Description
Book SynopsisAs the financial crisis continues to shake the global economy it has begun to expose cracks in the ideological edifice long used to justify neo-liberal policies of privatisation and austerity. This informed and accessible primer drives a wedge into these cracks, allowing the non-experts among the 99% to understand the flaws in the economic philosophy of the 1%. This is an accessible primer that explains the flaws in neo-liberal policies.
Table of ContentsTable of contents Introduction Liberalism Eclipsed: from the 1930s upto the 1970s Liberal ideology returns with a vengeance: the 1970s The theoretical foundation of the various neo-liberal currents Forerunners of the neo-liberals Adam Smith Jean-Baptiste Say David Ricardo Other economists The Keynesian revolution Preparing the neo-liberal counter-revolution The neo-liberal wave Robert Lucas and the denial of involuntary unemployment Free markets ensure the optimum allocation of resources - a key postulate of neo-conservatism Portraying the oppressed as oppressors: the neo-liberal sleight of hand Globalization from Christopher Columbus and Vasco da Gama until today The market: the new faith Shanghai The Irish crisis: a complete failure for neo-liberalism Bibliography
