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The Third mechanism(On the Book by С. Crouch“The Strange Non-Death of Neoliberalism”)

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  • P. Orekhovsky

Abstract

This paper is devoted to the book by C. Crouch “The Strange Non-Death of Neoliberalism”. The central important innovation of the book consists in introducing the third coordination mechanism apart from the state and the market, and this is the corporation. It allows to reconsider the neoliberal model of political economy, which includes marketization (commercialization), “privatized Keynesianism” and economization of political regimes. The 2008 Crisis, caused by this model, has led not to its demise, but rather to the increase in the power of banks, financial and industrial corporations.

Suggested Citation

  • P. Orekhovsky, 2013. "The Third mechanism(On the Book by С. Crouch“The Strange Non-Death of Neoliberalism”)," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 4.
    • Handle: RePEc:nos:voprec:y:2013:id:533
    DOI: 10.32609/0042-8736-2013-4-152-158
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