2018
DOI: 10.1080/07360932.2018.1451765
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Neoliberalism and Right-wing Populism: Conceptual Analogies

Abstract: The paper compares neoliberal market-fundamentalism and right-wing populism on the basis of its core patterns of thinking and reasoning. Hence we offer an analysis of the work of important founders of market-fundamental economic thinking (particularly von Mises) and an established definition of populism (demonstrated by the example of arguments brought forward by leading populists, like Trump). In doing so, we highlight conceptual resemblances of these two approaches: Both assume a dually divided world that is… Show more

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Cited by 12 publications
(6 citation statements)
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“…The Trump administration, one of the richest and most elitist governments in the history of the USA with respect to the socioeconomic pedigree of the president and his state secretaries, appears to play this game. However, although there might be conceptual analogies between right-wing populism and neoliberal market fundamentalism (as the basis of meritocratic economic and social policies; see Pühringer and Ötsch 2018), this kind of anti-elitism on the part of the elite resembles a "riding the tiger" strategy-a strategy that Karl Polanyi in The Great Transformation saw as responsible for the rise of fascism (Polanyi 1944, 242). Let's hope that history will not repeat itself.…”
Section: Resultsmentioning
confidence: 99%
“…The Trump administration, one of the richest and most elitist governments in the history of the USA with respect to the socioeconomic pedigree of the president and his state secretaries, appears to play this game. However, although there might be conceptual analogies between right-wing populism and neoliberal market fundamentalism (as the basis of meritocratic economic and social policies; see Pühringer and Ötsch 2018), this kind of anti-elitism on the part of the elite resembles a "riding the tiger" strategy-a strategy that Karl Polanyi in The Great Transformation saw as responsible for the rise of fascism (Polanyi 1944, 242). Let's hope that history will not repeat itself.…”
Section: Resultsmentioning
confidence: 99%
“…Antiestablishment populism may in some cases adopt extreme orthodox economic precepts (Havertz, 2019). Conceptual similarities between right-wing populism and market fundamentalism can be identified through a strict categorical division of the world into two countervailing parts, the first based on identity-related factors and the second on the socioeconomic ordering (Pühringer and Ötsch, 2018: 193). The illiberal commonalities of these dichotomizations underlie different contemporary authoritarian neoliberal political currents (200).…”
Section: The Politics Of Authoritarian Neoliberalismmentioning
confidence: 99%
“…However, such measures have faced sustained attacks for more than four decades by a Republican Party determined to undo them (Gritter 2018;Dickinson 2019). While the GOP is not alone in its ardent embrace of neoliberalism (the Democratic Party occasionally suffers from this phenomenon too), it does promote neoliberalism as an ideology and set of political practices far more openly than any other party in the Western world (Pühringer and Ötsch 2018), particularly under President Donald Trump (Lachmann 2019). The social safety net has been steadily degraded by design (Abramovitz et al 2020).…”
Section: Varieties Of Capitalism and American Neoliberalismmentioning
confidence: 99%