4min chapter

Economics & Beyond with Rob Johnson cover image

Naomi Oreskes and Erik Conway: The Big Myth of Market Fundamentalism

Economics & Beyond with Rob Johnson

CHAPTER

The History of Market Fundamentalism

The big myth is an attempt to understand the history of market fundamentalism. The idea has been powerful among climate change deniers and Americans broadly. It was brought into mainstream American politics by Ronald Reagan, he says. He argues that markets were not actually serving the American people in the way we needed.

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