The tyranny of (neo)liberal democracy: a global capitalist fantasy of authoritarian freedom

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Chapter 6 in Authoritarian Capitalism in the Age of Globalization, 2016, pp 99-128 from Edward Elgar Publishing

Abstract: This chapter highlights how authoritarian capitalism is not limited to “developing countries” or newly economically and politically “modern” ones. It is also found within established liberal democracies. Significantly, such authoritarianism is not counter to liberal democratic values but rather expands upon them in quite coercive ways. More precisely, it channels desires for democratic sovereignty and power as well as liberal notions of the state as a “protector” of rights, into a political fantasy in which governments must be illiberally empowered to safeguard freedom, understood as the simultaneous presence of liberalism, democracy and the market. The need to shape and discipline individuals to become “responsible” neoliberal subjects is transformed into the duty of the state to control the population for the same ends.

Keywords: Business and Management; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2016
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