By Bastiaan van Apeldoorn, Henk Overbeek
Henk Overbeek, Bastiaan van Apeldoorn. Neoliberalism in trouble (International Political Economy). Palgrave Macmillan, 2012. 280 Pages
Book Description
Release date: April 10, 2012 | ISBN-10: 0230301630 | ISBN-13: 978-0230301634
The authors interrogate the of the neoliberal undertaking within the wake of the worldwide concern and neoliberalism's expected demise in 2007, either when it comes to the regulatory constructions of finance-led capitalism in Europe and North the United States, and the influence of latest facilities of capitalist energy on international order.
About the writer: HENK OVERBEEK Professor of diplomacy and Head of the Political technological know-how division at VU collage Amsterdam, The Netherlands.
Book Details
Hardcover: 280 pages
Publisher: Palgrave Macmillan (April 10, 2012)
Language: English
ISBN-10: 0230301630
ISBN-13: 978-0230301634
Printed publication Dimensions: 8.6 x 5.5 x 0.9 inches
To this file: a vector pdf, pages numbered, hide integrated.
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Extra resources for Neoliberalism in Crisis
Example text
Organized labour and left wing parties also regularly contested the neoliberalization of EC competition regulation, pushing the Commission to take employment levels into account when judging upon the effects of a merger on competition, however, without success. The Commission’s decision to approve the merger between ABB and Alstom in 2000 is illustrative in this regard. When a fifth of the workforce in the newly created entity faced redundancy, 2000 French, German, Belgian and Italian workers marched ‘for a social Europe and against the Commission because they felt that they had no voice in its competition policy’ (Erne 2008: 128, 154).
In other words, restrained real wages and increased consumer debt have facilitated a distributive shift and a dominance of money over production that are now proving impossible to rationalize. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 18 Bastiaan van Apeldoorn and Henk Overbeek The second part of this volume addresses the question to what extent we may witness a shift beyond neoliberalism at the level of world order, taking into account important geoeconomic and geopolitical developments that have been coinciding with, and in some cases intensified by, the global financial and economic crisis.
This demonstrates that rather than being a politically neutral supranational body, the Commission is a ‘strategically selective’ (see Jessop 2007) institution that systematically privileges certain ideas, strategies and actors over others. 1057/9781137002471 - Neoliberalism in Crisis, Edited by Henk Overbeek and Bastiaan van Apeldoorn 38 Angela Wigger and Hubert Buch-Hansen and promoted crude notions of free markets and free competition since the 1980s, and it continues to play a central role in maintaining the hegemony of the neoliberal discourse.