How Neoliberalism Threatens Democracy

From the collections Learn Economics at Home, 11 New Economic Thinkers You Should Watch, #NewEconomicThinking, 2016 in Review


In her new book Undoing the Demos: Neoliberalism’s Stealth Revolution, Brown warns that Neoliberalism has created a form of reasoning in which human beings are reduced to their economic value and activity, and in which all fields of human activity are treated as markets and institutions, including the state, are increasingly run as if they were corporations. This logic is even applied to activities with no connection to wealth creation, such as education, dating, or physical exercise, which are increasingly governed according to market rules. People are treated in this schema, as units of human capital who must constantly tend to their own present and future value.

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