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Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown
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Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown

4.13  ·  Rating Details  ·  122 Ratings  ·  13 Reviews
At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. Yet in the harsh light of a new day, attacks against government intervention and the global drive for austerity are as strong as ever. Never Let a Serious Crisis Go to Waste is the ...more
Hardcover, 384 pages
Published June 25th 2013 by Verso (first published January 1st 2013)
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Simon Wood
Mar 23, 2014 Simon Wood rated it liked it
A SERIOUS ANALYSIS GONE TO WASTE

My feelings regarding Mirowski's "Never Let A Serious Crisis Go To Waste" are decidedly mixed, on the one hand there is much fascinating information and analysis with regards to both Economists and the Financial Meltdown, on the other... well imagine Thomas Frank (of One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy & Pity the Billionaire: The Hard-Times Swindle and the Unlikely Comeback of the Right fame) mainlining
...more
Sara
Jun 15, 2014 Sara rated it it was amazing
Shelves: empire
The end of truth as narrated by the Proust of economic thought

[Through my ratings, reviews and edits I'm providing intellectual property and labor to Amazon.com, Inc., listed on Nasdaq, which fully owns Goodreads.com and in 2013 posted revenues for $74 billion and $274 million profits. Intellectual property and labor require compensation. Amazon.com, Inc. is also requested to provide assurance that its employees and contractors' working conditions meet the highest health and safety standards
...more
Peter Mcloughlin
How is it that we suffer the biggest economic meltdown in 2008 since the great depression and the orthodoxy behind it ,neoliberalism, is stronger than ever. Usaully after colossal failure like orthodox neoliberalism. Neoliberalism is 20th century version of Liassez Faire with all the championing of rich and trampling of the weak it implies. It was developed by a collection of intellectuals of Austrian school of economics who despised government intervention in the market. Neoliberals drawing on ...more
Rhys
Aug 22, 2015 Rhys rated it it was amazing
The last time I had to read a book with a dictionary on my lap, my bicycle had a banana seat and sissy bar.

intercalated, defalcations, quantifornication, banjax, caliginous, peccadilloes, apophenia, ukases, hegira, hebetude ... you get the picture.

Beyond this awesome vocabularic (I know, I made that word up) spectacle, the book is amazing. Though I thought David Harvey's book on neoliberalism was very good when it was published - this one better captures the insidious rot that is this modern pol
...more
Aaron Arnold
It's indisputable that Mirowski knows how to pick his subjects; his earlier work Machine Dreams is a really interesting history of the influence of Cold War institutions and fields of study like cybernetics on the development of much of modern economics, far-reaching in its subject material and insightful on almost every page. For this work, the subtitle promises an analysis of how neoliberal economics (more on what that is in a bit) managed to outlast the financial crisis and ensuing recession ...more
Tara Brabazon
Mar 04, 2016 Tara Brabazon rated it it was amazing
This book is like an ice-cold glass of water after running a marathon. It takes one question as its focus: why (the hell) has the neoliberal system/structure/policy/trope/theory survived the Global Financial Crisis? How could the system that brought the world to the worst economic meltdown since the Great Depression survive - seemingly without critique?

This masterful book answers this question. Mirowski has configured the ideal tone for this book. Tongue firmly in cheek, ironic lens firmly in pl
...more
Malcolm
Oct 08, 2014 Malcolm rated it it was amazing
[apologies for the length] It does not take a long memory (or even a particularly good one) for many of us to remember that the latter half of 2008 and much of 2009 saw what seemed to be a surprising mainstream interest in Marx and Marxist economic analysis which might have been surprising in and of itself, but was even more given the way much of that same mainstream had, not many years before, broke out the garlic, crosses and holy water at the mere mention of the word ‘capitalism’. This was no ...more
Doug Greer
Oct 07, 2015 Doug Greer rated it it was amazing
Shelves: economics
Prof. Mirowski described a nesting doll structure of Neoliberal thought which he calls the Neoliberal Thought Collective. He goes into far more details as to what is Neoliberalism and where it came from in his other books.

It looks like the Neoliberal Thought Collective is the driving force behind the Neoliberal Market Fundamentalism which dominates the field of economics and the professional journalistic organizations which purport to cover economics and our economy.

My skepticism of economic be
...more
Michael Wolf
Jan 25, 2015 Michael Wolf rated it liked it
Interesting guy, but needs an editor.
Kyle
Mar 02, 2016 Kyle rated it really liked it
B+
Dirk Nachbar
Jan 21, 2014 Dirk Nachbar rated it really liked it
good view of why the neoliberals survived the crisis. maybe too US centric and could use simpler language to tell same story.
Mayoral Tutorial
Jan 10, 2016 Mayoral Tutorial rated it it was amazing
Mirowski has forgotten more about economics than Friedman either Milton or Thomas have ever known.
Dev Scott Flores
Mar 30, 2015 Dev Scott Flores rated it really liked it  ·  review of another edition
Shelves:
First book I've ever added myself ... "to neoliberals of all parties"
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“The final neoliberal fallback is geoengineering, which derives from the core neoliberal doctrine that entrepreneurs, unleashed to exploit acts of creative destruction, will eventually innovate market solutions to address dire economic problems. This is the whiz-bang futuristic science fiction side of neoliberalism, which appeals to male adolescents and Silicon Valley entrepreneurs almost as much as do the novels of Ayn Rand.” 1 likes
“One way to exert power in restraint of democracy is to bend the state to a market logic, pretending one can replace “citizens” with “customers” (see point 5). Consequently, the neoliberals seek to restructure the state with numerous audit devices (under the sign of “accountability” or the “audit society”) or impose rationalization through introduction of the “new public management”; or, better yet, convert state services to private provision on a contractual basis.” 1 likes
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