Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism

Front Cover
Stanford University Press, Jul 26, 2011 - Business & Economics - 352 pages

The worldwide spread of neoliberalism has transformed economies, polities, and societies everywhere. In conventional accounts, American and Western European economists, such as Milton Friedman and Friedrich von Hayek, sold neoliberalism by popularizing their free-market ideas and radical criticisms of the state. Rather than focusing on the agency of a few prominent, conservative economists, Markets in the Name of Socialism reveals a dialogue among many economists on both sides of the Iron Curtain about democracy, socialism, and markets. These discussions led to the transformations of 1989 and, unintentionally, the rise of neoliberalism.

This book takes a truly transnational look at economists' professional outlook over 100 years across the capitalist West and the socialist East. Clearly translating complicated economic ideas and neoliberal theories, it presents a significant reinterpretation of Cold War history, the fall of communism, and the rise of today's dominant economic ideology.

 

Selected pages

Contents

Preface
A New Transnational Discussion among Economists in the 1950s
Neoclassical Economics and Yugoslav Socialism
Goulash Communism and Neoclassical Economics in Hungary
The International Left the International Right and the Study
Market Socialism or Capitalism?
How Transnational Socialism Became Neoliberalism
Copyright

Other editions - View all

Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism
Johanna Bockman
Limited preview - 2011
Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism
Johanna Bockman
No preview available - 2013

Common terms and phrases

American Economic American economists argued Austrian School Bergson Budapest Cambridge capitalism capitalist central planning CESES Cold War Communist Party Comparative Economic competitive market conferences Confindustria create criticized decentralized democracy democratic developed discussion East Bloc Eastern Europe Eastern European economists economic reform Economic Review economic systems edited elites enterprises equilibrium firms Friedman Hayek hierarchical Horvat Hungarian economists Hungarian reform Hungary ibid ideas institutions Italian Jeffrey Sachs Journal Kantorovich Keynesianism Koopmans Kornai Lange Lange’s leaders Leontief liminal spaces Lipton and Sachs market economy market socialism market socialist Marxist mathematical Nagy neoclassical economics neoclassical economists neoclassical model neoliberalism Oskar Lange ownership Pareto participants political economy professional programs reform economists right-wing Russian scholars social planner socialist economy socialist model Soviet Union Sovietology Stalin Stiglitz theory transition transnational University Press Wassily Leontief Western worker self-management World Bank Yugoslav Yugoslav economists Yugoslav model Yugoslavia

About the author (2011)

Johanna Bockman is Associate Professor of Sociology at George Mason University. Her current research explores socialist entrepreneurship, the debt crisis of the 1980s, Yugoslav socialism in Latin America, and gentrification in Washington, D.C.

Bibliographic information

TitleMarkets in the Name of Socialism: The Left-Wing Origins of Neoliberalism
AuthorJohanna Bockman
PublisherStanford University Press, 2011
ISBN0804778965, 9780804778961
Length352 pages
Subjects › 

Business & Economics / Economic History
  
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