Masters of the universe [electronic resource] : Hayek, Friedman, and the birth of neoliberal politics / Daniel Stedman Jones.
2012
HB95 .J66 2012eb
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Title
Masters of the universe [electronic resource] : Hayek, Friedman, and the birth of neoliberal politics / Daniel Stedman Jones.
Author
Jones, Daniel Stedman.
ISBN
9781400844739 (electronic book)
1400844738 (electronic book)
9781400851836 (electronic book)
9780691151571
0691151571
1400844738 (electronic book)
9781400851836 (electronic book)
9780691151571
0691151571
Publication Details
Princeton, N.J. : Princeton University Press, c2012.
Language
English
Description
1 online resource (xiii, 418 p.)
Item Number
9786613883896
Call Number
HB95 .J66 2012eb
Dewey Decimal Classification
320.51
Summary
"How did American and British policymakers become so enamored with free markets, deregulation, and limited government? This book--the first comprehensive transatlantic history of the rise of neoliberal politics--presents a surprising answer. Based on archival research and interviews with leading participants in the movement, Masters of the Universe traces the ascendancy of neoliberalism from the academy of interwar Europe to supremacy under Reagan and Thatcher and in the decades since. Daniel Stedman Jones argues that there was nothing inevitable about the victory of free-market politics. Far from being the story of the simple triumph of right-wing ideas, the neoliberal breakthrough was contingent on the economic crises of the 1970s and the acceptance of the need for new policies by the political left. Masters of the Universe describes neoliberalism's road to power, beginning in interwar Europe but shifting its center of gravity after 1945 to the United States, especially to Chicago and Virginia, where it acquired a simple clarity that was developed into an uncompromising political message. Neoliberalism was communicated through a transatlantic network of think tanks, businessmen, politicians, and journalists that was held together by Friedrich Hayek and Milton Friedman. After the collapse of Bretton Woods in 1971, and the "stagflation" that followed, their ideas finally began to take hold as Keynesianism appeared to self-destruct. Later, after the elections of Reagan and Thatcher, a guileless faith in free markets came to dominate politics. Fascinating, important, and timely, this is a book for anyone who wants to understand the history behind the Anglo-American love affair with the free market, as well as the origins of the current economic crisis."--Provided by publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
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Access limited to authorized users.
Source of Description
Description based on print version record.
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Masters of the universe.
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Table of Contents
The postwar settlement
The 1940s: the emergence of the neoliberal critique
The rising tide: neoliberal ideas in the postwar period
A transatlantic network: think tanks and the ideological entrepreneurs
Keynesianism and the emergence of monetarism, 1945-71
Economic strategy: the neoliberal breakthrough, 1971-84
Neoliberalism applied? The transformation of affordable housing and urban policy in the United States and Britain, 1945-2000
Conclusion. The legacy of transatlantic neoliberalism: faith-based policy.
The 1940s: the emergence of the neoliberal critique
The rising tide: neoliberal ideas in the postwar period
A transatlantic network: think tanks and the ideological entrepreneurs
Keynesianism and the emergence of monetarism, 1945-71
Economic strategy: the neoliberal breakthrough, 1971-84
Neoliberalism applied? The transformation of affordable housing and urban policy in the United States and Britain, 1945-2000
Conclusion. The legacy of transatlantic neoliberalism: faith-based policy.