The Rise of Neoliberalism in Advanced Capitalist Economies A Materialist Analysis

by Howard, Michael C.; King, John E.

• ISBN13: 9780230537033
• ISBN10: 0230537030
• Format: Hardcover
• Copyright: 2008-08-15
• Publisher: Palgrave Macmillan

Summary

This book is a strikingly original and provocative interpretation of the rise of neoliberalism, drawing on the principles of historical materialism. It explains why the rise of neoliberalism didn't happen until the 1970s. It presents controversial argument on causes behind the development of neoliberalism. Authors have strong reputations and have been collaborating for thirty years including the History of Marxian Economics, volumes 1 and 2 (published by Palgrave) In this unique and dramatic account of the rise of neoliberalism, Howard and King consider the major features of historical materialism, the factors which resulted in Nineteenth and Twentieth century thinkers incorrectly predicting the long-term decline of the market, and the prospects for a reversal of neoliberalism in the Twenty-first century.

Author Biography

J. E. King is Professor of Economics at La Trobe University, Australia.

Table of Contents

Preface	p. vi
Introduction	p. 1
Historical Materialism: A Theory of Economic Systems
A General Theory of Economic Systems	p. 15
A Theory of Capitalist Economic Systems	p. 42
Theorists of Modern Capitalism on the Decline of the Market
Marx and the Marxists on the Decline of the Market	p. 77
Neoclassicals, Keynesians and Heterodox Economists on the Decline of the Market	p. 113
Neoliberalism and Modern Capitalism
Market Elimination in Modern Capitalism: Where the Theorists were Right	p. 147
The Return of the Market: Where They All Went Wrong	p. 162
Neoliberalism: Past, Present and Future
Why Was Neoliberalism Delayed?	p. 193
What Might Reverse Neoliberalism?	p. 221
Notes	p. 245
References	p. 272
Name Index	p. 302
Subject Index	p. 310
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