Saturday, November 1, 2014

Robert Vienneau — For Conflating Neoliberalism And Neoclassical Economics


What do neoliberalism as a political ideology and neoclassical economics as an economic theory have in common? Market fundamentalism.
Neoliberalism is a political project to remake the world into an unrealizable utopia. Neoclassical economics is a supposedly scientific effort to explain the world by its deviations from an unrealizable utopia. And they are both about how the world deviates from that utopia. This post is about this resemblance, not the differences, between neoliberalism and neoclassical economics.
This utopia consists of a society organized around markets.
Thoughts On Economics
For Conflating Neoliberalism And Neoclassical Economics
Robert Vienneau

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