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Status:
Available4.7
33 reviewsISBN-10 : 0198849672
ISBN-13 : 9780198849674
Author: Manfred B. Steger, Ravi K. Roy
Anchored in the principles of free-market economics, neoliberalism emerged in the 1990s as the world's most dominant economic paradigm. It has been associated with various political leaders from Ronald Reagan, Margaret Thatcher, and Bill Clinton, to Tony Blair, Barack Obama, and Manmohan Singh. Neoliberalism even penetrated deeply into communist China's powerful economic system. However, the 2008 Global Financial Crisis and the related European Sovereign Debt Crisis triggered a decade of economic volatility and insecurity that boosted the fortunes of the 1 per cent while saddling the 99 per cent with stagnant wages and precarious work. As a result of this Great Recession, neoliberalism fortunes have waned considerably. This downward trend further accelerated with the recent surge of national populism around the world that brought to power outspoken critics of neoliberalism like Donald Trump, Boris Johnson, Jair Bolsonaro, and Narendra Modi. Is neoliberalism doomed or will it regain its former glory? And what are the major types of neoliberalism, and how did they evolve over the decades?
1 What's 'neo' about liberalism?
2 Three waves of neoliberalism
3 Neoliberalism in the Asia-Pacific region
4 Neoliberalism in Latin America and Africa
5 Neoliberalism challenged
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what is neoliberalism in simple terms
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Tags: Neoliberalism, Short Introduction, Introductions, Manfred Steger, Ravi Roy