Neoliberalism: A Very Short Introduction

by Steger, Manfred B.; Roy, Ravi K.

• ISBN13: 9780199560516
• ISBN10: 019956051X
• Format: Paperback
• Copyright: 2010-02-08
• Publisher: Oxford University Press

Summary

Anchored in the principles of the free-market economics, "neoliberalism" has been associated with such different political leaders as Ronald Reagan, Margaret Thatcher, Bill Clinton, Tony Blair, Augusto Pinochet, and Junichiro Koizumi. In its heyday during the late 1990s, neoliberalism emerged as the world's dominant economic paradigm, stretching from the Anglo-American heartlands of capitalism to the former communist bloc all the way to the developing regions of the global South. Today, however, neoliberalism has been discredited as the global economy, built on its principles, has been shaken to its core by the worst financial calamity since the 1930s. Is neoliberalism doomed or will it regain its former status? Will the new U.S. President Barack Obama embrace or reject the neoliberal agenda of his predecessors in the White House? And how will his decision impact the current global economic order? Is there a viable alternative to neoliberalism? Exploring the origins, core claims, and various forms of neoliberalism, this Very Short Introduction offers a concise and accessible introduction to one of the most debated "isms" of our time.

Author Biography

Manfred B. Steger is Professor of Global Studies and Director, Globalism Research Centre, Royal Melbourne Institute of Technology, and Senior Research Fellow, Globalization Research Center, University of Hawai'i-Manoa.
Ravi K. Roy is Lecturer of Global Studies, Royal Melbourne Institute of Technology.

Table of Contents

Preface

What's 'Neo' about Liberalism?

First-Wave Neoliberalism in the 1980s: Reaganomics and Thatcherism

Second-Wave Neoliberalism in the 1990s: Clinton's Market Globalism and Blair's Third Way

Neoliberalism and Asian Development

Neoliberalism in Latin America and Africa

Crises of Neoliberalism: The 2000s and Beyond

References

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