Contents: Introduction 1. The Idealist View of Neoliberalism 2. Actually Existing Neoliberalism 3. Did Neoliberal Ideas Create the Neoliberal State and Economy? 4. Always Embedded Neoliberalism 5. The Class Embedded Nature of Neoliberalism 6. Institutionally Embedded Neoliberalism 7. Ideologically Embedded Neoliberalism 8. The Global Financial Crisis and the Future of Embedded Neoliberalism Bibliography Index
Damien Cahill, Senior Lecturer in Political Economy, University of Sydney, Australia
‘A book should be celebrated for its achievement if it advances
knowledge, debate, and makes an indelible contribution to its
field. Damien Cahill has achieved all of these merits and more in
delivering the most compelling analysis of neoliberalism in The End
of Laissez-Faire?. Of course, questions can always be raised about
this or that aspect of any scholarly accomplishment. But the fact
remains that the arguments delivered by Damien Cahill in The End of
Laissez-Faire? will shape the terrain of neoliberalism studies for
the coming future across the frontiers of political economy,
sociology, and international studies.’
*Adam David Morton (2015): The Who of Power?, Globalizations*
‘The End of Laissez-Faire? On The Durability of Embedded
Neoliberalism is outstanding, a thoroughly researched and most
cogently argued piece of scholarship. It is highly readable and
enjoyable - even as one’s unquestioned beliefs are logically
destroyed. Scholars who care about social justice, about societies
of citizens rather than consumers, about decent standards of living
- and about thorough scholarship - should read this book and ponder
what is to be done.’
*Di Kelly, Journal of Industrial Relations*
‘Despite the global financial crisis in 2007-2008, neoliberalism
has remained dominant and even informs the responses to the crisis.
In his masterful analysis, Damien Cahill demonstrates that this
resilience is due to neoliberalism being firmly embedded within
wider class relations, institutions and ideological norms. And yet,
as Cahill also argues, progressive change is possible provided it
is based on large-scale political mobilisation. I most strongly
recommend this book for reading.’
*Andreas Bieler, Nottingham University, UK*
‘In a sobering account, Damien Cahill illuminates the true nature
of neoliberalism and explains why and how it has been able to
survive what some of us hoped would be its terminal crisis. His
concept of “embedded neoliberalism” is indispensable for
understanding the connection between ideas and class power.’
*Fred Block, University of California at Davis, US*
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