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Tag Archives: liberalism

Alexander Zevin On Citations Needed

There’s a new episode, of the Citations Needed podcast titled Episode 98: The Refined Sociopathy of The Economist and featuring Alexander Zevin on his book Liberalism At Large—The World According To The Economist.The episode is about The Economist and also about the word “liberalism”.From the transcript:Alexander Zevin: One of the things that book tries to do is to bring the history of imperialism into the history of liberalism, and usually they’re not spoken about together. In fact, in many...

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Don’t Buy the “Marketplace of Ideas” — Terry Hathaway

Economic imagery pervades societal discourse. Part of this imagery projects markets as existing everywhere; the common societal parlance sees talk of the car market, the grocery market, the computer market, or, simply, the market. Yet, excepting traditional marketplaces or medinas, these markets have no physical manifestation. Unlike with other major social institutions there is no where to visit; there is no headquarters. Instead, markets are said to exist when there are competitors in...

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The West’s Arrested Social Development — Helmut K. Anheier

In 1995, the sociologist Ralf Dahrendorf argued that developed countries’ “overriding task” for the subsequent decade was to "square the circle of wealth creation, social cohesion, and political freedom.” More than two decades later, most have not even attempted that feat.... The paradoxes of liberalism involve the incompatibility of social liberalism, political liberalism, and economic liberalism, in particular, a fundamental tension between accumulation and democracy. Enlightenment...

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On The Fall Of The Liberal International Economic Order, Part II

In the last post, I linked to John J. Mearsheimer’s paper Bound To Fail: The Rise And Fall Of The Liberal International Order. The paper was more from a political perspective than from a perspective of political economy, although it did go into the economics of it.There’s a Post-Keynesian paper by Thomas Palley published last year, I thought I should recommend reading, since it goes into the political economy aspect of it. Also it is rooted more in the heterodox Keynesian perspective, unlike...

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John J. Mearsheimer — Bound To Fail: The Rise And Fall Of The Liberal International Order

I came across this fantastic article by John J. Mearsheimer, from earlier this year, on how the liberal international order is failing. It’s written more from a political perspective (and mainstream too) than from a heterodox political economy perspective but it’s worth a read.From the introduction:AbstractThe liberal international order, erected after the Cold War, was crumbling by 2019. It was flawed from the start and thus destined to fail. The spread of liberal democracy around the...

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Bound to Fail: The Rise and Fall of the Liberal International Order — John J. Mearsheimer

AbstractThe liberal international order, erected after the Cold War, was crumbling by 2019. It was flawed from the start and thus destined to fail. The spread of liberal democracy around the globe—essential for building that order—faced strong resistance because of nationalism, which emphasizes self-determination. Some targeted states also resisted U.S. efforts to promote liberal democracy for security-related reasons. Additionally, problems arose because a liberal order calls for states to...

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Capitalism vs democracy: Europe’s hard problem — Mark Mazower

Modern Europe’s political structure is based on the supposition that capitalism and democracy can be compatible – so the most urgent challenge of our times is reconciling the two. In short, economic liberalism and political liberal generate paradoxes that require a comprehensive worldview (systematic set of presumptions) that balances social, economic and political liberalism for Western liberalism to survive. New StatesmanCapitalism vs democracy: Europe’s hard problem Mark...

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On Demagogues and Democracy — Eric Schliesser

Some social & political theory. Focuses on Walter Lippmann, The Good Society. Although Eric Schliesser doesn't mention it in this post, Aristotle discussed these issues in detail in his Politics.Digressions&ImpressionsOn Demagogues and DemocracyEric Schliesser | Professor of Political Science, University of Amsterdam’s (UvA) Faculty of Social and Behavioural Sciences

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