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The neoliberal "rebirth" of development economics

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    Abstract

    This article is to be published in the May 2006 issue of the Monthly Review. Nowadays, neoclassical economics' domination of development theory is on par with that of high finance's neoliberal power over development policies. There are important complementarities between these two forms of ideological domination which are mutually reinforcing and interdependent. Thus, it is not only the absence of a scientific basis and the logical inconsistencies that disqualify these approaches, but the ideological function and antisocial project that their methodologies and conclusions support in the service of world capital.

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    File URL: ftp://mse.univ-paris1.fr/pub/mse/cahiers2006/R06031.pdf
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    Bibliographic Info

    Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number r06031.

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    Length: 13 pages
    Date of creation: Apr 2006
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    Handle: RePEc:mse:wpsorb:r06031

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    Keywords: Development; neo-classical economics; neo-liberalism; crisis; heterodoxies.;

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