The Rise and Fall of Neoliberal Rentier Capitalism: The Political Economy of the 20th and 21st Centuries (Critical Frontiers of Theory, Research, and Policy in International Development Studies)

The Rise and Fall of Neoliberal Rentier Capitalism is an account of the political economy of capitalism in the 20th and 21st centuries.Capitalism is an unjust form of economic organisation; it is a culture of exacerbated individualism justified by the glorification of individual competition.Today, after 40 years of neoliberalism, capitalism faces again a legitimation crisis.The book discusses capitalism after two revolutions - the Organisational Revolution and the Democratic Revolution.It views capitalism since the New Deal in the US and the post-war as a progressive and developmental era and the Neoliberal Turn as the change from social democracy to radical and regressive global neoliberalism, which was a regressive time for almost forty years.In the Neoliberal Years, rentiers replaced entrepreneurs in the command of the economy and called on the financiers to manage their wealth and serve as organic intellectuals, and both mounted an attack to the state, which is the main capitalist