This was a worthwhile. Mr. Gerstle has a great read on the ideological dynamics of the past century particularly as it relates the America’s dominance during this time. I also like his modest demeanor.
Hi Robin, Good to see an old Sydney Uni PE student having done well and still involved with Economics. Do you remember when we occupied the Sydney Uni Economics faculty building in 1983?
This professor is good on the rise of the neoliberal order but unconvincing on its decline. One of the reasons is that he doesn't take into account how the neoliberals became super-organised using Leninist cadre building and united front tactics and came to dominate academia, the media, politics, law, economics etc. And continue to do so. That is why neoliberalism continues to be the prevalent ideology in elite circles across the capitalist world.
My feeling is that classical liberalism was mostly a doctrine that stressed the fear of big powers, no matter which one, and equally distrusted both religious and state institutions. Neoliberalism, on the other hand, only rejected the state as long as it limited its domestic power, while requesting it for foreign expansion and embraced the religion as long as it promoted a right-wing agenda. When religion talked about poverty and disdain for money, neoliberalism suddenly became libertarian. And unlike Newt, Bill never make women sick after sex.
many people argue that classical liberalism absolutely was about state power and coercion. some (eg David Graeber) even argue that slavery was an essential component of the "real-life" liberalism.
This dissertation focuses in the internal most public face of mid-late 20th Century USA political history, practically ignoring the transnational looting and mass murdering USA has carried on to power their political history. This author said: “(…) a focus on neoliberalism can help us do that. Neoliberalism is a a creed that prises free trade and the free movement of capitals, goods and people. It celebrates deregulation as an economic good that results when markets are free from government interference. It hails globalisation as a win-win proposition that both enriches the West -the cockpit of neoliberalism- while also bringing an unprecedented level of prosperity to the rest of the world.” Then he tries to link cosmopolitanism to neoliberalism and then he says neoliberalism is built on the basis of classic neoliberalism… THIS IS ALL ABSOLUTE RUBBISH! TRANSNATIONAL NEOLIBERALISM, LEAD BY USA, IS NOTHING BUT A NEO-COLONIAL STRATEGY FOR LOOTING THE FORMER COLONIAL COUNTRIES. NEOLIBERALISM IS A STRATEGY TO CONTINUE THE COLONIAL LOOTING BY THE “GLOBAL NORTH” AGAINST THE “GLOBAL SOUTH”. NEOLIBERALISM IS NOTHING BUT NEO-COLONIALISM. Adam Smith clearly warned against monopolies. Neoliberalism doesn’t only prepare the legislative ground to allow monopolies, it also pursues globalising monopolies. Etc, this seems nothing but cheap neoliberal indoctrination. Indeed the psychotic Javier Milei repeats some of these concepts like a parrot and it’s causing a national catastrophe in Argentina, with the full country trying to mobilise to oppose the Zionist neo-colonial neoliberal wacko, puppet of the neoliberal globalist power, worshiper of USA
50 mins in must be chapter summaries and the juice is in the book. Very dull. Sounds like a recital to people living a hundred years hence who know nothing of our world
@@jasonbeary5771 There is an overestimation of ideology and an underestimation of the majority just endlessly scheming how next to take advantage of everyone else. I don't think Mr. Gerstle gets it all wrong but there is considerable apophenia in describing neoliberalism as an "order". The only rules neoliberalism seems to set are corruption and racism. You hardly need a very powerful think tank to sell everyone on the idea that you will be the wolves that guard the hen house. In fact the zeitgeist that Mr. Gerstle describes as defining the new deal order - of not trusting markets - was only enhanced under neoliberalism. No one ever trusted markets to handle anything important - from monopoly creation to union busting to ensuring a global exchange of goods and services - neoliberals relied on government to do all the heavy lifting and federal budgets only ever increased.
The Rise and Fall of the Neo-Liberal Order? dont u mean The Rise and Fall of the WEST Order? it feels like a crusader talking about The Rise and Fall of the lords "benevolent" Order ... lol.
@@evo8power228 Yep, Christian values such as secularism, free speech, rationalism, and democracy...oh wait not a single one of these is a Christian value.
@@F--B It really didn't. Cultural and social dynamics did and (Western) Christianity was forced to adapt to them. The church was dragged kicking and screaming into this new world.
This was a worthwhile. Mr. Gerstle has a great read on the ideological dynamics of the past century particularly as it relates the America’s dominance during this time. I also like his modest demeanor.
I think Gary Gerstle is brilliant. Thank You for having him, recording the talk and presenting it here.
100% important talk, no two ways about it.
Brilliant Lecture
"Markets need structure in order to operate freely" - the same can also be said about human beings.
Hi Robin, Good to see an old Sydney Uni PE student having done well and still involved with Economics. Do you remember when we occupied the Sydney Uni Economics faculty building in 1983?
This professor is good on the rise of the neoliberal order but unconvincing on its decline. One of the reasons is that he doesn't take into account how the neoliberals became super-organised using Leninist cadre building and united front tactics and came to dominate academia, the media, politics, law, economics etc. And continue to do so. That is why neoliberalism continues to be the prevalent ideology in elite circles across the capitalist world.
Very astute observation about the cadre building.
Isn't managerialism the dominant ideology of contemporary elites?
Surprise to see LSE hosting this event. Oxford is next?
My feeling is that classical liberalism was mostly a doctrine that stressed the fear of big powers, no matter which one, and equally distrusted both religious and state institutions. Neoliberalism, on the other hand, only rejected the state as long as it limited its domestic power, while requesting it for foreign expansion and embraced the religion as long as it promoted a right-wing agenda. When religion talked about poverty and disdain for money, neoliberalism suddenly became libertarian. And unlike Newt, Bill never make women sick after sex.
many people argue that classical liberalism absolutely was about state power and coercion. some (eg David Graeber) even argue that slavery was an essential component of the "real-life" liberalism.
Theme of Campaign24
Argentina would like a word :p
47:56 -- he meant to say 1994 in relation to Newt Gingrich's electoral victories
A historian, nonetheless allows us to follow the thread from classical liberalism to neo-liberalism, to i'ts supposed demise.
@52:34 he forgot to mention the censorship and spying of social media :-)
This dissertation focuses in the internal most public face of mid-late 20th Century USA political history, practically ignoring the transnational looting and mass murdering USA has carried on to power their political history.
This author said:
“(…) a focus on neoliberalism can help us do that. Neoliberalism is a a creed that prises free trade and the free movement of capitals, goods and people. It celebrates deregulation as an economic good that results when markets are free from government interference. It hails globalisation as a win-win proposition that both enriches the West -the cockpit of neoliberalism- while also bringing an unprecedented level of prosperity to the rest of the world.”
Then he tries to link cosmopolitanism to neoliberalism and then he says neoliberalism is built on the basis of classic neoliberalism…
THIS IS ALL ABSOLUTE RUBBISH!
TRANSNATIONAL NEOLIBERALISM, LEAD BY USA, IS NOTHING BUT A NEO-COLONIAL STRATEGY FOR LOOTING THE FORMER COLONIAL COUNTRIES. NEOLIBERALISM IS A STRATEGY TO CONTINUE THE COLONIAL LOOTING BY THE “GLOBAL NORTH” AGAINST THE “GLOBAL SOUTH”. NEOLIBERALISM IS NOTHING BUT NEO-COLONIALISM.
Adam Smith clearly warned against monopolies. Neoliberalism doesn’t only prepare the legislative ground to allow monopolies, it also pursues globalising monopolies.
Etc, this seems nothing but cheap neoliberal indoctrination. Indeed the psychotic Javier Milei repeats some of these concepts like a parrot and it’s causing a national catastrophe in Argentina, with the full country trying to mobilise to oppose the Zionist neo-colonial neoliberal wacko, puppet of the neoliberal globalist power, worshiper of USA
a free marketeer is by definition someone who blindly believes in the supreme wisdom of the market and ignores its flaws, dah
33 mins in not very original yet
50 mins in must be chapter summaries and the juice is in the book. Very dull. Sounds like a recital to people living a hundred years hence who know nothing of our world
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Amazing how a history professor at an esteemed university can get it so wrong.
Explain Barry. Don't throw bricks without support. Largely, this is what happened and what is happening.
@@jasonbeary5771 There is an overestimation of ideology and an underestimation of the majority just endlessly scheming how next to take advantage of everyone else. I don't think Mr. Gerstle gets it all wrong but there is considerable apophenia in describing neoliberalism as an "order". The only rules neoliberalism seems to set are corruption and racism. You hardly need a very powerful think tank to sell everyone on the idea that you will be the wolves that guard the hen house.
In fact the zeitgeist that Mr. Gerstle describes as defining the new deal order - of not trusting markets - was only enhanced under neoliberalism. No one ever trusted markets to handle anything important - from monopoly creation to union busting to ensuring a global exchange of goods and services - neoliberals relied on government to do all the heavy lifting and federal budgets only ever increased.
The Rise and Fall of the Neo-Liberal Order? dont u mean The Rise and Fall of the WEST Order?
it feels like a crusader talking about The Rise and Fall of the lords "benevolent" Order ... lol.
The west isn't built on leftism ....I was built on Conservative Christian values.
@@evo8power228 Yep, Christian values such as secularism, free speech, rationalism, and democracy...oh wait not a single one of these is a Christian value.
@@GarlicOasisChristianity opened the door to rationalism, in a way that, say, Islam did not.
@@F--B It really didn't. Cultural and social dynamics did and (Western) Christianity was forced to adapt to them. The church was dragged kicking and screaming into this new world.
@@GarlicOasis all cultural and social dynamics were conditioned by Christianity. There was no outside.