Neoliberalism as concept

This paper is a critical exploration of the of the term neoliberalism. Drawing on a wide range of literature across the critical social sciences and with particular emphasis on the political economy of development, it evaluates the consequences of the term's proliferation and expanded usage sin...

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Bibliographic Details
Published in:Economy and society 2015-04, Vol.44 (2), p.165-187
Main Author: Venugopal, Rajesh
Format: Article
Language:English
Subjects:
Definitions
Development studies
Economics
Economists
governmentality
Literature
market reform
Meaning
Morality
Neoliberalism
Political economy
Social sciences
Studies
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Summary:This paper is a critical exploration of the of the term neoliberalism. Drawing on a wide range of literature across the critical social sciences and with particular emphasis on the political economy of development, it evaluates the consequences of the term's proliferation and expanded usage since the 1980s. It advances a case that neoliberalism has become a deeply problematic and incoherent term that has multiple and contradictory meanings, and thus has diminished analytical value. In addition, the paper also explores the one-sided, morally laden usage of the term by non-economists to describe economic phenomena, and the way that this serves to signify and reproduce the divide between economics and the rest of the social sciences.
ISSN:0308-5147
1469-5766
DOI:10.1080/03085147.2015.1013356