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The Legitimation Crisis of Neoliberalism

The State, Will-Formation, and Resistance

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  • © 2017

Overview

Authors:
  1. Alessandro Bonanno

    1. Sociology, Sam Houston State University, Huntsville, USA

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  • Builds on classical liberal theories of the state such as those of John Locke, Adam Smith, Jeremy Bentham, and John Stewart Mill
  • Illustrates salient socioeconomic conditions that allowed the implementation of neoliberalism and reviews basic aspects of early theories of such
  • Explores the future of neoliberalism
  • Includes supplementary material: sn.pub/extras

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xxv
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  4. Back Matter

    Pages 249-254
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Keywords

About this book

This book proposes a theory of the legitimation crisis of neoliberalism. Through analyses of the legitimation crisis of regulated capitalism and the characteristics and theories of neoliberalism, the author contends that neoliberalism is affected by crises of system and social integration. The crisis of system integration refers to the inability of market mechanisms to address problems of capital accumulation and social stability. The crisis of social integration refers to the unmet promises of economic growth and social well-being. While attempts to address these crises are carried out through state intervention, crisis resolutions are inadequate due to the limits of the free market system and current state forms. Alessandro Bonanno contends that, as ideological and material forms of legitimation are inadequate, and processes of capital accumulation are sluggish and resistance weak, change is necessary. He outlines how this change will be controlled by corporate actors, minimally address the demands of subordinate groups, and marginally alter existing conditions.

Authors and Affiliations

  • Sociology, Sam Houston State University, Huntsville, USA

    Alessandro Bonanno

About the author

Alessandro Bonanno is Texas State University System Regents’ Professor and Distinguished Professor of Sociology at Sam Houston State University, Texas, USA.

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