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The pervasiveness of neoliberalism

Google ChromeScreenSnapz001George Monbiot offers a lengthy dismantling of the neoliberal ideology, in Neoliberalism – the ideology at the root of all our problems. In the context of economics, it is important to recognise how the neoliberal agenda has infiltrated orthodox economics, such that the ‘logic’ of the market is seen as all but irrefutable (and, arguably, in orthodox economics this is why the core assumptions are ‘established’ as axioms that cannot be challenged or tested). For students on ECON2548, this is a worthwhile read and has a bearing on the discussion about the state of economics as a discipline that we have pursued within the module.


Posted in economics.