Cover image for Anti-liberalism 2000: the rise of new millennium collectivism
Title:
Anti-liberalism 2000: the rise of new millennium collectivism
Author:
Henderson, David.
ISBN:
9780255364973
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Publication Information:
London : The Institute of Economic Affairs, 2001.
Physical Description:
xvi, 56 p.
Series:
Occasional Paper; 115.
Series Title:
Occasional Paper; 115.
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Book BILKUTUP0265815 HB95 .H46 2001 Central Campus Library
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Summary

Summary

In the last twenty-five years, many countries have embarked on programmes of economic liberalisation. But, David Henderson argues, it is a mistake to believe that economic liberalism has triumphed: anti-liberal forces are strong and in some respects have gained ground. Henderson analyses these forces, new and old. In addition to the continuing hold of 'pre-economic ideas', new elements include anti-market NGOs, a wider circle of perceived 'victims of injustice', the spread of labour market regulation, and an 'alarmist consencus' about globalisation and environmental degradation. The combination of old and new ideas results in 'new millennium collectivism', which provides the main impetus behind the anti-liberalism of today. Geoffrey Harcourt, in a commentary, agrees with some of Henderson's views, but disagrees particularly on the need for minimum standards in labour markets. He contends also that Henderson is too hard on NGOs and too impressed with the long-term competitive equilibrium model. David Henderson responds to the comments and sets out further issues that need to be explored.