LAUSR.org creates dashboard-style pages of related content for over 1.5 million academic articles. Sign Up to like articles & get recommendations!

New Limits of the Neoliberalism: Society and Market

Photo by alvarordesign from unsplash

Abstract: Neoliberalism has been able to change the markets and the economy of societies around the world. These transformations are especially important with regards to fictitious commodities: land, labor, and… Click to show full abstract

Abstract: Neoliberalism has been able to change the markets and the economy of societies around the world. These transformations are especially important with regards to fictitious commodities: land, labor, and money. However, the 2020 pandemic imposes new limits, when life itself is at risk globally. This work highlights the major neoliberal reforms relating to fictitious commodities, the difficulties of society to resist and create counterweights. The health crisis that has emerged with the COVID-19 pandemic is the result of decades of over-exploitation of nature and human beings. The reforms over fictitious commodities, especially labor, have led to a constant and systematic decline of society. This article is supported by the theoretical legacy of Karl Polanyi and Kari Polanyi Levitt that allows us to consider the most important trends of neoliberal reforms and their main objectives.

Keywords: neoliberalism society; fictitious commodities; new limits; neoliberalism; limits neoliberalism

Journal Title: Journal of Economic Issues
Year Published: 2021

Link to full text (if available)


Share on Social Media:                               Sign Up to like & get
recommendations!

Related content

More Information              News              Social Media              Video              Recommended



                Click one of the above tabs to view related content.