The causes and consequences of the 2007-8 Global Financial Crisis (GFC) have been widely identified as failures of neoliberal policy making, yet neoliberal ideas still dominate the political economy of Britain, the US, and other states. Nonetheless, although neoliberalism is evoked frequently in critical analyses, the term has been criticised for being concept-stretched. As a result, there is a lack of academic consensus on its exact meaning, not to mention how it links with finance-led regimes of accumulation.
This panel addresses the historical antecedents, contemporary characteristics, and future trajectories of a political economic landscape characterised by processes of neoliberalism and financialisation. We will explore the conceptual arsenal at our disposal for understanding changing political economies, and highlight the consequences of the increasing weight of finance on the workings of the economy, the work force, higher education and party politics.
Panel Members:
- Dr David Lane: Understanding Neo-liberalism as a theory of society (04:08)
- Dr Stuart Hogarth: Is biotechnology a neoliberal science? (19:54)
- Dr Matthew Sparkes (moderator): The economic ideas of financialisation in Britain (35:03)
- Valentina Ausserladscheider: Rhetoric against financial market of right-wing populist parties (47:28)
Video Recording:
View on Youtube.