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Title:Silent conversion to anti-statism: Historical origins of the belief in market superiority PDF Logo
Authors:Engartner, Tim
Issue Date:2012
Series/Report no.:Discussion papers // Zentrum für Ökonomische und Soziologische Studien 28
Abstract:Despite severe economic turmoil within the last decade the stock diagnosis for most market insufficiencies has been: the state must be 'slimmed down'. Satisfying social needs through the free market under the slogan of 'less government is good government' has been a constitutive feature of economic policy since the rise of neoliberalism in the 1980s. But even as the deregulation of the markets and the 'downsizing' of the state causes growing social turbulences - especially in the context of the current financial and economic meltdown - politicians, scholars and the media still cling to the idea of an omnipotent market. Deeprooted and widely-spread anti-statism still fulfils the role of a creed serving to legitimize the necessity of market-centred 'reforms'.
Subjects:anti-statism
free-market economy
laissez-faire
lean state
liberalism
neoliberalism
Mont Pèlerin Society
JEL:A11
B22
B26
L3
N20
P16
Document Type:Working Paper
Appears in Collections:Discussion Papers, Zentrum für Ökonomische und Soziologische Studien, Universität Hamburg (UHH)

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