The theoretical itinerary that founds and sustains the hegemony of neoliberalism

 

Saved in:
Bibliographic Details
Author: Vargas Solís, Luis Paulino
Format: artículo original
Status:Versión publicada
Publication Date:2025
Description:The aim of this article is to trace the theoretical itinerary that, between the 1950s and the 1970s, made it possible to recompose neoclassical economic theory, giving rise to a counteroffensive that managed to displace the orthodoxy of Keynesianism from the neoclassical synthesis, dominant during the thirty years after the Second World War, to establish a new orthodoxy: that of a revived neoclassicism. The process matured gradually, over approximately twenty years, giving rise to a sophisticated theoretical apparatus, and endowed with extensive mathematical formalization. This paper seeks to synthesize this process and knot the different threads that shape a theoretical structure that emerged dominant in the 1980s, and continues in that position to the present day, although without ceasing to undergo some rearrangements of some significance. To understand the ideological and political hegemony of neoliberalism, it is essential to understand this theoretical framework: from there emerge essential elements of its political and ideological project, and therein lies its most powerful justification.
Country:Portal de Revistas UNED
Institution:Universidad Estatal a Distancia
Repositorio:Portal de Revistas UNED
Language:Español
OAI Identifier:oai:revistas.investiga.uned.ac.cr:article/5673
Online Access:https://revistas.uned.ac.cr/index.php/rupturas/article/view/5673
Keyword:economic theory
neoclassical economics
Keynesianism
new classical macroeconomics
new macroeconomic consensus
neo-Keynesianism
neoliberalism
teoría económica
economía neoclásica
keynesianismo
nueva macroeconomía clásica
nuevo consenso macroeconómico
neokeynesianismo
neoliberalismo