All Roads Lead to Serfdom

Confronting Liberalism’s Fatal Flaw

AvThomas Aubrey

Inbunden, Engelska, 2022

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Beskrivning

Liberal democracies are under increasing pressure. Growing discontent about inequality, lack of political participation and identity have rekindled populism and a shift away from liberal values. This book argues that liberalism’s reliance on a utilitarian policy framework has resulted in increased concentrations of power, restricting freedom and equality. It examines five key areas of public policy: monetary policy, private property and liability, the structure of the state, product markets and labour markets. Drawing on the German ordoliberal tradition and its founding principle of the dispersal of power, the book proposes an alternative public policy framework. In doing so, it offers a practical pathway to realign policy making with liberal ideas.

Produktinformation

Utgivningsdatum:2022-06-09
Mått:156 x 234 x 21 mm
Vikt:518 g
Format:Inbunden
Språk:Engelska
Antal sidor:236
Förlag:Bristol University Press
ISBN:9781529225280

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Mer om författaren

Thomas Aubrey is the founder of Credit Capital Advisory. Previous books include Profiting from Monetary Policy (Palgrave Macmillan 2012) and Prediction Markets: The End of the Regulatory State? (European Policy Forum 2007) co-authored with Professor Frank Vibert.

Recensioner i media

“I liked Thomas Aubrey’s short book. It could alternatively be called, Confronting the weaknesses of the Anglo-Saxon economic model. But it does this in a thoughtful way, contrasting the utilitarian tradition of UK/US economic policy with (West) Germany and the “underlying ordoliberal principle of power dispersion.”” The Enlightened Economist

Innehållsförteckning

Chapter 1: IntroductionChapter 2: The Liberal Order and Its Utilitarian FoundationChapter 3 the Rise of OrdoChapter 4 the West German Experiment and the Decline of OrdoChapter 5 Monetary Policy: The Illiberal Practice of Inflation TargetingChapter 6 Liability and Private Property: Confronting the Perfect Externalising MachineChapter 7 Structure of the State: Community and VitalpolitikChapter 8 Labour Markets: Continuous Training and FlexibilityChapter 9 Product Markets: Enforcing the Price MechanismChapter 10: Confronting Liberalism’s Fatal FlawAppendix: Methodology Used for Measuring the Dispersal of Public and Private Power by Policy Field