![Christopher Payne - The Consumer, Credit and Neoliberalism. Governing the Modern Economy. - 9781138807792 - V9781138807792 Christopher Payne - The Consumer, Credit and Neoliberalism. Governing the Modern Economy. - 9781138807792 - V9781138807792](/products/full/9781138807792.jpg)
The Consumer, Credit and Neoliberalism. Governing the Modern Economy.
Christopher Payne
This book is an investigation into the economic policy formulation and practice of neoliberalism in Britain from the 1950s through to the financial crisis and economic downturn that began in 2007-8. It demonstrates that influential economists, such as F.A. Hayek and Milton Friedman, authors at key British think tanks such as the Institute of Economic Affairs and the Centre for Policy Studies, and important political figures of the Thatcher and New Labour governments shared a similar conception of the consumer.
For neoliberals, the idea that consumers were weak in the face of businesses and large corporations was almost offensive. Instead, consumers ... Read more
By utilizing the method of French philosopher Michel Foucault this book provides an original analysis of the policy ideas and political speeches of key figures in the New Right, in government and at the Bank of England. And it addresses the key question as to why policy-makers both in Britain and the United States did little or nothing to stem rising consumer and household indebtedness, instead always choosing to see increasing house prices and homeownership as a positive to be encouraged.
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About Christopher Payne
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