Damien Cahill - Böcker

Revisiting the magnetic poles of Karl Polanyi and Friedrich Hayek on the utopian springs of political economy, this book seeks to provide a compass for questioning the market economy of the twenty-first century.For Polanyi, in The Great Transformation, the utopian springs of the dogma of liberalism existed within the extension of the market mechanism to the ‘fictitious commodities’ of land, labour, and money. There was nothing natural about laissez-faire. The progress of the utopia of a self-regulating market was backed by the state and checked by a double movement, which attempted to subordinate the laws of the market to the substance of human society through principles of self-protection, legislative intervention, and regulation. For Hayek, in The Road to Serfdom, the utopia of freedom was threatened by the abandonment of individualism and classical liberalism. The tyranny of government interventionism led to the loss of freedom, the creation of an oppressive society, and the despotism of dictatorship that led to the serfdom of the individual. Economic planning in the form of socialism and fascism had commonalities that stifled individual freedom. Against the power of the state, the guiding principle of the policy of freedom for the individual was advocated. Taking these different aspects of market economy as its point of departure, this book promises to deliver a set of essays by leading commentators on twenty- first- century political economy debates relevant to the present conjuncture of neoliberalism.The chapters in this book were originally published in a special issue of the journal Globalizations.

Revisiting the magnetic poles of Karl Polanyi and Friedrich Hayek on the utopian springs of political economy, this book seeks to provide a compass for questioning the market economy of the twenty-first century.For Polanyi, in The Great Transformation, the utopian springs of the dogma of liberalism existed within the extension of the market mechanism to the ‘fictitious commodities’ of land, labour, and money. There was nothing natural about laissez-faire. The progress of the utopia of a self-regulating market was backed by the state and checked by a double movement, which attempted to subordinate the laws of the market to the substance of human society through principles of self-protection, legislative intervention, and regulation. For Hayek, in The Road to Serfdom, the utopia of freedom was threatened by the abandonment of individualism and classical liberalism. The tyranny of government interventionism led to the loss of freedom, the creation of an oppressive society, and the despotism of dictatorship that led to the serfdom of the individual. Economic planning in the form of socialism and fascism had commonalities that stifled individual freedom. Against the power of the state, the guiding principle of the policy of freedom for the individual was advocated. Taking these different aspects of market economy as its point of departure, this book promises to deliver a set of essays by leading commentators on twenty- first- century political economy debates relevant to the present conjuncture of neoliberalism.The chapters in this book were originally published in a special issue of the journal Globalizations.

Market Society: History, Theory, Practice explores the social basis of economic life, from the emergence of market society in feudal England to the complex and interwoven markets of modern capitalist society. This lively and accessible book draws upon a variety of theories to examine the social structures at the heart of capitalist economies. It considers how capitalism is constituted, the institutions that regulate economic processes in market society and the experience of living in contemporary market societies. Market Society: History, Theory, Practice provides students of both political economy and economic sociology with a more nuanced understanding of how markets and people interact and how this relationship has influenced the nature and structure of modern economies.

For over three decades neoliberalism has been the dominant economic ideology. While it may have emerged relatively unscathed from the global financial crisis of 2007-8, neoliberalism is now - more than ever - under scrutiny from critics who argue that it has failed to live up to its promises, creating instead an increasingly unequal and insecure world.This book offers a nuanced and probing analysis of the meaning and practical application of neoliberalism today, separating myth from reality. Drawing on examples such as the growth of finance, the role of corporate power and the rise of workfare, the book advances a balanced but distinctive perspective on neoliberalism as involving the interaction of ideas, material economic change and political transformations. It interrogates claims about the impending death of neoliberalism and considers the sources of its resilience in the current climate of political disenchantment and economic austerity.Clearly and accessibly written, this book will be a valuable resource for students and scholars across the social sciences.

For over three decades neoliberalism has been the dominant economic ideology. While it may have emerged relatively unscathed from the global financial crisis of 2007-8, neoliberalism is now - more than ever - under scrutiny from critics who argue that it has failed to live up to its promises, creating instead an increasingly unequal and insecure world.This book offers a nuanced and probing analysis of the meaning and practical application of neoliberalism today, separating myth from reality. Drawing on examples such as the growth of finance, the role of corporate power and the rise of workfare, the book advances a balanced but distinctive perspective on neoliberalism as involving the interaction of ideas, material economic change and political transformations. It interrogates claims about the impending death of neoliberalism and considers the sources of its resilience in the current climate of political disenchantment and economic austerity.Clearly and accessibly written, this book will be a valuable resource for students and scholars across the social sciences.

Over the last two decades, ‘neoliberalism’ has emerged as a key concept within a range of social science disciplines including sociology, political science, human geography, anthropology, political economy, and cultural studies.  The SAGE Handbook of Neoliberalism showcases the cutting edge of contemporary scholarship in this field by bringing together a team of global experts. Across seven key sections, the handbook explores the different ways in which neoliberalism has been understood and the key questions about the nature of neoliberalism:  Part 1: Perspectives Part 2: Sources Part 3: Variations and Diffusions Part 4: The State Part 5: Social and Economic Restructuring Part 6: Cultural Dimensions Part 7: Neoliberalism and Beyond

This handbook is the key reference text for scholars and graduate students engaged in the growing field of neoliberalism. 

When the global financial crisis hit in 2007, many commentators thought it heralded the end of neoliberalism. Several years later, neoliberalism continues to dominate policy making. This book sets out why such commentators got it so wrong, and why neoliberalism remains so durable in the face of crisis.This book is the first comprehensive critique of the dominant 'ideas-centered' approach to understanding neoliberalism. It offers an alternative view of neoliberalism as a policy regime that is embedded in institutions, class relations and ideological norms. Damien Cahill argues that the socially embedded nature of neoliberalism explains why policy makers continue to use neoliberal policies as forms of crisis response, even though the crisis itself resulted from several decades of neoliberal restructuring. It takes aim at dominant interpretations of neoliberalism, arguing that it is wrongly viewed as reflecting neoliberal free market ideals, or as resulting from the influence of fundamentalist neoliberal intellectuals. The book concludes with a prognosis of the future prospects for neoliberalism.The End of Laissez-Faire? is a compelling and insightful analysis of neoliberalism, which will appeal to scholars and students of public policy, political science, sociology, political economy, anthropology, human geography, industrial relations and economics-related studies.

In this timely book, leading scholars of neoliberalism, together with emerging researchers from a range of intellectual traditions, reflect upon the nature of neoliberalism in light of the recent and ongoing global financial crisis. What emerges is an enlightening picture of the diversity of neoliberalism. The complex relationships between theory and practice are highlighted as the contributors recognize the need to move beyond the commonplace notion that neoliberalism is simply a system of free markets. Topical chapters examine the implications of the current crisis for neoliberalism, the likelihood of alternatives and how these might arise. Presenting a range of different theoretical approaches to understanding neoliberalism, this book will appeal to academics in the fields of political economy, political science, public policy, human geography, international studies, sociology and regulation studies. Graduate and senior undergraduate students in these fields will also find much to interest them. Contributors: N. Brenner, D. Cahill, L. Chester, M. Dean, G. Dumenil, B. Dunn, L. Edwards, J.E. King, M. Konings, D. Levy, J. Mikler, J. Paton, J. Peck, B. Spies-Butcher, F. Stilwell, N. Theodore, E. Thurbon

In this timely book, leading scholars of neoliberalism, together with emerging researchers from a range of intellectual traditions, reflect upon the nature of neoliberalism in light of the recent and ongoing global financial crisis. What emerges is an enlightening picture of the diversity of neoliberalism. The complex relationships between theory and practice are highlighted as the contributors recognize the need to move beyond the commonplace notion that neoliberalism is simply a system of free markets. Topical chapters examine the implications of the current crisis for neoliberalism, the likelihood of alternatives and how these might arise. Presenting a range of different theoretical approaches to understanding neoliberalism, this book will appeal to academics in the fields of political economy, political science, public policy, human geography, international studies, sociology and regulation studies. Graduate and senior undergraduate students in these fields will also find much to interest them. Contributors: N. Brenner, D. Cahill, L. Chester, M. Dean, G. Dumenil, B. Dunn, L. Edwards, J.E. King, M. Konings, D. Levy, J. Mikler, J. Paton, J. Peck, B. Spies-Butcher, F. Stilwell, N. Theodore, E. Thurbon