Advertisement

Neoliberalism and Conservatism

  • Takeshi Nakano

Abstract

In spite of its emptiness, neoliberalism is an ideology with some curious characteristics, which deserve to be scrutinised. One of them is that neoliberalism has been associated with conservatism, though neoliberal policies such as deregulation and free trade threaten traditions and conventional communities which conservatives respect. However, conservatives in the nineteenth century were opposed to classical liberalism, an ancestor of neoliberalism. They proposed the paternalistic role of the government and the elites. I argue that the ability of the elites, whose paternalistic role, conservatives have for long expected, has degenerated and they came to accept neoliberalism as a principle of governance. As a result, conservatism has married neoliberalism since the 1980s, however, the failure of global capitalism justified by neoliberalism is now obvious. We should be reminded of the original and true meaning of conservatism.

Keywords

Nineteenth Century Free Market Great Depression Great Recession Liberal Democratic Party 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Bonald, L. D. (2006). The true & only wealth of nations: Essays on family, economy, and society (Christopher Olaf Blum, Ed.). Naples: Sapientia Press.Google Scholar
  2. Crouch, C. (2011). The strange non-death of neoliberalism. Cambridge: Polity.Google Scholar
  3. Crozier, M. J., Huntington, S. P., & Watanuki, J. (1975). The crisis of democracy: Report on the governability of democracies to the trilateral commission. New York: New York University Press.Google Scholar
  4. Ferguson, N. (2012). The great degeneration: How institutions decay and economies die. New York: Penguin.Google Scholar
  5. Gilmour, I. (1977). Inside right: A study of conservatism (p. 118). London: Hutchinson.Google Scholar
  6. Gray, J., & Willetts, D. (1994). Is conservatism dead? London: Profile Books.Google Scholar
  7. Hayek, F. A. (1960). The constitution of liberty (pp. 397–411). Chicago: The University of Chicago Press.Google Scholar
  8. Kennedy, W. F. (1958). Humanist versus economist: The economic thought of Samuel Taylor Coleridge. Berkeley: University of California Press.Google Scholar
  9. Kristol, I. (1973). Capitalism, socialism and nihilism. The Public Interest, 31(Spring), 3–16.Google Scholar
  10. List, F. ([1840]1999). National system of political economy (Vol. II, p. 26). Book II: The theory. Roseville: Dry Bones Press.Google Scholar
  11. Quigin, J. (2010). Zombie economics: How dead ideas still walk among us. Princeton: Princeton University Press.Google Scholar
  12. Wheeler, B. (2012). Ed Milliband tells labour conference: We’re the one-nation party. BBC News, 2 October.Google Scholar

Copyright information

© Springer Japan 2015

Authors and Affiliations

  1. 1.Kyoto UniversityKyotoJapan

Personalised recommendations