New Limits of the Neoliberalism: Society and Market

Laura Vidal and Eugenia Correa

Journal of Economic Issues, 2021, vol. 55, issue 2, 432-438

Abstract: Neoliberalism has been able to change the markets and the economy of societies around the world. These transformations are especially important with regards to fictitious commodities: land, labor, and money. However, the 2020 pandemic imposes new limits, when life itself is at risk globally. This work highlights the major neoliberal reforms relating to fictitious commodities, the difficulties of society to resist and create counterweights. The health crisis that has emerged with the COVID-19 pandemic is the result of decades of over-exploitation of nature and human beings. The reforms over fictitious commodities, especially labor, have led to a constant and systematic decline of society. This article is supported by the theoretical legacy of Karl Polanyi and Kari Polanyi Levitt that allows us to consider the most important trends of neoliberal reforms and their main objectives.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00213624.2021.1909338 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:mes:jeciss:v:55:y:2021:i:2:p:432-438

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20

DOI: 10.1080/00213624.2021.1909338

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().