By Richard Robison
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Additional info for The Neoliberal Revolution: Forging the Market State
It pays special attention to the process of political deactivation that has taken place since the military coup of 1973 and those political, social and cultural factors that have produced an increasing depoliticization of 39 40 Neo-liberalism and its Global Transit the Chilean population, under both the Pinochet regime and the current Concertación governments. Since the late 1970s the ‘marketization’ of Chilean society and its increasingly consumerist orientation have further weakened the readiness and interest among Chilean citizens to actively participate in party politics.
On the one hand, it is proposed, growing fragility within the US economy is reflected in deepening budget and current account deficits precariously balanced on the continued willingness of (mainly Asian) central banks to keep large amounts of their currency in dollar-denominated bonds in America. Com. As Harvey (2003: 72) has noted, the sort of structural adjustment package that might be recommended by the IMF in such situations were not options in America. Instead, the pressures to preserve the American economy are focused on securing primacy in the global sphere.
It implied unwinding not just the coils of social democracy but the coils of all forms of democracy, including those which were in the electoral interests of the right (Hayek 1944). The leading capitalist powers have always found it easier imposing neo-liberal prescriptions on the ‘failed states’ of the periphery, rather than upon themselves. As a result it has always been easier to set out what a neo-liberal programme should be rather than actually to implement it in practice, particularly in the developed capitalist states.
The Neoliberal Revolution: Forging the Market State by Richard Robison