The BBC Radio 4 program Thinking Allowed features the erudite and delightful Laurie Taylor (photo at right) discussing current ideas with experts to explore the latest research into how society works.
November 18th's episode (2013) examines John Maynard Keyne's profoundly unfulfilled prediction of a 15-hour work week and the topic of economic neo-liberalism. It's a very good episode.
The introductory text from the Radio 4 website:
The triumph of Neoliberal economics in the post Recession world. Laurie Taylor talks to US Professor of Economics, Philip Mirowski, about his analysis of why neoliberalism survived, and even prospered, in the aftermath of the financial meltdown of 2008. Although it was widely asserted that the economic convictions behind the disaster would be consigned to history, Mirowski says that the opposite is the case. He claims that once neoliberalism became a Theory of Everything, providing a revolutionary account of self, knowledge, markets, and government, it was impossible to falsify by data from the 'real' economy. Neoliberalism, he suggests, wasn't dislodged by the recession because we have internalised its messages. Have we all, in a sense, become neoliberals, inhabiting "entrepreneurial" selves which compel us to position ourselves in the market and rebrand ourselves daily? Also, why do work almost as hard as we did 40 years ago, despite being on average twice as rich? Robert Skidelsky, Emeritus Professor of Political Economy, suggests an escape from the work and consumption treadmill.
Listen to the episode here: www.bbc.co.uk