zesteur + neoliberalism   25

The Origins of European Neoliberalism | Online Only | n+1
The real source of neoliberalism in Europe is neither technocracy nor hegemony but a problem specific to the continent: intergovernmentalism. Accordingly, left nationalists in parties such as the British Labour Party, France Insoumise, and Germany’s Die Linke have the correct intuition about where a progressive politics can overcome neoliberalism—at the national level—but their flirtation with breaking out of the Union is the wrong strategy for achieving that goal. To address intergovernmental problems, national lefts must join forces at the European level. As voters across the Union prepare to elect a new European parliament next month, the question that confronts the European left is whether it can find the common ground needed to counter neoliberal discipline both through and beyond the nation-state.
EU  eurozone  euro  neoliberalism  history  macro.imbalances 
may 2019 by zesteur
Other People’s Blood | Online Only | n+1
Those who praise Volcker like to say he “broke the back” of inflation. Nancy Teeters, the lone dissenter on the Fed Board of Governors, had a different metaphor: “I told them, ‘You are pulling the financial fabric of this country so tight that it’s going to rip. You should understand that once you tear a piece of fabric, it's very difficult, almost impossible, to put it back together again.” (Teeters, also the first woman on the Fed board, told journalist William Greider that “None of these guys has ever sewn anything in his life.”) Fabric or backbone: both images convey violence. In any case, a price index doesn’t have a spine or a seam; the broken bodies and rent garments of the early 1980s belonged to people. Reagan economic adviser Michael Mussa was nearer the truth when he said that “to establish its credibility, the Federal Reserve had to demonstrate its willingness to spill blood, lots of blood, other people’s blood.”
us  history  central.banks  interest.rates  neoliberalism  monetarypolicy  factor.shares 
april 2019 by zesteur
Economics After Neoliberalism | Boston Review
Economics After Neoliberalism from Boston Review. Contemporary economics is finally breaking free from its market fetishism, offering plenty of tools we can use to make society more inclusive.
neweconomics  neoliberalism  + 
april 2019 by zesteur
How Austerity Ripped the World Apart – Eudaimonia and Co
There’s a force that’s ripping the world apart. Slashing through democracy, the future, and society. Reducing the planet to a smoking, melted wreck. Around the globe, people are revolting against it…
austerity  US  neoliberalism  slavery 
january 2019 by zesteur
Rescuing Economics from Neoliberalism | Boston Review
Rescuing Economics from Neoliberalism from Boston Review. As we heap scorn on neoliberalism, we risk throwing out some of its most useful ideas.

neoliberalism  economic.policy  economic.order  china  property.rights  economics  +  growth 
december 2017 by zesteur

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