by Summary:
Bad title, which the author corrects in the article. Neoliberalism is a political theory rather than an economic theory. Neoclassical economics is an economic theory. The tile contains a category error. The most important thing to understand is that neoliberalism is a post-war political movement that grew out of the Mont Pelerin Society, a thought collective that formed a consensus not to put the market at the centre of the state, but to take it over completely. Its entire objective is to co-opt economics and subvert the public interest to suit the needs of powerful capitalist institutions and the politicians, economists, financiers, philosophers, bankers, think-tanks and media organisations that support them. Neoliberalism is associated with laissez-faire economic liberalism and was
Topics:
Mike Norman considers the following as important: neoclassical economics, Neoliberalism
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Bad title, which the author corrects in the article. Neoliberalism is a political theory rather than an economic theory. Neoclassical economics is an economic theory. The tile contains a category error.Bad title, which the author corrects in the article. Neoliberalism is a political theory rather than an economic theory. Neoclassical economics is an economic theory. The tile contains a category error. The most important thing to understand is that neoliberalism is a post-war political movement that grew out of the Mont Pelerin Society, a thought collective that formed a consensus not to put the market at the centre of the state, but to take it over completely. Its entire objective is to co-opt economics and subvert the public interest to suit the needs of powerful capitalist institutions and the politicians, economists, financiers, philosophers, bankers, think-tanks and media organisations that support them. Neoliberalism is associated with laissez-faire economic liberalism and was
Topics:
Mike Norman considers the following as important: neoclassical economics, Neoliberalism
This could be interesting, too:
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The most important thing to understand is that neoliberalism is a post-war political movement that grew out of the Mont Pelerin Society, a thought collective that formed a consensus not to put the market at the centre of the state, but to take it over completely. Its entire objective is to co-opt economics and subvert the public interest to suit the needs of powerful capitalist institutions and the politicians, economists, financiers, philosophers, bankers, think-tanks and media organisations that support them.
Neoliberalism is associated with laissez-faire economic liberalism and was pioneered by economist Milton Friedman & Friedrich Hayeck, but as the economic historian, Philip Mirowski points out, this is a deliberate deception to trick people into thinking it is concerned about market equilibrium...Renegade Inc
Neoliberal v Neoclassical economics – what’s the difference?
Claire Connelly | editor-in-chief of Renegade Inc.