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15min chapter
The Neoliberal Counterrevolution w/ Melinda Cooper
Red Medicine
The Neoliberal Counterrevolution of the 1970s
This chapter examines the political and economic shifts of the 1970s, focusing on the emergence of the neoliberal counterrevolution in response to left-wing movements and perceived crises among elites. It highlights the ideological battle against Keynesian economics and the rise of supply-side economics, detailing the impacts on public finance and social dynamics. The discussion critically analyzes how these changes shaped fiscal policies, tax systems, and societal attitudes towards poverty and resource allocation.
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Discover
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