Chapter

The End of Neoliberalism?

Miguel De Beistegui

in The Intellectual Origins of the Global Financial Crisis

Published by Fordham University Press

Published in print September 2012 | ISBN: 9780823249602
Published online January 2013 | e-ISBN: 9780823250752 | DOI: http://dx.doi.org/10.5422/fordham/9780823249602.003.0017
The End of Neoliberalism?

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In this chapter, Miguel De Beustegui questions whether the events of 2008 actually constituted a crisis. De Beustegui argues that if it was a crisis, it was more a crisis of neoliberalism than of capitalism as a whole. The financial crisis, he argues, should be seen as an opportunity to raise the question of the relation between economics and politics today, and especially between the market and the state. That relation today is a relation of limits. In other words, should the market limit the state or the state limit the market? The chapter explores this question of market and state limitation through a reading of Michel Foucault's lectures on the Birth of Biopolitics.

Keywords: Neoliberalism; Birth of Biopolitics; Michel Foucault; Ronald Reagen; Chicago School of Economics; interesse di stato; ragione di stato; F.A. Hayek; MIltion Friedman; John Maynard Kaynes

Chapter.  3989 words. 

Subjects: Social and Political Philosophy

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