#7744
Mentioned in 2 episodes

The Triumph of Broken Promises

The End of the Cold War and the Rise of Neoliberalism
Book • 2022
In this pathbreaking study, Fritz Bartel argues that the economic shocks of the 1970s, particularly the oil crisis, made promises of better living untenable for both capitalist and communist governments.

This led to a shift from making promises to breaking them, with Western leaders like Ronald Reagan and Margaret Thatcher using neoliberalism to impose austerity and favor capital over labor.

In contrast, Eastern European governments struggled to reform and ultimately saw their legitimacy damaged.

The book provides a sweeping narrative that links the history of the Cold War and the rise of neoliberalism, highlighting the role of energy and financial markets in shaping global politics.

Mentioned by

Mentioned in 2 episodes

Mentioned by Joe Weisenthal as the author of the book, which examines the simultaneous economic crisis in the US, UK, and Soviet Union during the 1970s.
154 snips
This Is Why It's So Hard To Cut Public Spending
Georg Diez mentions the historian Fritz Bartel in his book Triumph of Broken Promises which I believe is coming out next year or this year in German, very well describes.
24 snips
#766 - Autor Georg Diez über die Fehler in den 1990er & die Probleme der Gegenwart

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