Neoliberal doctrine intensified rather than weakened after the 2008 crisis discredited it

Evidence

Mirowski makes an analogy with proponents of neoliberal economic doctrine, who β€” far from abandoning this doctrine after its discrediting in the crisis β€” held to it even more doggedly. This is what Miliband faced on Thursday. Blank stares of mesmerised true believers seven years after the saucers didn’t arrive. β€” Mark Fisher (edited by Darren Ambrose), K-Punk, 1811

Categorization

  • XREF: Casts the persistence of audience-mesmerising ideology as a Festinger-style cognitive-dissonance phenomenon, echoing the β€˜no alternative’ capitulation theme. β€” connects to: The 2008 crisis was expected to falsify neoliberal doctrine but did not β€” Philip Mirowski, Never Let a Serious Crisis Go to Waste, 80; The 2008 crisis reinforced rather than refuted neoliberal and orthodox economic doctrine β€” Philip Mirowski, Never Let a Serious Crisis Go to Waste, 100; Neoliberalism has a coherent crisis logic despite lacking fixed doctrine β€” Philip Mirowski, Never Let a Serious Crisis Go to Waste, 146 (+7 more)

Broader Connections