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The Triumph of Broken Promises The End of the Cold War and the Rise of Neoliberalism

Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politician...

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Bibliographic Details
Main Author: Bartel, Fritz
Format: eBook
Language:English
Published: Cambridge, Massachusetts ; London Harvard University Press 2022, ©2022
Subjects:
Neoliberalism
Cold War
Recessions > history > 20th Century
Financial Crises > history > 20th Century
Capitalism > history > 20th Century
Communist Countries > economic Conditions > 20th Century
Online Access:
Collection: DeGruyter MPG Collection - Collection details see MPG.ReNa
Description
Summary:Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politicians could win votes by pushing market discipline.
Physical Description:429 pages
ISBN:978-0-674-27580-5

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