IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-02403971.html
   My bibliography  Save this paper

The new spirit of neoliberalism: equality and economic prosperity

Author

Listed:
  • Hélène Périvier

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Réjane Sénac

    (CEVIPOF - Centre de recherches politiques de Sciences Po (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique)

Abstract

The 21st century began with a global crisis that is both economic and political in nature. In this context, an approach based on demonstrating how equality policies and the struggle against various types of discriminations are ‘performing' has emerged. The approach is designed to show that priority must be given to implementation of the principle of equality, with ‘performance' measured in terms of a cost-benefit analysis from an economic and social perspective. We analyze public justification of contemporary policies on gender equality and the fight against discrimination to highlight the consequences of this approach. We look at the role of equality in market regulation in order to shed light on the complex links between economic development and social progress. We show that justifications of equality policies draw on a cost-benefit analysis which legitimates them in the name of the economic and social benefits expected. We conclude that the foundations of equality and social justice are weakened by the importance accorded to the supposed or imagined benefits of equality policies and anti-discrimination. Equality thus submitted to a demonstration of its performance is no longer a principle but rather an option dependent on such demonstration.

Suggested Citation

  • Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," Post-Print hal-02403971, HAL.
  • Handle: RePEc:hal:journl:hal-02403971
    DOI: 10.1111/issj.12131
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-02403971
    as

    Download full text from publisher

    File URL: https://sciencespo.hal.science/hal-02403971/document
    Download Restriction: no

    File URL: https://libkey.io/10.1111/issj.12131?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Esther Duflo, 2012. "Women Empowerment and Economic Development," Journal of Economic Literature, American Economic Association, vol. 50(4), pages 1051-1079, December.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    3. Jonathan Woetzel, 2015. "The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth," Working Papers id:7570, eSocialSciences.
    4. Jorge Luis García & James J. Heckman & Duncan Ermini Leaf & María José Prados, 2016. "The Life-cycle Benefits of an Influential Early Childhood Program," NBER Working Papers 22993, National Bureau of Economic Research, Inc.
    5. Christian Gonzales & Sonali Jain-Chandra & Kalpana Kochhar & Monique Newiak, 2015. "Fair Play; More Equal Laws Boost Female Labor Force Participation," IMF Staff Discussion Notes 15/2, International Monetary Fund.
    6. Seguino, Stephanie, 2000. "Gender Inequality and Economic Growth: A Cross-Country Analysis," World Development, Elsevier, vol. 28(7), pages 1211-1230, July.
    7. Bruno Palier, 2005. "Vers un État d'investissement social," Post-Print hal-02142124, HAL.
    8. Mr. Christian Gonzales & Ms. Sonali Jain-Chandra & Ms. Kalpana Kochhar & Ms. Monique Newiak, 2015. "Fair Play: More Equal Laws Boost Female Labor Force Participation," IMF Staff Discussion Notes 2015/002, International Monetary Fund.
    9. Gaëlle Ferrant & Alexandre Kolev, 2016. "Does gender discrimination in social institutions matter for long-term growth?: Cross-country evidence," OECD Development Centre Working Papers 330, OECD Publishing.
    10. Adams, Renée B. & Ferreira, Daniel, 2009. "Women in the boardroom and their impact on governance and performance," Journal of Financial Economics, Elsevier, vol. 94(2), pages 291-309, November.
    11. Hélène Périvier, 2012. "Travaillez ou mariez-vous !," Post-Print hal-03418027, HAL.
    12. Olivier Thevenon & Angelica Salvi Del Pero, 2015. "Gender Equality for Economic Growth," Annals of Economics and Statistics, GENES, issue 117-118, pages 353-377.
    13. Justin Wolfers, 2006. "Diagnosing Discrimination: Stock Returns and CEO Gender," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 531-541, 04-05.
    14. Jorge Luis García & James J. Heckman & Duncan Ermini Leaf & María José Prados, 2020. "Quantifying the Life-Cycle Benefits of an Influential Early-Childhood Program," Journal of Political Economy, University of Chicago Press, vol. 128(7), pages 2502-2541.
    15. Eve Chiapello & Luc Boltanski, 1999. "Le nouvel esprit du capitalisme," Post-Print hal-00680085, HAL.
    16. repec:hal:spmain:info:hdl:2441/19qbbbrfem9ji8u1n0us4j77gf is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:spo:wpmain:info:hdl:2441/14c56gh1hq9d1qglmadaub8jc9 is not listed on IDEAS
    2. repec:hal:spmain:info:hdl:2441/14c56gh1hq9d1qglmadaub8jc9 is not listed on IDEAS
    3. Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," SciencePo Working papers Main hal-02403971, HAL.
    4. Amjad Naveed & Nisar Ahmad & Amber Naz & Aziza Zhuparova, 2023. "Economic development through women’s economic rights: a panel data analysis," International Economics and Economic Policy, Springer, vol. 20(2), pages 257-278, May.
    5. Ms. Sonali Jain-Chandra & Ms. Kalpana Kochhar & Ms. Monique Newiak & Yang Yang & Ms. Edda Zoli, 2018. "Gender Equality: Which Policies Have the Biggest Bang for the Buck?," IMF Working Papers 2018/105, International Monetary Fund.
    6. Lawrence, Edward R. & Raithatha, Mehul, 2023. "Gender bias, board diversity, and firm value: Evidence from a natural experiment," Journal of Corporate Finance, Elsevier, vol. 78(C).
    7. Pierre-Richard Agénor, 2018. "A Theory of Social Norms, Women's Time Allocation, and Gender Inequality in the Process of Development," Centre for Growth and Business Cycle Research Discussion Paper Series 237, Economics, The University of Manchester.
    8. Purva Khera, 2016. "Macroeconomic Impacts of Gender Inequality and Informality in India," IMF Working Papers 2016/016, International Monetary Fund.
    9. Joseph P. Newhouse, 2021. "An Ounce of Prevention," Journal of Economic Perspectives, American Economic Association, vol. 35(2), pages 101-118, Spring.
    10. Luca Flabbi & Mario Macis & Andrea Moro & Fabiano Schivardi, 2019. "Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance," The Economic Journal, Royal Economic Society, vol. 129(622), pages 2390-2423.
    11. Flèche, Sarah & Lekfuangfu, Warn N. & Clark, Andrew E., 2021. "The long-lasting effects of family and childhood on adult wellbeing: Evidence from British cohort data," Journal of Economic Behavior & Organization, Elsevier, vol. 181(C), pages 290-311.
    12. Tii N. Nchofoung & Simplice A. Asongu & Vanessa S. Tchamyou & Ofeh M. Edoh, 2021. "Political inclusion and democracy in Africa: some empirical evidence," Working Papers 21/091, European Xtramile Centre of African Studies (EXCAS).
    13. Tsou, Meng-Wen & Yang, Chih-Hai, 2019. "Does gender structure affect firm productivity? Evidence from China," China Economic Review, Elsevier, vol. 55(C), pages 19-36.
    14. Andrea Weber & Christine Zulehner, 2010. "Female Hires and the Success of Start-Up Firms," American Economic Review, American Economic Association, vol. 100(2), pages 358-361, May.
    15. Kilian Huber & Volker Lindenthal & Fabian Waldinger, 2021. "Discrimination, Managers, and Firm Performance: Evidence from “Aryanizations” in Nazi Germany," Journal of Political Economy, University of Chicago Press, vol. 129(9), pages 2455-2503.
    16. Bhalotra, Sonia & Clots-Figueras, Irma & Iyer, Lakshmi, 2013. "Path-Breakers: How Does Women’s Political Participation Respond to Electoral Success?," Economics Discussion Papers 9008, University of Essex, Department of Economics.
    17. Lata Gangadharan & Tarun Jain & Pushkar Maitra & Joe Vecci, 2022. "Lab-in-the-field experiments: perspectives from research on gender," The Japanese Economic Review, Springer, vol. 73(1), pages 31-59, January.
    18. Gabriele Cappelli & Michelangelo Vasta, 2021. "A “Silent Revolution”: school reforms and Italy’s educational gender gap in the Liberal Age (1861–1921)," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 15(1), pages 203-229, January.
    19. Tyrowicz, Joanna & Terjesen, Siri & Mazurek, Jakub, 2020. "All on board? New evidence on board gender diversity from a large panel of European firms," European Management Journal, Elsevier, vol. 38(4), pages 634-645.
    20. Paola Demartini, 2019. "Why and How Women in Business Can Make Innovations in Light of the Sustainable Development Goals," Administrative Sciences, MDPI, vol. 9(3), pages 1-8, August.
    21. Subrata SAHA & Arifa SULTANA & Sanjoy Kumar SAHA, 2022. "Determinants Of Female Labor Force Participation In Tangail District In Bangladesh: A Logistic Regression Analysis," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 45-57, July.
    22. Marie Hyland & Simeon Djankov & Pinelopi Koujianou Goldberg, 2020. "Gendered Laws and Women in the Workforce," American Economic Review: Insights, American Economic Association, vol. 2(4), pages 475-490, December.

    More about this item

    Keywords

    Performance; Equality policies; Discrimination; Social investment;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-02403971. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.