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The Who of Power?

by Adam David Morton on October 25, 2015

The Who of Power?

Adam David Morton | October 25, 2015

Tags: class struggle neoliberalism
class struggle, neoliberalism
| 2 418

ideaHow is the causative role of ideas appreciated in understanding the political economy of neoliberalism?

My latest journal article published in Globalizations delves into this question through a feature review on an outstanding book now available in paperback, which is Damien Cahill’s The End of Laissez-Faire?: On the Durability of Embedded Neoliberalism.

My article raises three specific contributions made by Damien Cahill’s book and its challenge to ideas-centred conceptions of neoliberalism, not least in relation to arguments propounded by neoliberal fundamentalists, Marxist scholars, and constructivist strands of political economy.

These three contributions revolve around the book’s:

Cahill

  1. carefully crafted alternative account of ideational causation in shaping neoliberal political economy;
  2. an alternative origin story of neoliberalism and periodisation of capitalism; and
  3. an explicit normative perspective in critiquing neoliberalism as a set of class relations through which capital has conditioned the exploitation of labour.

This then leads me to consider some wider questioning of the book while delivering some reflections by way of conclusion as to where this leaves neoliberalism studies in political economy today.

As a result, it is crucial to sustain a focus on the class relations, institutions, and ideology of present-day capitalism. Also, my argument is that reflecting further on the who of power remains an enduring challenge for political economy.

I would especially like to thank the people at Globalizations for supporting this article through to publication, led by Barry Gills and his excellent editorial board team.

The article was first presented at the VI Australian International Political Economy Network (AIPEN) annual workshop, at the University of Wollongong (2-3 February 2015).

 

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Author: Adam David Morton

Adam David Morton is Professor of Political Economy in the Department of Political Economy at the University of Sydney. He is author of Unravelling Gramsci: Hegemony and Passive Revolution in the Global Political Economy (2007); Revolution and State in Modern Mexico: The Political Economy of Uneven Development (2011), recipient of the 2012 Book Prize of the British International Studies Association (BISA) International Political Economy Group (IPEG); and co-author of Global Capitalism, Global War, Global Crisis (2018) with Andreas Bieler. He co-edits Progress in Political Economy (PPE) with Gareth Bryant that was the recipient of the 2017 International Studies Association (ISA) Online Media Caucus Award for the Best Blog (Group) and the 2018 International Studies Association (ISA) Online Media Caucus Award for Special Achievement in International Studies Online Media.

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Comments

  • Ralph Litzinger | Oct 26 1515

    Could you provide the exact citation for the Adam David Morton article in Globalizations. I can’t find it through my library. And the embedded link above takes us into a University of Sydney log in page. Thanks Ralph

    0
  • Adam David Morton | Oct 26 1515

    Apologies, Ralph. The article is available online early through the Globalizations website here: https://www.tandfonline.com/doi/full/10.1080/14747731.2015.1101822
    I have updated the link in the blog post, too. The complete reference is Volume 13, Number 2 (2016). Hope that helps. Do drop me an email if you cannot get access.

    0

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  • Home
  • About
  • Manchester University Press Book Series
  • Past & Present Reading Group
  • A Political Economy of Australian Capitalism
  • Australian IPE Network (AIPEN)
  • Journal of Australian Political Economy (JAPE)
    • Journal of Australian Political Economy (JAPE)
    • JAPE Submission Guidelines
    • JAPE Issues
    • JAPE Young Scholar Award
  • Other Reading Groups
    • The Rubicon Reading Group
    • Marxism Reading Group
    • Journal Club
  • Forums
    • Forums
    • Debating Debtfare States
    • Debating Economic Ideas in Political Time
    • Debating Mass Strikes and Social Movements in Brazil and India
    • Debating The Making of Modern Finance
    • Debating War and Social Change in Modern Europe
    • Debating Social Movements in Latin America
    • Feminist Global “Secureconomy”
    • Scandalous Economics
    • The Military Roots of Neoliberal Governance
  • Literary Geographies of Political Economy
  • Pedagogy
    • Five Minute Honours Theses
    • Piketty Forum
    • Radical Economics Pedagogy
    • Unconventional Wisdom
  • Wheelwright Lecture
  • Events
  • Contributors
  • Links
    • Political Economy At Sydney
    • PHD in Political Economy
    • Master of Political Economy
    • Centre for Future Work
    • Centre for the Study of Social and Global Justice (CSSGJ)
    • Climate Justice Research Centre (UTS)