The Strange Non-Death of Neo-Liberalism Paperback - 2011 - 1st Edition
by Colin Crouch
From the rear cover
The financial crisis seemed to present a fundamental challenge to neo liberalism, the body of ideas that have constituted the political orthodoxy of most advanced economies in recent decades. Colin Crouch argues in this book that it will shrug off this challenge. The reason is that while neo liberalism seems to be about free markets, in practice it is concerned with the dominance over public life of the giant corporation. This has been intensified, not checked, by the recent financial crisis and acceptance that certain financial corporations are 'too big to fail'. Although much political debate remains preoccupied with conflicts between the market and the state, the impact of the corporation on both these is today far more important.
Several factors have brought us to this situation:
- The lobbying power of firms whose donations are of growing importance to cash-hungry politicians and parties
- The weakening of competitive forces by firms large enough to shape and dominate their markets
- The moral initiative that is grasped by enterprises that devise their own agendas of corporate social responsibility
Both democratic politics and the free market are weakened by these processes, but they are largely inevitable and not always malign. Hope for the future, therefore, cannot lie in suppressing them in order to attain either an economy of pure markets or a socialist society. Rather it lies in dragging the giant corporation fully into political controversy.
Details
- Title The Strange Non-Death of Neo-Liberalism
- Author Colin Crouch
- Binding Paperback
- Edition number 1st
- Edition 1
- Pages 224
- Volumes 1
- Language ENG
- Publisher Polity Press
- Date 2011-08-08
- Illustrated Yes
- Features Bibliography, Illustrated, Index, Table of Contents
- ISBN 9780745652214 / 0745652212
- Weight 0.55 lbs (0.25 kg)
- Dimensions 8.4 x 5.4 x 0.7 in (21.34 x 13.72 x 1.78 cm)
- Library of Congress subjects Economic policy, Neoliberalism
- Dewey Decimal Code 320.51
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