Age of Crisis

£69.99

Age of Crisis

Neoliberalism, the Collapse of Democracy, and the Pandemic

Economic theory and philosophy Economic growth Political economy Health economics

Author: Alfredo Saad-Filho

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Language: English

Published by: Palgrave Macmillan

Published on: 27th September 2021

Format: LCP-protected ePub

Size: 406 Kb

ISBN: 9783030816087


Analysis of the Covid-19 Pandemic and Neoliberalism

This book offers an analysis of the causes, development, and likely consequences of the Covid-19 pandemic for global neoliberalism. The analysis will draw upon the author’s previous work on neoliberalism, and on its twin crises: the economic crisis (the Global Financial Crisis (GFC), ongoing since 2007) and, subsequently, the crisis of political democracy that has been associated with the rise of ‘spectacular’ authoritarian leaders in several countries. The approach is grounded on Marxist political economy.

The book argues that the Covid-19 pandemic emerges out of this context of deep inequalities and crises in the economy and in politics, and it is likely to reinforce the exclusionary tendencies of neoliberalism, with detrimental implications both for economic prosperity and for democracy. In turn, the pandemic has revealed the limitations of neoliberalism like never before, with implications for the legitimacy of capitalism itself, and opening unprecedented spaces for theleft.

This book will be of interest to academics in economics, international relations, political science, political economy, sociology and development studies.

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