: to restore and/or extend their hegemony over domestic class and global challengers. The current systemic designation, operative since 1978, is "neoliberalism," deployed to obfuscate what in actuality is US imperialism and domestic class warfare. The Scourge of Neoliberalism describes the origins and evolution of the specifically American form of Neoliberalism. Its expansionary phase--from 1978 to 2008--was disrupted by the global crash and crisis of 2008-09 and was only partially restored by the Obama regime thereafter. Trump's attempt to resuscitate Neoliberalism has led to the emergence of a new, more aggressive and virulent form which, despite some gains, is nonetheless a destabilizing policy regimen destined to break down with the next global economic crisis, which is likely occur by 2020. The political consequences of US neoliberal policy evolution and restoration efforts have led, on the one hand, to the breakdown of government institutions, the decline of mainstream political parties, the atrophy of democratic practices, rights and values, and attacks on civil liberties, and on the other to the embedding of the Neoliberal credo that business tax cuts create jobs, free trade benefits all, low interest rates generate investment, entitlement programs are the cause of government deficits, markets are always efficient, recessions are caused by external shocks to an otherwise stable equilibrium system, and similar empirically unverifiable propositions. In describing the evolution of Neoliberal policies from Reagan through Clinton, the Bushes, Obama, and Trump presidencies, Rasmus shows how they have played a central enabling role in the financialization of the US capitalist economy, in its ever-growing income and wealth inequality gaps, and in the increasing polarization of US society and polity.
| Author | : Jack Rasmus |
| Publisher | : SCB Distributors |
| Total Pages | : 324 |
| Release | : 2020-01-15 |
| Genre | : Business & Economics |
| ISBN | : 1949762041 |
"Rasmus excels at economic history... The Scourge is a powerful, important book. We ignore it at our peril." David Baker, Zmag While the capitalist system has undergone numerous restructurings throughout its history, the capitalist elites’ purpose in elaborating these changes has remained the same: to restore and/or extend their hegemony over domestic class and global challengers. The current systemic designation, operative since 1978, is “neoliberalism,” deployed to obfuscate what in actuality is US imperialism and domestic class warfare. The Scourge of Neoliberalism describes the origins and evolution of the specifically American form of Neoliberalism. Its expansionary phase—from 1978 to 2008—was disrupted by the global crash and crisis of 2008-09 and was only partially restored by the Obama regime thereafter. Trump’s attempt to resuscitate Neoliberalism has led to the emergence of a new, more aggressive and virulent form which, despite some gains, is nonetheless a destabilizing policy regimen destined to break down with the next global economic crisis, which is likely occur by 2020. The political consequences of US neoliberal policy evolution and restoration efforts have led, on the one hand, to the breakdown of government institutions, the decline of mainstream political parties, the atrophy of democratic practices, rights and values, and attacks on civil liberties, and on the other to the embedding of the Neoliberal credo that business tax cuts create jobs, free trade benefits all, low interest rates generate investment, entitlement programs are the cause of government deficits, markets are always efficient, recessions are caused by external shocks to an otherwise stable equilibrium system, and similar empirically unverifiable propositions. In describing the evolution of Neoliberal policies from Reagan through Clinton, the Bushes, Obama, and Trump presidencies, Rasmus shows how they have played a central enabling role in the financialization of the US capitalist economy, in its ever-growing income and wealth inequality gaps, and in the increasing polarization of US society and polity
| Author | : Jack Rasmus |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2020 |
| Genre | : |
| ISBN | : 9781714144327 |
| Author | : Gérard Duménil |
| Publisher | : Harvard University Press |
| Total Pages | : 400 |
| Release | : 2011 |
| Genre | : Business & Economics |
| ISBN | : 0674049888 |
This book examines “the great contraction” of 2007–2010 within the context of the neoliberal globalization that began in the early 1980s. This new phase of capitalism greatly enriched the top 5 percent of Americans, including capitalists and financial managers, but at a significant cost to the country as a whole. Declining domestic investment in manufacturing, unsustainable household debt, rising dependence on imports and financing, and the growth of a fragile and unwieldy global financial structure threaten the strength of the dollar. Unless these trends are reversed, the authors predict, the U.S. economy will face sharp decline.Summarizing a large amount of troubling data, the authors show that manufacturing has declined from 40 percent of GDP to under 10 percent in thirty years. Since consumption drives the American economy and since manufactured goods comprise the largest share of consumer purchases, clearly we will not be able to sustain the accumulating trade deficits.Rather than blame individuals, such as Greenspan or Bernanke, the authors focus on larger forces. Repairing the breach in our economy will require limits on free trade and the free international movement of capital; policies aimed at improving education, research, and infrastructure; reindustrialization; and the taxation of higher incomes.
| Author | : Doctor Kean Birch |
| Publisher | : Zed Books Ltd. |
| Total Pages | : 205 |
| Release | : 2013-07-18 |
| Genre | : Political Science |
| ISBN | : 1848139012 |
The recent, devastating and ongoing economic crisis has exposed the faultlines in the dominant neoliberal economic order, opening debate for the first time in years on alternative visions that do not subscribe to a ‘free’ market ethic. Bringing together the work of distinguished scholars and dedicated activists, The Rise and Fall of Neoliberalism presents critical perspectives of neoliberal policies, questions the ideas underpinning neoliberalism, and explores diverse responses to it from around the world.
| Author | : Pierre Dardot |
| Publisher | : Verso Books |
| Total Pages | : 209 |
| Release | : 2019-04-16 |
| Genre | : Political Science |
| ISBN | : 1786634767 |
Neoliberalism's war against democracy and how to resist it How do we explain the strange survival of the forces responsible for the 2008 economic crisis, one of the worst since 1929? How do we explain the fact that neoliberalism has emerged from the crisis strengthened? When it broke, a number of the most prominent economists hastened to announce the 'death' of neoliberalism. They regarded the pursuit of neoliberal policy as the fruit of dogmatism. For Pierre Dardot and Christian Laval, neoliberalism is no mere dogma. Supported by powerful oligarchies, it is a veritable politico-institutional system that obeys a logic of self-reinforcement. Far from representing a break, crisis has become a formidably effective mode of government. In showing how this system crystallized and solidified, the book explains that the neoliberal straitjacket has succeeded in preventing any course correction by progressively deactivating democracy. Increasing the disarray and demobilization, the so-called 'governmental' Left has actively helped strengthen this oligarchical logic. The latter could lead to a definitive exit from democracy in favour of expertocratic governance, free of any control. However, nothing has been decided yet. The revival of democratic activity, which we see emerging in the political movements and experiments of recent years, is a sign that the political confrontation with the neoliberal system and the oligarchical bloc has already begun.
| Author | : Alfredo Saad-Filho |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2021 |
| Genre | : |
| ISBN | : 9783030816094 |
This book offers an economic analysis of the causes, development, and likely consequences of the Covid-19 pandemic for global neoliberalism. The analysis will draw upon the author's previous work on neoliberalism, and on its twin crises: the economic crisis (the Global Financial Crisis (GFC), ongoing since 2007) and, subsequently, the crisis of political democracy that has been associated with the rise of 'spectacular' authoritarian leaders in several countries. The approach is grounded on Marxist political economy. The book argues that the Covid-19 pandemic emerges out of this context of deep inequalities and crises in the economy and in politics, and it is likely to reinforce the exclusionary tendencies of neoliberalism, with detrimental implications both for economic prosperity and for democracy. In turn, the pandemic has revealed the limitations of neoliberalism like never before, with implications for the legitimacy of capitalism itself, and opening unprecedented spaces for the left. This book will be of interest to academics in economics, international relations, political science, political economy, sociology and development studies. Alfredo Saad-Filho is Professor of Political Economy and International Development at King's College, London, UK.
| Author | : David M. Kotz |
| Publisher | : Harvard University Press |
| Total Pages | : 291 |
| Release | : 2015-02-09 |
| Genre | : Business & Economics |
| ISBN | : 0674725654 |
Shows photographers with budget and space restrictions how to create studio lighting effects that range from clean and classic to highly complex. Original. $20,000 ad/promo.
| Author | : Henk Overbeek |
| Publisher | : Springer |
| Total Pages | : 279 |
| Release | : 2012-02-29 |
| Genre | : Political Science |
| ISBN | : 1137002476 |
The authors interrogate the condition of the neoliberal project in the wake of the global crisis and neoliberalism's predicted death in 2007, both in terms of the regulatory structures of finance-led capitalism in Europe and North America, and the impact of new centres of capitalist power on global order.
| Author | : Garry Rodan |
| Publisher | : Routledge |
| Total Pages | : 340 |
| Release | : 2013-09-13 |
| Genre | : Political Science |
| ISBN | : 1317998243 |
Key events in Asia’s recent history have included the end of the Cold War, the Asian Economic Crisis and the ‘war on terror’. This is a critical assessment of these events, and of the interplay of security and economics in shaping political regimes and modifying market systems. Based on the notion that market systems are inherently political and conflict-ridden, this collection clarifies and explains the conflicts shaping the path of neoliberal globalization. Collectively it represents a disciplined and systematic address of four overarching questions: * What are the significant conflicts emanating from neoliberal globalization, and what are their implications? * What are the implications of new security concerns for these conflicts, and what are their impacts? * How are conflicts associated with globalization and security affecting social and economic policy directions? * Can these directions be reconciled with the reproduction of existing political regimes, or do they threaten their basis? In addressing these questions, the essays depict neoliberal globalization – in the new security context – as being able to accommodate a range of political regimes. This fascinating collection is a must-read for those with a professional interest in the region post-9/11. This book was previously published as a special issue of the Journal Critical Asian Studies.
