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Published By Aarhus University Library

1904-8602, 0108-8084

Author(s):  
Jacob Jensen

This article revisits the origins of neoliberalism, arguing that it arose in the socialist calculation debates in the 1920s and 1930s. In these debates, Ludwig von Mises and Friedrich von Hayek contested socialist conceptions of the public interest, claiming that the market’s price mechanism was far better able to represent the many diffe-rent preferences that a modern mass society consists of. The market, they stressed, was far more efficient at coordinating the economy than state planners who would never be able to calculate or aggregate the necessary data on people’s preferences, which was required to direct markets. This contestation of the common good, the article argues, has been a mainstay throughout neoliberalism’s intellectual history, serving as the revolving point of post-war analyses of government failure.


Author(s):  
Philip Mirowski

Den politiske bevægelse, der ikke turde ytre sit eget navn


Author(s):  
Luise Li Langergaard

The article explores the central role of the entrepreneur in neoliberalism. It demonstrates how a displacement and a broadening of the concept of the entrepreneur occur in the neoliberal interpretation of the entrepreneur compared to Schumpeter’s economic innovation theory. From being a specific economic figure with a particular delimited function the entrepreneur is reinterpreted as, on the one hand, a particular type of subject, the entrepreneur of the self, and on the other, an ism, entrepreneurialism, which permeates individuals, society, and institutions. Entrepreneurialism is discussed as a movement of the economic into previously non-economic domains, such as the welfare state and society. Social entrepreneurship is an example of this in relation to solutions to social welfare problems. This can, on the one hand, be understood as an extension of the neoliberal understanding of the entrepreneur, but it also, in certain interpretations, resists the neoliberal understanding of economy and society.


Author(s):  
Bjarke Skærlund Risager
Keyword(s):  

For 11 år siden udgav David Harvey bogen A Brief History of Neoliberalism, der nu er en af de mest citerede bøger om emnet. Årene efter udgivelsen har budt på nye økonomiske og finansielle kriser, men også nye bølger af modstand. Dette interview giver Harveys teori om neoliberalisme et eftersyn og undersøger, hvorvidt de mellemliggende år bør give anledning til en ændret forståelse af begrebet og fænomenet, og hvordan vi kan tænke og praktisere modstanden mod en stadig mere glubende kapitalisme.


Author(s):  
Rasmus Skov Andersen

By exploring the ways in which inequality has been represented in neoliberal ideology and how neoliberal views of inequality have changed, this article illuminates some essential discrepancies and contradictory beliefs in the neoliberal thought collective. The paper argues that the views of inequality underwent fundamental changes from the early neoliberals of the interwar period to the later neoliberals of the post-War era. These changes are in part understood by different conceptions of liberty, the relation between the state and the market, and beliefs about the public interest. The early neoliberals problematized the relation between inequality andpower, which they saw as a potential threat to the credibility of the fundamental freedom rights upholding the democratic society. This changed with the late neoli-berals, for whom inequality became a value in itself, connected to liberal notions of competition, diversity, and progress. Inequality was now to be celebrated, repre-sented, and measured as a sign of the free society and the well-functioning market.


Author(s):  
Hagen Schulz-forberg

This article maps the early conceptual and institutional history of neoliberalism, arguing that the social question was of vital importance to the ideology’s early de-velopment in the 1930s. This has been overlooked in recent intellectual histories of neoliberalism, which focus primarily on the post-war period. Those who have ventured into the prehistory of neoliberalism have primarily focused on the neoliberal acceptance of stronger state intervention in the economy, but without contextualizing this shift against the background of the social question. In addition, the article explores another overlooked dimension of early neoliberalism, namely the transnational institutional efforts that were indispensable to the foundation of the neoliberal network.


Author(s):  
Jesper Jespersen

This paper demonstrates that mainstream General Equilibrium Models (GEM) are dominated by neoliberal ideology. These mathematical models are pre-designed to always converging full-employment equilibrium and private-sector equilibrium. The behavioural equations are derived from the assumption of individual utility and profit maximization and the rational expectation (full foresight) hypothesis. Accordingly, policy recommendations consistent with GEM are neoliberal as they advocate (1) avoiding demand management; (2) balancing the public sector’s (structural) budget; and (3) leaving monetary policy to an independent central bank with responsibility for price stability; while (4) distributional and environmental consequences for production are considered irrelevant. This is illustrated by examples from the Danish macroeconomic environment where GEM (ADAM and DREAM) employed by the Treasury and the Council of Economic Advisors are dominant when it comes to medium and long-term policy recommendations. Finally, the article challenges this logic and objective foundation of mainstream macroeconomics.


Author(s):  
Niklas Olsen

This article traces the rise of neoliberalism in Denmark to the so-called crisis of the welfare state in the early 1970s, where a new liberal offensive was launched withinthe ranks of Venstre – The Liberal Party of Denmark. The article shows how new liberal ideas were launched by a generation of politicians who all connected the crisis of the welfare state to a growing public sector, which they regarded as inefficient and undemocratic. In the attempt to counter the crisis in question, they did not aim to abolish the welfare state but to reduce its size and change its content. The aim was first of all to create competition in the public sector. In this process, the liberal politicians launched new ideas concerning decentralization, free choice in the public sector, and economic growth, which formed the pillars of the new liberalism that was developed within Venstre in the 1970s.


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