Ban Publishes in INET on Trump and Neoliberalism
Cornel Ban, Assistant Professor of International Relations and Co-Director of the Global Economic Governance Initiative, published a recent article discussing whether the election of Donald Trump to the presidency of the United States will bring an end to neoliberalism or new iteration of the concept.
The article coincides with the release of Ban’s new book, Ruling Ideas: How Global Neoliberalism Goes Local, which challenges conventional explanations of the global diffusion of neoliberalism and emphasizes the agency of local translators.
Ban’s article, entitled “Will Trump Bring Neoliberalism’s Apocalypse, or Merely a New Iteration?,” was published by the Institute for New Economic Thinking on November 30, 2016.
From the text of the article:
November 9 is not a dull day in economic history. On November 9, 1494 a banking family (the Medici of lore) became the rulers of Florence, sponsoring the economic innovations that gave the world modern international trade and finance. On the same date in 1989, the East German government opened the Berlin Wall, in a bow to the popular repudiation of Soviet socialism — a moment that, in retrospect, would also be read as the apex of the neoliberal counterrevolution in economics that began with the collapse of the Bretton Woods system in the early 1970s.
The most recent November 9 of historical significance came just weeks ago, when the doors of the White House swung open to Donald Trump. This is a moment that augurs unprecedented uncertainty for the future shape of the neoliberal market order, because Trump will be the first President of the United States in more than half a century whose Reaganite tax cuts and pro-deregulation views are accompanied by promises of return to protectionism. Will this be yet another iteration of nationalist neoliberalism, or the beginning of the end for this globally dominant approach to governance?
You can read the entire article here.
Before joining the Pardee School in 2012, Ban was a postdoctoral fellow at the Watson Institute for International Studies at Brown University and served as deputy director of Development Studies, an undergraduate specialization at the same academic institution. You can read more about him here.