The Neo-Liberal State in a Post-Global World
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Abstract
Neo-liberalism has been the dominant political–economic ideology defining the state and the world economy since the late 1970s. Neo-liberalism is a political–economic theory committed to laissez-faire market fundamentalism, a minimalist role for state intervention into the economy, and free trade and open borders. The global financial crisis that began in 2008 challenges the neo-liberal views of the state in numerous ways. This article describes the rise of the neo-liberal state, the ways the global crisis created a crisis for it, and then how the response to it questions its legitimacy and viability. The article concludes with detailing the various problems with neo-liberalism, calling for a rethinking of state theory within a new post-global economic order.
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Articles
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Authors retain copyright of their work, with first publication rights granted to the Association for Learning Technology.
Authors retain copyright of their work, with first publication rights granted to the Association for Learning Technology.