Crises recurring across eras implies neoliberalism may not cause them

Evidence

The economist’s refrain of “this time is never different” (Rogoff and Reinhart, This Time Is Different) is taken to an extreme by Kean Birch, “Have We Ever Been Neoliberal?”: “If financial crises have happened before—and they have, repeatedly [see Roubini and Mihm, Crisis Economics]—then this would suggest that neoliberalism has and does not necessarily play a consequential role in the current crisis.” — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1787

Categorization

  • SEED: The ‘have we ever been neoliberal?’ move is a rhetorical trope that could anchor an essay on how definitional fuzziness lets apologists dissolve critique.
  • XREF: connects to: European fiscal crises were consequences of private banking crises, not their cause — Mark Blyth, Austerity: The History of a Dangerous…, 205; Crises have not discredited neoliberal governance — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 749; Neoliberalism has a coherent crisis logic despite lacking fixed doctrine — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 146 (+14 more)

Broader Connections