17 votes

This is Neoliberalism

4 comments

  1. [3]
    Durallet
    Link

    If you've ever wanted to understand what neoliberalism is, this is the video series for you.

    Part 1: Introducing the Invisible Ideology (March 2018, 27min)
    Neoliberalism is an economic ideology that exists within the framework of capitalism. Over four decades ago, neoliberalism became the dominant economic paradigm of global society. In this series, we'll trace the history of neoliberalism, starting with a survey of neoliberal philosophy and research, a historical reconstruction of the movement pushing for neoliberal policy solutions, witnessing the damage that neoliberalism did to its first victims in the developing world, and then charting neoliberalism's infiltration of the political systems of the United States and the United Kingdom. Learn how neoliberalism is generating crises for humanity at an unprecedented rate.

    Part 2: Keynesian Embedded Liberalism (September 2018, 36min)
    Neoliberalism was a reaction. It was an effort to disassemble a previous vision of society that once held sway over most of the world. In order to understand neoliberalism, it’s important to first understand the world before neoliberalism; the world which neoliberalism considered unacceptable, and in need of urgent reconfiguration. In part two, learn about the world of embedded liberalism.

    Part 3: Hayek and the Mont Pelerin Society I: 1918 - 1939 (April 2019, 40min)

    The story of neoliberalism is a story about the power of ideas. Embedded liberalism was in power, but it was not without resistance. Academics and businessmen who opposed the New Deal and British social democracy were only begrudgingly accepting of the situation at best, or on the warpath against government intervention in the economy at worst. These two factions allied with one another to create an idea so powerful that it would covertly undo their losses to embedded liberalism by supplanting it entirely. This is where the story of neoliberalism begins.

    Part 4: Hayek and the Mont Pelerin Society II: 1939 - 1950 (December 2019, 43min)

    In 1939, a fragile world which had just begun to climb out of the depths of global economic depression, and ended the first truly global war in recorded history only 21 years earlier, peered downward into an abyss blacker than any it had ever glimpsed before. By the close of the 1940’s, global civilization was sitting on one of the most profound inflection points in all of human history. Much, but not all of the world, was about to experience unprecedented prosperity under embedded liberalism, and the ideals of social democracy had never been more ascendant. However, the truth was that the post-war consensus was far from safe. It was within this tension, between the magnificent gains of social democracy and the hostile road laid before it, that Hayek and the Mont Pelerin Society were poised to begin dissolving the ground beneath all opponents of neoliberalism.

    Part 5: The Chicago School (October 2020, 47min)

    The world we live in today was born the moment World War II ended. But though it may be accurate to say that the modern world lives in the shadow of World War II, the more precise answer is that the modern world lives in the shadow of the decades immediately following World War II. These three decades - the 50’s, 60’s and 70’s - were the critical years that would determine the fate of Keynes’ evolution of liberalism, and the path leading away from a conflict whose devastation still remains unsurpassed to this day. In order to understand how neoliberalism supplanted the Postwar Consensus in the three decades immediately following World War II, we must investigate the evolution of neoliberal thought during the postwar period, which would one day achieve a neoliberal revolution in approximately 1981.

    8 votes
    1. [2]
      dredmorbius
      Link Parent
      Thanks for posting this --- long and dry, perhaps, but fact-filled, relevant, and accurate based on my prior knowledge. The introduction led me to suspect the piece would be highly slanted. It's...

      Thanks for posting this --- long and dry, perhaps, but fact-filled, relevant, and accurate based on my prior knowledge.

      The introduction led me to suspect the piece would be highly slanted. It's critical, but reasonably so.

      11 votes
      1. ryanatkn
        Link Parent
        Just want to echo this. I'm halfway through and thoroughly impressed by the writing, visuals, and information density. It's rare that a video has me pausing so much to read charts and learn more....

        Just want to echo this. I'm halfway through and thoroughly impressed by the writing, visuals, and information density. It's rare that a video has me pausing so much to read charts and learn more. The weakest part is the audio quality, don't let that turn you off!

        4 votes
  2. Staross
    Link
    Seems interesting. It's funny that neoliberalism seems not a very popular concept in the US, in France it was the standard enemy of the left for a long time (not too sure nowadays). Maybe because...

    Seems interesting. It's funny that neoliberalism seems not a very popular concept in the US, in France it was the standard enemy of the left for a long time (not too sure nowadays). Maybe because we don't have "liberals" like in the US, and the heritage of post-WW2 economics (linked to the Resistance) is more significant.

    4 votes