Neoliberalism and Political Theology: From Kant to Identity Politics

In his book "Neoliberalism: What It Is, Why It Matters," Carl Raschke provides a comprehensive explanation of neoliberalism, its origins, and its misunderstood aspects.

Format: Paperback / softback
Length: 208 pages
Publication date: 31 May 2021
Publisher: Edinburgh University Press

Combining penetrating argument and broad-ranging scholarship, Carl Raschke shows what the term neoliberalism really means, how it evolved, and why it has been so misunderstood.

Neoliberalism is a complex and multifaceted concept that has been subject to much debate and interpretation. In his book "Neoliberalism: A Very Short Introduction," Carl Raschke provides a comprehensive and insightful exploration of the term, its origins, and its implications.

Raschke begins by defining neoliberalism as a set of economic policies and practices that prioritize the free market, deregulation, and individual freedom over government intervention. He argues that neoliberalism emerged in the late 20th century as a response to the failures of Keynesian economic policies and the rise of communism in the Soviet Union and Eastern Europe.

One of the key features of neoliberalism is its emphasis on the role of the market in determining economic outcomes. Neoliberals believe that the market is an efficient and self-regulating system that can lead to prosperity and social well-being if left to its own devices. They argue that government intervention in the market can lead to unintended consequences and undermine economic growth.

Raschke also explores the historical roots of neoliberalism, tracing its development from the ideas of classical liberalism and the Chicago School of Economics to the policies of Ronald Reagan and Margaret Thatcher in the United States and the United Kingdom, respectively. He argues that neoliberalism was shaped by a range of factors, including the rise of globalization, the decline of labor unions, and the spread of free-market ideology.

Despite its popularity, neoliberalism has been criticized by many for its negative effects on society. Critics argue that neoliberalism has led to increased inequality, reduced social welfare, and environmental degradation. They point to the rise of corporate power, the concentration of wealth in the hands of a few, and the erosion of democratic institutions as evidence of the negative impact of neoliberal policies.

In response to these criticisms, Raschke offers a defense of neoliberalism. He argues that neoliberalism is not a monolithic concept but rather a set of policies and practices that can be adapted to different contexts and countries. He emphasizes the importance of government intervention in areas such as education, healthcare, and social welfare to ensure that all individuals have access to the resources they need to thrive.

Raschke also challenges the idea that neoliberalism is inherently anti-democratic. He argues that democracy is not a fixed entity but rather a dynamic process that can evolve and adapt to changing circumstances. He suggests that democratic institutions can be strengthened by promoting greater transparency, accountability, and citizen participation in decision-making processes.

In conclusion, "Neoliberalism: A Very Short Introduction" is a valuable resource for anyone interested in understanding the origins, implications, and criticisms of neoliberalism. Carl Raschke's comprehensive and insightful analysis provides a clear and accessible introduction to this complex and controversial concept. Whether you are a student, researcher, or concerned citizen, this book will help you gain a deeper understanding of neoliberalism and its impact on our world.

Weight: 268g
Dimension: 138 x 215 x 18 (mm)
ISBN-13: 9781474454568