Neoliberalism is only one phase of capitalism, not the first or worst.
Evidence
And, while a great deal of attention has been paid to the scourge of neoliberalism, one worries that this term tends to appear (like globalization, and perhaps financialization) as a short-hand for whatever seems worst at the moment. Little importance tends to be placed on a more elaborate consideration of the machinations of the global capitalist economy, of which neoliberalism is an important phase, but by no means the first or the worst. — Max Haiven, Cultures of Financialization, 337
Categorization
- DEFINE: Distinguishes financialization-as-buzzword from the elaborated concept the rest of the book builds.
- QUESTION: Worth chasing: what earlier capitalist phases does Haiven rank as worse than neoliberalism?
- XREF: connects to: Austerity is structural to capitalism, not a 1970s neoliberal aberration. — Clara E. Mattei, Escape from Capitalism: An Intervention, 162
Broader Connections
- Austerity is structural to capitalism, not a 1970s neoliberal aberration.
#expands(0.85) — Clara E. Mattei, Escape from Capitalism, 162