Never let a serious crisis go to waste: how neoliberalism survived the financial meltdown

At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. And yet, in the harsh light of a new day, we’ve awoken to a second nightmare more ghastly than the firs... Ausführliche Beschreibung

1. Person: Mirowski, Philip
Format: Buch
Sprache: English
Veröffentlicht: London [u.a.] Verso 2013
Beschreibung: 467 S. graph. Darst., Kt.
Schlagworte (SWD): Neoliberalismus
Geldpolitik
Internationale Wirtschaftspolitik
Kritik
Finanzkrise
Weltwirtschaftskrise
Schuldenkrise
Ursache
Schlagworte (SH): Neoliberalism
Economic policy
Financial crises
Global Financial Crisis, 2008-2009
United States > Economic policy > 2009-
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520 |a At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators concluded that the economic convictions behind the disaster would now be consigned to history. And yet, in the harsh light of a new day, we’ve awoken to a second nightmare more ghastly than the first: a political class still blaming government intervention, a global drive for austerity, stagflation, and an international sovereign debt crisis. Philip Mirowski finds an apt comparison to this situation in classic studies of cognitive dissonance. He concludes that neoliberal thought has become so pervasive that any countervailing evidence serves only to further convince disciples of its ultimate truth. Once neoliberalism became a Theory of Everything, providing a revolutionary account of self, knowledge, information, markets, and government, it could no longer be falsified by anything as trifling as data from the “real” economy. In this sharp, witty and deeply informed account, Mirowski—taking no prisoners in his pursuit of “zombie” economists—surveys the wreckage of what passes for economic thought, finally providing the basis for an anti-neoliberal assessment of the current crisis and our future prospects. 
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992 |a IMAGE 1 SUB HAMBURG A/603349 NEVER LET A SERIOUS CRISIS GO TO WASTE HOW NEOLIBERALISM SURVIVED THE FINANCIAL MELTDOWN PHILIP MIROWSKI V VERSO LONDON * NEW YORK IMAGE 2 CONTENTS LIST OF TABLES IX LIST OF FIGURES XI 1. ONE MORE RED NIGHTMARE THE CRISIS THAT DIDN'T CHANGE MUCH OF ANYTHING I 2. SHOCK BLOCK DOCTRINE NEOLIBERALISM AS THOUGHT COLLECTIVE AND POLITICAL PROGRAM 27 3. EVERYDAY NEOLIBERALISM 89 4. MUMBO JUMBLE THE UNDERWHELMING RESPONSE OF THE ECONOMICS PROFESSION TO THE CRISIS 157 5. THE SHOCK OF THE NEW HAVE NEOCLASSICAL ECONOMISTS LEARNED ANYTHING AT ALL FROM THE CRISIS? 239 6. THE RED GUIDE TO THE NEOLIBERAL PLAYBOOK 325 NOTES 359 BIBLIOGRAPHY 411 INDEX 453 

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