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Title    Author    Year    Contributors
A Brief History of Neoliberalism e

A Brief History of Neoliberalism

Author: David Harvey

Year Published: 2005

Description: Since its earliest usage in Europe in the 1930s, the concept of neoliberalism has shifted in a series of significant ways, coming to mean something different for different groups of economists, making it very difficult to define. Harvey analyzes a certain type of neoliberalism through the economic policies of Thatcher in the United Kingdom and Reagan in the United States in the 1980s and the market liberalization of China in the past three decades. His thesis is that neoliberalism, as he defines it, is not merely a market-based set of principles, but has transformed into a political and cultural ethic that influences all human action. In his view, neoliberal policies in the global economy concentrate economic power among a handful of global elites at the expense of everyone else.

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'Neoliberalism has, in short, become hegemonic as a mode of discourse. It has pervasive effects on ways of thought to the point where it has become incorporated into the common way many of us interpret, live in, and understand the world.'

A Brief History of Neoliberalism

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