The decline of neoliberalism: A play in three acts

Rugitsky, Fernando

Abstract

This paper aims to examine the political and economic consequences of the pandemic caused by the new coronavirus, setting it in the context of a Gramscian interregnum. First, the dismantling of the triangular articulation of the world market that characterized the decade before 2008 is examined. Second, the global protest wave and the electoral shifts observed since 2010 are interpreted as evidence of a crisis of neoliberal hegemony. Together, the economic and hegemonic crises represent the interregnum. Last, it is argued that the fight against the pandemic may lead to the overcoming of neoliberalism.

• Journal Article Type: Article
• Acceptance Date: Jul 7, 2020
• Publication Date: Oct 16, 2020
• Deposit Date: Mar 3, 2022
• Publicly Available Date: Mar 4, 2022
• Journal: Brazilian Journal of Political Economy
• Print ISSN: 0101-3157
• Electronic ISSN: 1809-4538
• Peer Reviewed: Not Peer Reviewed
• Volume: 40
• Issue: 4
• Pages: 587-603
• DOI: https://doi.org/10.1590/0101-31572020-3202
• Keywords: Economic crisis; neoliberal hegemony; interregnum; pandemic
• Public URL: https://uwe-repository.worktribe.com/output/9096169