The Rise of the Market
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The Rise of the Market

Critical Essays on the Political Economy of Neo-Liberalism

9781843767251 Edward Elgar Publishing
Edited by Philip Arestis, University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow, Wolfson College, UK and Malcolm Sawyer, Emeritus Professor of Economics, University of Leeds, UK
Publication Date: 2004 ISBN: 978 1 84376 725 1 Extent: 240 pp
The growth of neo-liberalism has been the dominant political force in the past two decades. This volume concentrates on understanding the political economy of neo-liberalism. It focuses on a number of the most critical issues and examines the essence of neo-liberalism, namely, the dominance of the market.

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The growth of neo-liberalism has been the dominant political force in the past two decades. This volume concentrates on understanding the political economy of neo-liberalism. It focuses on a number of the most critical issues and examines the essence of neo-liberalism, namely, the dominance of the market.

In particular, the authors consider:

• the political economy of market expansion
• the rise of neo-liberalism in advanced capitalist economies
• the notion of social capital
• the nature of economic imperialism
• the political economy of central bank independence
• the relationship between Keynes and Marx.

With contributions by some of the leading scholars in the field, this vital new book on the political economy of neo-liberalism and the dominance of the market will become essential reading for all those with an interest in post Keynesian economics, political economy and international economic policy.
Critical Acclaim
‘This is a stimulating collection of essays, which will inform and provoke both friend and foe of neo-liberalism alike. A recurrent, though not all-encompassing, theme in the book concerns the issue of the relationship between social structure and human agency.’
– P.A. Lewis, Economics & Philosophy
Contributors
Contributors: P. Arestis, B. Fine, J. Forder, M.C. Howard, G. Katiforis, J.E. King, M. Sawyer, E. Tsakalotos
Contents
Contents: Preface 1. Introduction 2. Social Norms and Endogenous Preferences: The Political Economy of Market Expansion 3. The Rise of Neo-liberalism in Advanced Capitalist Economies: Towards a Materialist Explanation 4. From Bourdieu to Becker: Economics Confronts the Social Sciences 5. Economics Imperialism as Kuhnian Revolution? 6. Central Bank Independence: Economic Theory, Evidence and Political Legitimacy 7. Keynes as a Bourgeois Marxist Index
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