Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century

Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century
Walter O. Ötsch & Stephan Pühringer
Institut für Ökonomie und Philosophie Cusanus Hochschule, 2017
Grado: adelantado
Perspective: Otros
Topic: Microeconomía y mercados
Format: Working Paper
Enlace: https://www.econstor.eu/handle/10419/191608/

Photo by Yang Xia on Unsplash 

Exploring Economics Working Paper Selection

We collect and republish selected Working Papers and Journal Articles on Exploring Economics.

Learn more

Right-wing populism and market-fundamentalism

Two mutually reinforcing threats to democracy in the 21st century

Walter O. Ötsch & Stephan Pühringer | 2017

 

Abstract: The article compares market fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Based on an analysis of important texts in both fields we find many similarities of these two concepts in their "inner images". Thus, we develop a scheme of the similar dual social worlds of right-wing-populism and market fundamentalism and offer some recent examples of market fundamentalism and right-wing populism mutually reinforcing each other or serving as a gateway for each other. We then apply our scheme for the analysis of the recent political developments and its ideological roots in the US under Donald Trump. 

Key words: Right-wing populism, market-fundamentalism, inner images, Donald Trump, patterns of thinking

Read here

 

Stay tuned!

Subscribe to our newsletter to learn about new debates, conferences and writing workshops.

Subscribe!

Go to: Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century

This material has been suggested and edited by:

Yara Rieper
Tags: market fundamentalism | markets | populism | Trump | United States | Working Paper
El artículo crítica los fundamentos de la síntesis teórica actual que domina el pensamiento económico, conocida como Equilibrio General Dinámico Estocástico (GDSE por sus siglas en Inglés). Analiza la perspectiva de la crítica de Kuhm a los paradigmas científicos. Y concluye que la política económica basada en esta perspectiva no necesariamente conduce al bienestar general.
2019
Level: adelantado
Debilidades teóricas del neoliberalismo económico
Sergio Reuben-Soto
Blog Escudrojo website
L'article est une synthèse du livre "Conceptualizing Capitalism". Geoffrey Hodgson présente les points clés du livre. Il présente d'abord les différentes définitions du capitalisme et les concepts qui y sont associés : marché, propriété, salariat, finance. Ensuite, un focus est fait sur le rôle primordial de l'émergence des institutions financières et des confusions qui existent autour du terme de "capital". Un accent est porté sur l'importance d'une analyse historique et juridique du capitalisme. Hodgson introduit alors la notion d' "institutionnalisme juridique" pour "conceptualiser le capitalisme", afin de mieux le comprendre et éventuellement de prendre des mesures politiques à la hauteur des enjeux contemporains.
2016
Level: debutante
Comprendre le capitalisme
Geoffrey Hodgson
www.laviedesidees.fr
Das Modell des homo oeconomicus erklärt in der Mainstream-Ökonomik das Verhalten des Individuums nach der Logik der Situation. Auch wenn Vertreter*innen des Konzepts betonen, dass es sich um eine wissenschaftliche Abstraktion handelt, fungiert der homo oeconomicus auf der gesellschaftlichen Makroebene jedoch als repräsentativer Akteur und stellt somit eine Reduktion des Menschen dar. Ein Essay von Elena Goschin.
Level: debutante
Gegen die Logik der Situation
Elena Goschin
Netzwerk Plurale Ökonomik
The most successful multialternative theories of decision making assume that people consider individual aspects of a choice and proceed via a process of elimination. Amos Tversky was one of the pioneers of this field, but modern decision theorists – most notably Neil Stewart – have moved things forward. At the current stage the theories are able to explain a number of strictly ‘irrational’ but reasonable quirks of human decision making, including various heuristics and biases. Not only this, but eye movements of participants strongly imply that the decision-making process depicted in the theories is an accurate one.
2020
Level: debutante
The Quirks of Human Decisions, Explained
Cahal Moran
Rethinking Economics
Eine kritische Bestandsaufnahme des Standartlehrbuches „Grundzüge der Mikroökonomie“
2018
Level: adelantado
Hal Varians „Grundzüge der Mikroökonomie“ – eine Kritik
Helge Peukert und Christian Rebhan
Universität Siegen
This article examines the spread of financialization in Germany before the financial crisis. It provides an up-to date overview on the literature on financialization and reviews which of the phenomena typically associated with financialization have emerged in Germany. In particular, the article aims to clarify how the prevailing institutional structure and its changes had contributed to or had countervailed the spread of financialization and how it had shaped the specific German variant of financialization. For this end, it combines the rich literature on Germany's institutional structure with the more macroeconomic oriented literature on financializaton. With the combination of those different perspectives the article sheds light on the reasons for the spread of financialization and the specific forms it has taken in Germany.
2019
Level: debutante
Financialization made in Germany: A review
Daniel Detzer
Institute for International Political Economy Berlin

Donar

Este proyecto es presentado por la Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.) y socios internacionales.  Está comprometida con la diversidad y la independencia y depende de las donaciones de personas como tú. Donaciones regulares o puntuales serán muy apreciadas!

 

Donar