This module is a history of the world during the last fifty years organized around the often slippery and enigmatic term ‘neoliberalism’. Traditionally ‘neoliberalism’ refers to a system of economic and political thought that prioritizes the deregulation of national economies, the private ownership of infrastructure and the extension of marketplace ideas to many domains of life including education, healthcare and even personal relationships. Usually associated with economists such as Milton Freidman and Friedrich Hayek and with the politics of figures such as Margaret Thatcher in Britain, Ronald Regan in the United States and Deng Xiaoping in China, many believe that since the 1970s and 1980s neoliberalism has been a dominant force in most nations and international institutions.
Part of this course is an introduction to the political and economic history of the last fifty years, focussing on the erosion of social democratic welfare states in Britain and elsewhere, the stalling of economic growth in many western countries and the rise of inequality since the 1960s as well events such as the oil crisis in the 1970s and the collapse of the Soviet Union in the 1980s and 1990s. The course will also look at how these events and transformations have been theorized and understood by historians, philosophers and economists and their intersection with ideas of gender and race in different parts of the world.
Occurrence | Teaching cycle |
---|---|
A | Autumn Term 2021-22 |
The module aims to:
Teaching Programme:
Students will attend eight weekly two-hour seminars in weeks 2-9
Inequality and economic growth post 1945
Neoliberal economic thought
Globalization and the national economy
The 1970s and the end of the social democratic order
The neoliberal city
New ideas of the self and society
Financialization and the 2008 crisis
The limits of neoliberalism and an uncertain future
Task | Length | % of module mark |
---|---|---|
Essay/coursework Essay 4000 Words |
N/A | 100 |
None
Students will complete a 2,000-word procedural essay for formative assessment, due in week 6 of the autumn term. They will then submit a 4,000-word assessed essay for summative assessment in week 2 of the spring term.
For further details about assessed work, students should refer to the Taught Masters Degrees Statement of Assessment.
Task | Length | % of module mark |
---|---|---|
Essay/coursework Essay 4000 Words |
N/A | 100 |
Following their formative assessment task, students will receive written feedback consisting of comments and a mark within 10 working days of submission. All students are encouraged, if they wish, to discuss the feedback on their procedural work during their tutor’s student hours. For more information, see the Statement on Feedback.
For the summative assessment task, students will receive their provisional mark and written feedback within 20 working days of the submission deadline. The tutor will then be available during student hours for follow-up guidance if required. For more information, see the Statement of Assessment.
For term time reading, please refer to the module VLE site. Before the course starts, we encourage you to look at the following items of preliminary reading:
Rogers, Daniel T., Age of Fracture, Cambridge, Mass.: Harvard University Press, 2012.
Beckett, Andy, When the Lights Went Out: Britain in the 1970s, London: Faber, 2009.
Fourcade-Gourinchas, Marion and Babb, Sarah L. “The Rebirth of the Liberal Creed: Paths to Neoliberalism in Four Countries” American Journal of Sociology, Vol. 108, No. 3 (November 2002): 533-79.