Earlier this month we published a new book from Gérard Duménil and Dominique Lévy, both of whom are Directors of Research at the Centre National de la Recherche Scientifique in Paris. Duménil and Lévy are the authors of an earlier Harvard University Press book, Capital Resurgent: Roots of the Neoliberal Revolution, in which they showed that, despite free market platitudes, neoliberalism was a planned effort by financial interests against the postwar Keynesian compromise. In their new book, The Crisis of Neoliberalism, they examine the global economic collapse of 2007-2010 as an inevitable outcome of the rise of neoliberal economics. Unlike much that’s been written on this collapse, Duménil and Lévy focus not on villifying individuals, but on describing the larger forces at work. And, again unlike most other accounts, the authors offer concrete prescriptions for revitalizing our global economy and closing the door on the era of neoliberalism. With accessible language accompanied by well-designed graphs and charts, The Crisis of Neoliberalism is a useful new guide to understanding the world around us.
Gérard Duménil was recently interviewed by the nonprofit news agency The Real News Network. In two segments that you can watch below, Duménil gives a lucid explanation of neoliberalism and its rise before turning to the inherent instabilities that led to this crisis. He also touches here on solutions, which are outlined in far greater detail in the book.
(Note: these videos are loading a little slowly from their host. If you have any trouble with playback, just press pause and let them load for a minute or two.)
Part 1:
Gérard Duménil was recently interviewed by the nonprofit news agency The Real News Network. In two segments that you can watch below, Duménil gives a lucid explanation of neoliberalism and its rise before turning to the inherent instabilities that led to this crisis. He also touches here on solutions, which are outlined in far greater detail in the book.
(Note: these videos are loading a little slowly from their host. If you have any trouble with playback, just press pause and let them load for a minute or two.)
Part 1:
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