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The Quiet Coup: Neoliberalism and the Looting of America

The Quiet Coup: Neoliberalism and the Looting of America - Mehrsa Baradaran

The Quiet Coup: Neoliberalism and the Looting of America

Many Americans believe that something fundamental has gone wrong in our country. Why does full-time work no longer guarantee financial stability? Why does college cost a lifetime of debt? And why have decades of free-market promises yielded not more freedom and liberty but more debt and constraints? In The Quiet Coup, Mehrsa Baradaran, one of our premier public intellectuals, argues that our problems stem from the market-centered doctrine of neoliberalism. Far more than a mere economic theory, neoliberalism and its adherents transformed American law--yielding not fewer laws, but more-complex laws and regulations that benefit the wealthy. From neoliberalism's role as a tool of ideological warfare against racial justice movements in the 1960s to its complete institutional takeover in the 1980s to the crypto meltdowns of the 2020s, Baradaran's essential chronicle shows that the neoliberal era--and legalized mass looting--is far from over, and in fact is only accelerating.

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Many Americans believe that something fundamental has gone wrong in our country. Why does full-time work no longer guarantee financial stability? Why does college cost a lifetime of debt? And why have decades of free-market promises yielded not more freedom and liberty but more debt and constraints? In The Quiet Coup, Mehrsa Baradaran, one of our premier public intellectuals, argues that our problems stem from the market-centered doctrine of neoliberalism. Far more than a mere economic theory, neoliberalism and its adherents transformed American law--yielding not fewer laws, but more-complex laws and regulations that benefit the wealthy. From neoliberalism's role as a tool of ideological warfare against racial justice movements in the 1960s to its complete institutional takeover in the 1980s to the crypto meltdowns of the 2020s, Baradaran's essential chronicle shows that the neoliberal era--and legalized mass looting--is far from over, and in fact is only accelerating.

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