Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century

Stephan Puehringer and Walter O. Oetsch
Additional contact information
Stephan Puehringer: Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria
Walter O. Oetsch: Cusanus University, Germany
Authors registered in the RePEc Author Service: Stephan Pühringer

No 59, ICAE Working Papers from Johannes Kepler University, Institute for Comprehensive Analysis of the Economy

Abstract: The article compares market fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Based on an analysis of the work of important founders of market fundamental economic thinking and the arguments brought forward by leading right-wing populist we find many similarities of these two concepts in their "inner images". Thus, we develop a scheme of the similar dual social worlds of right-wing-populism and market fundamentalism and offer some recent examples of market fundamentalism and right-wing populism mutually reinforcing each other or serving as a gateway for each other. We then apply our scheme for the analysis of the recent political developments and its ideological roots in the US under Donald Trump. The main conclusion of this article is that market fundamentalism and right-wing populism together must be seen as two mutually reinforcing threats to democracy in the 21st century.

Keywords: Right-wing populism; market-fundamentalism; inner images; Donald Trump; patterns of thinking (search for similar items in EconPapers)
Pages: 13 pages
Date: 2017-03
New Economics Papers: this item is included in nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.jku.at/fileadmin/gruppen/108/ICAE_Working_Papers/wp59.pdf First version, 2017 (application/pdf)

Related works:
Working Paper: Right-wing populism and market-fundamentalism: Two mutually reinforcing threats to democracy in the 21st century (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ico:wpaper:59

Access Statistics for this paper

More papers in ICAE Working Papers from Johannes Kepler University, Institute for Comprehensive Analysis of the Economy Contact information at EDIRC.
Bibliographic data for series maintained by Teresa Griesebner ( this e-mail address is bad, please contact ).