The Legitimation Crisis of Neoliberalism

The State, Will-Formation, and Resistance

Authors: Bonanno, Alessandro

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  • Builds on classical liberal theories of the state such as those of John Locke, Adam Smith, Jeremy Bentham, and John Stewart Mill Illustrates salient socioeconomic conditions that allowed the implementation of neoliberalism and reviews basic aspects of early theories of such
  • Explores the future of neoliberalism
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  • ISBN 978-1-137-59246-0
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About this book

This book proposes a theory of the legitimation crisis of neoliberalism. Through analyses of the legitimation crisis of regulated capitalism and the characteristics and theories of neoliberalism, the author contends that neoliberalism is affected by crises of system and social integration. The crisis of system integration refers to the inability of market mechanisms to address problems of capital accumulation and social stability. The crisis of social integration refers to the unmet promises of economic growth and social well-being. While attempts to address these crises are carried out through state intervention, crisis resolutions are inadequate due to the limits of the free market system and current state forms. Alessandro Bonanno contends that, as ideological and material forms of legitimation are inadequate, and processes of capital accumulation are sluggish and resistance weak, change is necessary. He outlines how this change will be controlled by corporate actors, minimally address the demands of subordinate groups, and marginally alter existing conditions.

About the authors

Alessandro Bonanno is Texas State University System Regents’ Professor and Distinguished Professor of Sociology at Sam Houston State University, Texas, USA.

Table of contents (9 chapters)

Table of contents (9 chapters)
  • The State in Classical Laissez-Faire, Its Crisis, and the Establishment of Fordism

    Pages 3-37

    Bonanno, Alessandro

  • The Legitimation Crisis of Fordism: Ideological and Cultural Contradictions

    Pages 39-64

    Bonanno, Alessandro

  • Legitimation and Resistance: The Structural Contradictions of Regulated Capitalism

    Pages 65-90

    Bonanno, Alessandro

  • Neoliberalism: Its Roots, Development, and Legitimation

    Pages 93-119

    Bonanno, Alessandro

  • The Ideas of the Chicago School and the Structural Contradictions of Neoliberalism

    Pages 121-146

    Bonanno, Alessandro

Buy this book

eBook $84.99
price for USA
  • ISBN 978-1-137-59246-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $109.99
price for USA

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Bibliographic Information

Bibliographic Information
Book Title
The Legitimation Crisis of Neoliberalism
Book Subtitle
The State, Will-Formation, and Resistance
Authors
Copyright
2017
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-59246-0
DOI
10.1057/978-1-137-59246-0
Hardcover ISBN
978-1-137-59245-3
Edition Number
1
Number of Pages
XXV, 254
Topics