Invisible Doctrine

The Secret History of Neoliberalism

English language

Published 2024 by Penguin Books, Limited.

ISBN:
978-0-241-70311-3
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4 stars (2 reviews)

3 editions

Review of The Invisible Doctrine by G. Monbiot and P. Hutchinson

5 stars

The neoliberal doctrine was first defined and developed during and immediately after WW2 by Ludwig Von Mises and Friedrich Hayek. The core article of faith is that

... greed and selfishness light the path to social improvement, generating the wealth that will eventually enrich us all.

It follows that the state is the enemy, by collecting taxes, regulating the activity of for-profit corporations, and redistributing wealth through equitably provided public services.

From the beginning this was much more than a theory. It was an ambitious political program, since the state can only be cut down by taking over government, which in a democracy means winning elections. Therefore the doctrine had to be installed in the minds of the general population. Its core tenets have to come to be seen as natural laws that cannot be questioned just like gravity or the need for air cannot be questioned.

As the word …

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Subjects

  • Economics