The Rise of Neoliberalism in Advanced Capitalist Economies A Materialist Analysis

This book is a strikingly original and provocative interpretation of the rise of neoliberalism, drawing on the principles of historical materialism. It explains why the rise of neoliberalism didn't happen until the 1970s. It presents controversial argument on causes behind the development of neoliberalism. Authors have strong reputations and have been collaborating for thirty years including the History of Marxian Economics, volumes 1 and 2 (published by Palgrave) In this unique and dramatic account of the rise of neoliberalism, Howard and King consider the major features of historical materialism, the factors which resulted in Nineteenth and Twentieth century thinkers incorrectly predicting the long-term decline of the market, and the prospects for a reversal of neoliberalism in the Twenty-first century.

J. E. King is Professor of Economics at La Trobe University, Australia.