A Brief History of Neoliberalism
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nominally democratic but in practice highly bureaucratic state apparatus empowered to oversee the re...
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state...
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had in common was an ...
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state should focus on full ...
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economic ...
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welfare of its c...
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state power should be freel...
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inter...
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substituting for market processes to achi...
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‘Keyn...
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widely deployed to dampen bus...
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ensure reasonably full e...
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‘class comp...
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between capital a...
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advo...
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guarantor of domestic peace and t...
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States actively intervened in indu...
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standards for the social wage by constructing a variety ...
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This form of political-economic ...
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‘embedded lib...
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how market processes and entrepreneurial and corporate activities were surrounded by a web of social and political constraints and a regulatory environment that sometimes restrained but in other instan...
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Stateled p...
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state ownership of ke...
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unc...
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The neoliberal project is to disembed capital from these constraints.
Benjamin Britton
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Embedded liberalism
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high rates of econom...
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1950s and...
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depended on the largesse...
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prepared to run ...
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absorb any excess product within ...
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expanding export...
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attempts to export ‘development’ to much of the rest of the world largely stalled.
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For much of the Third World, particularly Africa, embedded liberalism remained a pipe dream.
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drive towards neoliberalizatio...
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little materia...
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impoverished co...
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advanced capitalist c...
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redistributive ...
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controls over the free mobility of capital
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expanded public expenditures
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and welfare state-...
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active state interventions in ...
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degree of planning of d...
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went hand ...
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relatively high rates ...
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business...
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successfully co...
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application of Keynesian fiscal and mone...
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social and moral...
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