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Masters of the Universe describes neoliberalism's road to power, beginning in interwar Europe but shifting its center of gravity after 1945 to the United States, especially to Chicago and Virginia, where it acquired a simple clarity that was developed into an uncompromising political message. Neoliberalism was communicated through a transatlantic network of think tanks, businessmen, politicians, and journalists that was held together by Friedrich Hayek and Milton Friedman. After the collapse of Bretton Woods in 1971, and the "stagflation" that followed, their ideas finally began to take hold as Keynesianism appeared to self-destruct. Later, after the elections of Reagan and Thatcher, a guileless faith in free markets came to dominate politics.
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Masters of the Universe. Hayek, Friedman, and the Birth of Neoliberal Politics, Gareth Stedman Jones
- Language
- Released
- 2012
- product-detail.submit-box.info.binding
- (Hardcover)
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- Title
- Masters of the Universe. Hayek, Friedman, and the Birth of Neoliberal Politics
- Language
- English
- Authors
- Gareth Stedman Jones
- Publisher
- Princeton University Press
- Released
- 2012
- Format
- Hardcover
- ISBN10
- 0691151571
- ISBN13
- 9780691151571
- Series
- Tags
- Non-Fiction, Social Sciences, Historical Themes, Business, Business & Management, True Stories, Biographies, History, Political Science & Politics, Politics, Economics, American History, Politicians' Biographies
- Rating
- 3.75 out of 5
- Description
- Masters of the Universe describes neoliberalism's road to power, beginning in interwar Europe but shifting its center of gravity after 1945 to the United States, especially to Chicago and Virginia, where it acquired a simple clarity that was developed into an uncompromising political message. Neoliberalism was communicated through a transatlantic network of think tanks, businessmen, politicians, and journalists that was held together by Friedrich Hayek and Milton Friedman. After the collapse of Bretton Woods in 1971, and the "stagflation" that followed, their ideas finally began to take hold as Keynesianism appeared to self-destruct. Later, after the elections of Reagan and Thatcher, a guileless faith in free markets came to dominate politics.