Booked #3: What Exactly is Neoliberalism? | Dissent Magazine:
"Climate change, a crippled welfare state, the 2008 financial crisis, skyrocketing income inequality, political disappointments reaching back decades, terrible superhero movies grossing billions of dollars, and Tinder—these are just a few of the sins attributed to neoliberalism. But what exactly is neoliberalism? An economic doctrine? The revenge of capitalism’s ruling class? Or something even more insidious?
Wendy Brown takes up these questions, and more, in her latest work, Undoing the Demos: Neoliberalism’s Stealth Revolution. A searching inquiry, the book is part historical study, part philosophical treatise, and part engaged polemic.
Scholarship on neoliberalism is booming, but Undoing the Demos highlights a subject too often neglected: the political consequences of viewing the world as an enormous marketplace. Her conclusions are grim, but that makes grappling with them all the more urgent.
—Timothy Shenk"
Beyond Oil: The Macroeconomic Impact of Commodity Supply Disturbances
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Economists typically ignore the impact of non-oil commodity shocks. They
look to be at least as damaging as energy shocks.
2 hours ago