Jump to ContentJump to Main Navigation
Masters of the UniverseHayek, Friedman, and the Birth of Neoliberal Politics$
Users without a subscription are not able to see the full content.

Daniel Stedman Jones

Print publication date: 2014

Print ISBN-13: 9780691161013

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691161013.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 27 May 2022

The Legacy of Transatlantic Neoliberalism

The Legacy of Transatlantic Neoliberalism

Faith-Based Policy

(p.329) Conclusion The Legacy of Transatlantic Neoliberalism
Masters of the Universe

Daniel Stedman Jones

Princeton University Press

This concluding chapter reviews how neoliberalism transformed British, American, and global politics. At the dawn of the twenty-first century, the triumph of the free market was almost universally accepted by mainstream politicians, public officials, and civil servants. More importantly, the distinctive neoliberal brand of free market individualism had prevailed over alternative forms of managed market-based capitalism. Transatlantic neoliberal politics successfully transformed the commonsense assumptions of policymakers in Great Britain and the United States when confronted with social and economic problems, especially in the years after Margaret Thatcher left office. Value for money is effectively delivered through the discipline of the market to satisfy consumer wants. An equilibrium is achieved through the price mechanism, guiding the activities of disparate sellers and producers.

Keywords:   neoliberalism, global politics, market-based capitalism, United States, Great Britain, Margaret Thatcher, money, price mechanism

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.