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New Limits of the Neoliberalism: Society and Market

Resource type
Authors/contributors
Title
New Limits of the Neoliberalism: Society and Market
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.
Publication
Journal of Economic Issues
Volume
55
Issue
2
Pages
432-438
Date
2021-04-03
Language
English
ISSN
0021-3624
Short Title
New Limits of the Neoliberalism
Accessed
2022-08-23, 12:12 a.m.
Library Catalog
Taylor and Francis+NEJM
Citation
Vidal, Laura, and Eugenia Correa. 2021. “New Limits of the Neoliberalism: Society and Market.” Journal of Economic Issues 55(2): 432–38.
Discipline
Publication year
Keywords
  • fictitious commodities
  • health crisis
  • neoliberal counterrevolution
  • neoliberalism

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