Summary Of "The Plot Of Neoliberalism" By Perry Anderson: UNIVERSITY SUMMARIES

By MAURICIO ENRIQUE FAU

We have summarized the essential of this book by the author.

CHAPTER 1 NEOLIBERALISM: A PROVISIONAL BALANCE SHEET

NEOLIBERALISM WAS BORN AFTER WORLD WAR II. IT WAS A REACTION AGAINST THE WELFARE STATE

Its source text is Hayek's "Road of Serfdom", written in 1944. Hayek's immediate target was the English Labor Party, on the eve of the 1945 election in England. Hayek's message was drastic: "... moderate English Social Democracy leads to the same disaster as German Nazism: to modern serfdom." Hayek summoned those who shared his ideological orientation to a meeting held in Switzerland, among those who attend Popper, Friedman among other prominent figures.

• Language: English
• Publisher: BOOKS AND SUMMARIES BY MAURICIO FAU
• Release date: Jan 21, 2022
• ISBN: 9798201008284

MAURICIO ENRIQUE FAU

Mauricio Enrique Fau nació en Buenos Aires en 1965. Se recibió de Licenciado en Ciencia Política en la Universidad de Buenos Aires. Cursó también Derecho en la UBA y Periodismo en la Universidad de Morón. Realizó estudios en FLACSO Argentina. Docente de la UBA y AUTOR DE MÁS DE 3.000 RESÚMENES de Psicología, Sociología, Ciencia Política, Antropología, Derecho, Historia, Epistemología, Lógica, Filosofía, Economía, Semiología, Educación y demás disciplinas de las Ciencias Sociales. Desde 2005 dirige La Bisagra Editorial, especializada en técnicas de estudio y materiales que facilitan la transición desde la escuela secundaria a la universidad. Por intermedio de La Bisagra publicó 38 libros. Participa en diversas ferias del libro, entre ellas la Feria Internacional del Libro de Buenos Aires y la FIL Guadalajara.

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Summary Of The Plot Of Neoliberalism By Perry Anderson

UNIVERSITY SUMMARIES

MAURICIO ENRIQUE FAU

Published by BOOKS AND SUMMARIES BY MAURICIO FAU, 2022.

While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.

SUMMARY OF THE PLOT OF NEOLIBERALISM BY PERRY ANDERSON

First edition. January 21, 2022.

Copyright © 2022 MAURICIO ENRIQUE FAU.

ISBN: 979-8201008284

Written by MAURICIO ENRIQUE FAU.

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Anderson, Perry | THE PLOT OF NEOLIBERALISM

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Anderson, Perry

THE PLOT OF NEOLIBERALISM

CHAPTER 1 NEOLIBERALISM : A PROVISIONAL BALANCE SHEET

NEOLIBERALISM WAS BORN AFTER WORLD WAR II. IT WAS A REACTION AGAINST THE WELFARE STATE

ITS SOURCE TEXT IS Hayek's Road of Serfdom, written in 1944. Hayek's immediate target was the English Labor Party, on the eve of the 1945 election in England. Hayek's message was drastic: ... moderate English Social Democracy leads to the same disaster as German Nazism: to modern serfdom. Hayek summoned those who shared his ideological orientation to a meeting held in Switzerland, among those who attend Popper, Friedman among other prominent figures.

THEIR PURPOSE OF IT WAS TO COMBAT THE REIGNING KEYNESIANISM AND SOLIDARISM, AND TO PREPARE THE FOUNDATIONS OF ANOTHER KIND OF CAPITALISM, HARSH AND FREE OF RULES

HAYEK AND HIS COMPANIONS argued that the new egalitarianism destroyed the freedom of citizens and the vitality of competition, on which the prosperity of all depended.

With the post-war crisis in 1973, neoliberal ideas began to gain ground. The roots of the crisis, affirmed Hayek, were located in the excessive power of the unions, which had undermined the foundations of private accumulation with their vindictive pressures and their parasitic pension for the State to increase social spending.

These two processes destroyed the necessary levels of profit for companies and triggered inflationary processes. The remedy, then, was to maintain a strong State, to break the power of the unions and in control of money, but limited in terms of social spending and economic interventions. Monetary stability should be the goal of any government. For that, budgetary discipline was necessary, with containment of social spending. In addition, fiscal reforms were essential to set economic agents on fire. This meant reductions in taxes on profits. 

THE NEOLIBERAL OFFENSIVE in power

In 1979, the opportunity arose for the realization of the neoliberal ideal. In England, the government of Margaret Thatcher was elected. And in 1980, Reagan becomes president of the US In 1982, Helmut Kohl defeated the social-liberal regime of Schmidt in West Germany. The 1980s saw the more or less uncontested triumph of neo-liberal ideology in almost all of North Western Europe.

WHAT DID THE NEOLIBERAL GOVERNMENTS OF THE PERIOD DO IN PRACTICE? Thatcher contracted money supply, raised interest rates, lowered taxes on high incomes, abolished controls on financial flows, created massive unemployment levels, crushed strikes and cut social services. She finally launched her into a broad program of privatizations,