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The hegemony constraints in the neoliberal years of capitalism

In: Economic Crises and Policy Regimes

Author

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  • Luiz Carlos Bresser-Pereira

Abstract

In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices.

Suggested Citation

  • Luiz Carlos Bresser-Pereira, 2014. "The hegemony constraints in the neoliberal years of capitalism," Chapters, in: Hideko Magara (ed.), Economic Crises and Policy Regimes, chapter 3, pages 56-78, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15547_3
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    File URL: https://www.elgaronline.com/view/9781782549918.00010.xml
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    Cited by:

    1. Kang, Sung Jin & Seo, Hwan-Joo, 2023. "Validity of the Meltzer and Richard hypothesis under captured democracy and policy regime hypotheses," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1732-1749.

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