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Restructuring Hegemony in the Global Political Economy
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Restructuring Hegemony in the Global Political Economy : The Rise of Transnational Neo-Liberalism in the 1980s

Book Details

Format Hardback or Cased Book
ISBN-10 0415055954
ISBN-13 9780415055956
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date May 6th, 1993
Print length 308 Pages
Weight 498 grams
Ksh 34,200.00
Werezi Extended Catalogue 0 in stock

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This presents a timely appraisal of the process of transforming economic domination as it has unfolded from the late 1970s. The contributors are some of the most stimulating and provocative writers currently working in political economics.
Since the late 1970s, the spread of Neo-liberalism and the failure of socialist economies and systems in Eastern Europe have resulted in a practically unchallenged hegemony of international capital across the globe. Neo-liberalism is now the dominant ideology, legitimizing the privatisation of state-controlled economies and the substitution of the market for social provision and basic welfare.
In Restructuring Hegemony in the Global Political Economy the authors argue that this process began with the defeat of the New International Economic Order, the Euro-Communist ascendency in Western Europe, the overthrow of the Allende government in Chile, and culminated in the collapse of practical socialism. They assert that the victory of neo-liberalism is now so complete that its radical features have come to be accepted as the new normality.

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