Several factors have brought us to this situation:
Both democratic politics and the free market are weakened by these processes, but they are largely inevitable and not always malign. Hope for the future, therefore, cannot lie in suppressing them in order to attain either an economy of pure markets or a socialist society. Rather it lies in dragging the giant corporation fully into political controversy.
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"This highly accessible book makes its case persuasively."
Times Higher Education
"A rich and powerful book. It pushes towards an analysis of neoliberalism not as the set of liberalizing forces that it depicts itself as being, but rather as a grouping of impulses that have both hampered government and weakened market competition."
"A well-reasoned and tightly argued analysis of our present predicament. Although written for the intelligent general reader, rather than subject specialists, his insights constantly provoke and illuminate. Far from being merely a dry dissection of neoliberal theory, the book also addresses how to make corporations behave better."
LSE Politics Blog
"Takes forward and moves beyond Karl Polanyi’s (1957) analysis of state/market relationsto match the changing conditions of the twenty-first century."
Journal of Contemporary European Studies
"The most important work on the political economy of modern capitalism since Keynes, Kalecki and Schonfield."
Philippe C. Schmitter, European University Institute
"Colin Crouch shows how neoliberalism as embodied in large corporations brought about the Great Recession of 2007 and yet, ironically, they profited in wealth and power from it - at everyone else's expense. A compelling read."
Michael Mann, University of California, Los Angeles
"An excellent contribution to the debate about neoliberalism. Crouch gives us a tightly reasoned and well balanced critique of the neoliberal philosophy that contributed significantly to the 2008 financial crisis. And his call for a more frank discussion in civil society of the moral and ethical assumptions behind neoliberalism is a refreshing addition to the traditional call for simply bringing the state back in to tame market forces."
John L. Campbell, Dartmouth College
1. The previous career of neo-liberalism.
2. The market and its limitations.
3. The corporate takeover of the market.
4. Private firms and public business.
5. Privatized Keynesianism: debt in place of discipline.
6. The inevitability of corporate political entanglement.
7. Values and civil society.
8. What's left of what's right?