Beschreibung:
Contents: Preface -- 1. Introduction: Neoliberalism as a variety of capitalism -- Part I: The United States -- 'economic contradictions coming home to roost? Does the u.s. Economy face a long-term aggregate demand generation problem?', journal of post keynesian economics, 25 (1), fall, 2002, 9-32 10 -- 3. 'The questionable legacy of alan greenspan', challenge, 48 (6), november/ december, 2005, 17-31 34 -- 4. 'The fallacy of the revised bretton woods hypothesis: Why today's global financial system is unsustainable and suggestions for a replacement', international journal of political economy, 36 (4), winter, 2007-2008, 36-52 49 -- 5. 'The u.s. Economy after bush', challenge, 51 (6), november/december, 2008, 26-37 66 -- 6. 'America's exhausted paradigm: Macroeconomic causes of the financial crisis and Great Recession', new school economic review, 4 (1), 2010, 15-43 78 -- 7. 'The us economy: Explaining stagnation and why it will persist', in a. Gallas, h. Herr, f. hoffer and c. Scherrer (eds), combatting inequality: The global north and south, Chapter 8, London: Routledge, 2016, 113-31 107 -- Part II: Europe -- 8. 'Europe's crisis without end: The consequences of neoliberalism', contributions to political economy, 32, 2013, 29-50 127 -- 9. 'The European monetary union needs a government banker', challenge, 54 (4), july/august, 2011, 5-21 149 -- 10. 'Fixing the euro's original sins: The monetary-fiscal architecture and monetary policy conduct', real-world economics review, 81, september, 2017, 1-12 166 -- Part III: The global economy -- 11. 'Capital mobility and the threat to American prosperity', challenge, 37 (6), november/december, 1994, 31, 34-9 179 -- 12. 'The free trade debate: A left keynesian gaze', social research, 61 (2), summer, 1994, 379-94 186 vi neoliberalism and the road to inequality and stagnation -- 13. 'The economics of globalization: Problems and policy responses', in toward reducing unemployment, 5th plenary session, vatican city: pontifical academy of social sciences, 1999, 202-216 [originally 185-205] 202 -- 14. 'Developing the domestic market', challenge, 49 (6), november/december, 2006, 20-34 217 -- 15. 'The rise and fall of export-led growth', investigación económica, lxxi (280), april-june, 2012, 141-61 232 -- 16. 'A labor perspective on globalization', internationale politik und gessellschaft (international politics and society), april, 2009, 22-39 253 -- 17. 'Labor in the global economy: The globalization clock', dollars & sense, may/june, 2006, 12-13. Revised in 2018 and republished as 'the globalization clock', article 7.1 in real world globalization, 19th edition, edited by armağan gezici, elizabeth t. Henderson, jeannette mitchell, jawied nawabi, and the dollars and sense collective, economic affairs bureau inc., december 2020, 177-9 271 -- Part IV: The war of ideas -- 18. 'After the bust: The outlook for macroeconomics and macroeconomic policy', real-world economics review, 49, march, 2009, 22-35 275 -- 19. 'The war of ideas: A comparison of the u.s. And Europe', with gustav a. Horn in restoring shared prosperity: a policy agenda from leading keynesian economists, createspace.com, 2013, 289-93 [originally 7-14] 289 -- 20. 'Inequality and stagnation by policy design: Mainstream denialism and its dangerous political consequences', challenge, 62 (2), 2019, 128-43 -- Index
"Tom Palley has made a significant contribution to understanding the meaning and significance of neoliberalism. This chronicle collects some of his best work to explain how global adoption of neoliberal policies over the past thirty years has increased income inequality and created tendencies to stagnation. The book explores the impact of neoliberal policies on the US, Europe, and global economy. It shows how the 2008 financial crisis and Great Recession were predictable outcomes of the neoliberal policy experiment, as is the emergence of global 'race to the bottom' competition. It also explains how Europe's economic fragility is connected to the neoliberal design of the euro. Neoliberalism creates a particular variety of capitalism. It is a political choice. That means society is tacitly engaged in a 'war of ideas', the outcome of which will determine our future political economic trajectory. Students, scholars, and readers in economics and political science will find this rich collection illuminating in their efforts to better understand the policy matrix that currently dominates the political landscape"--