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The new spirit of neoliberalism: equality and economic prosperity

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  • Hélène Périvier

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Réjane Sénac

    (CEVIPOF - Centre de recherches politiques de Sciences Po (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

Abstract

The 21st century began with a global crisis that is both economic and political in nature. In this context, an approach based on demonstrating how equality policies and the struggle against various types of discriminations are ‘performing' has emerged. The approach is designed to show that priority must be given to implementation of the principle of equality, with ‘performance' measured in terms of a cost-benefit analysis from an economic and social perspective. We analyze public justification of contemporary policies on gender equality and the fight against discrimination to highlight the consequences of this approach. We look at the role of equality in market regulation in order to shed light on the complex links between economic development and social progress. We show that justifications of equality policies draw on a cost-benefit analysis which legitimates them in the name of the economic and social benefits expected. We conclude that the foundations of equality and social justice are weakened by the importance accorded to the supposed or imagined benefits of equality policies and anti-discrimination. Equality thus submitted to a demonstration of its performance is no longer a principle but rather an option dependent on such demonstration.

Suggested Citation

  • Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," SciencePo Working papers Main hal-02403971, HAL.
  • Handle: RePEc:hal:spmain:hal-02403971
    DOI: 10.1111/issj.12131
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-02403971
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    References listed on IDEAS

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