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Challenges to neo-liberalism in the United States

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  • Samuel Rosenberg

Abstract

With the significant changes in the economy and the society occurring under neo-liberalism as a base, this paper analyzes the extent to which government policies, including federal, state, and local, and labor activism since the Great Recession constitute challenges to neo-liberalism in the United States. It investigates the legacy of neo-liberalism including the ineffective federal governmental response to the COVID-19 economic and health crisis, and the emerging discourse within the Democratic Party calling for a major reorientation of government policy away from neo-liberalism. It concludes by discussing the effects of the neo-liberal agenda on economic well-being and evaluating whether the neo-liberal agenda has been successful in its own terms.

Suggested Citation

  • Samuel Rosenberg, 2021. "Challenges to neo-liberalism in the United States," International Review of Applied Economics, Taylor & Francis Journals, vol. 35(3-4), pages 407-431, July.
    • Handle: RePEc:taf:irapec:v:35:y:2021:i:3-4:p:407-431
    DOI: 10.1080/02692171.2020.1844640
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    Cited by:

    1. Jan Weber, Ellis Scharfenaker, 2022. "Measures of firm performance and concentration: stylized facts and a dilemma of data reproduction," Working Paper Series, Department of Economics, University of Utah 2022_03, University of Utah, Department of Economics.
    2. Mark Setterfield, 2022. "Neoliberalism: An Entrenched but Exhausted Growth Regime," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(79), pages 131-146, May.
    3. Malcom Sawyer, 2021. "Beyond social democracy and neo-liberalism: Towards a social economy," PSL Quarterly Review, Economia civile, vol. 74(299), pages 287-306.

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