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The shock of the neoliberal

How did neoliberalism triumph?

By James McAuley  

(photo: Robert Huffstutter)

The Great Persuasion: Reinventing Free Markets Since the Depression by Angus Burgin (Harvard University Press, £22.95)

Masters of the Universe: Hayek, Friedman, and the Birth of Neoliberal Politics by Daniel Stedman Jones (Princeton University Press, £24.95)

By now, the phrase “too big to fail” is a household term for arrogant financial institutions. But it also describes the neoliberal economic paradigm that has fuelled that arrogance…

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