Publisher's Synopsis
Neo-liberal policies mark the transition between two eras, from a world of national capital and nation states to a world of internationalized capital and supra-national organizations. They represent the transformation from expected continuous increases in social benefits, personal and social wealth, and political reforms to the dismantling of reforms, economic retrenchment, and political reaction.;Gary Teeple examines the undermining of the conditions that had previously underpinned social democracy. He critiques the neo-liberal agenda of the present time, arguing that it is the social and political couterpart to the globalization of production, distribution and exchange. He then discusses the potential limits to the continued expansion of globalized capital, and the dire consequences of a global economy without resistance or reforms.
