More on this book
Community
Kindle Notes & Highlights
Volcker and Thatcher both plucked from the shadows of relative obscurity a particular doctrine that went under the name of ‘neoliberalism’ and transformed it into the central guiding principle of economic thought and management. And it is with this doctrine—its origins, rise, and implications— that I am here primarily concerned.1
Check out this quote.
Neoliberalism is in the first instance a theory of political economic practices that proposes that human well-being can best be advanced by liberating individual entrepreneurial freedoms and skills within an institutional framework characterized by strong private property rights, free markets, and free trade.
Check out this quote.
state
create and preserve an institutional framework appropriate...
This highlight has been truncated due to consecutive passage length restrictions.
has to gua...
This highlight has been truncated due to consecutive passage length restrictions.
quality and integrity...
This highlight has been truncated due to consecutive passage length restrictions.
set up those m...
This highlight has been truncated due to consecutive passage length restrictions.
def...
This highlight has been truncated due to consecutive passage length restrictions.
po...
This highlight has been truncated due to consecutive passage length restrictions.
legal str...
This highlight has been truncated due to consecutive passage length restrictions.
func...
This highlight has been truncated due to consecutive passage length restrictions.
secure private proper...
This highlight has been truncated due to consecutive passage length restrictions.
guara...
This highlight has been truncated due to consecutive passage length restrictions.
the proper functioning o...
This highlight has been truncated due to consecutive passage length restrictions.
if markets do n...
This highlight has been truncated due to consecutive passage length restrictions.
then they must be created, by state action if necessary.
beyond these tasks the state should not venture.
State interventions in markets (once created) must be kept to a bare minimum because, according to the theory, the state cannot possibly possess enough information to second-guess market signals (prices) and because powerful interest groups will inevitably distort and bias state interventions (particularly in democracies) for their own benefit.
Check out this quote.
everywhere
emphatic turn towards neoliberalism in political-economic practices and th...
This highlight has been truncated due to consecutive passage length restrictions.
Deregul...
This highlight has been truncated due to consecutive passage length restrictions.
privatiz...
This highlight has been truncated due to consecutive passage length restrictions.
withdrawal of t...
This highlight has been truncated due to consecutive passage length restrictions.
areas of social provision have been a...
This highlight has been truncated due to consecutive passage length restrictions.
Almost all ...
This highlight has been truncated due to consecutive passage length restrictions.
have embraced, sometimes voluntarily and in other instances in response to coercive pressures, some version of neoliberal theory
adjusted
policies and practices ac...
This highlight has been truncated due to consecutive passage length restrictions.
Post-apartheid Sou...
This highlight has been truncated due to consecutive passage length restrictions.
contemporary...
This highlight has been truncated due to consecutive passage length restrictions.
advocates of the neoliberal way now occupy positions of considerable ...
This highlight has been truncated due to consecutive passage length restrictions.
m...
This highlight has been truncated due to consecutive passage length restrictions.
corporate boa...
This highlight has been truncated due to consecutive passage length restrictions.
financial insti...
This highlight has been truncated due to consecutive passage length restrictions.
international ins...
This highlight has been truncated due to consecutive passage length restrictions.
that regulate global finance and trade.
Neoliberalism has, in short, become hegemonic as a mode of discourse.
Check out this quote.
pervasive ...
This highlight has been truncated due to consecutive passage length restrictions.
incorporated into the co...
This highlight has been truncated due to consecutive passage length restrictions.
process of neoliberalization
‘creative destruction’,
of prior institutional framework...
This highlight has been truncated due to consecutive passage length restrictions.
also of divisions o...
This highlight has been truncated due to consecutive passage length restrictions.
social rel...
This highlight has been truncated due to consecutive passage length restrictions.
welfare prov...
This highlight has been truncated due to consecutive passage length restrictions.
technological...
This highlight has been truncated due to consecutive passage length restrictions.
ways o...
This highlight has been truncated due to consecutive passage length restrictions.
reproductive act...
This highlight has been truncated due to consecutive passage length restrictions.
attachments to ...
This highlight has been truncated due to consecutive passage length restrictions.
habits of the...
This highlight has been truncated due to consecutive passage length restrictions.
