Neoliberalism’s prologue: Keynesianism, myths of class compromises and the restoration of class power

Many anthropologists interpret neoliberalism as a radical break from and dangerous rupture in post-war societies that featured Keynesian economic policies welfare provision. The allure of mythic state has boosted John Maynard Keynes’s popularity to many who embrace certain facets socialism. critical social scientists have embraced Keynesianism ways overlook how the US used reengineer redeploy power. liberal synthesis inspired managers Treasury Department understand depression-era problems unemployment poverty were consonant with expansion corporate For understanding Keynesianism, it actually existed during Cold War, we must analyse State Departments principles rebuild reproductive capacities necessary for capitalist accumulation both domestically Western Europe. I focus on architects capitalism full employment policies, labour laws provision renovate nexus political practices institutional structures formed benevolent caring image ‘the state’ myth class compromise. Through these reforms, governmental planners administrators ‘state idea’ reorganize capital if economy would represent ordinary people’s best interests. In process, sophisticated power became reified ‘welfare ‘Keynesian compromise’ endow institutions character divorced embodied dialectic repression reform combined criminalizing dissent Taking aspects into account, can see inspire robust far-reaching criticism contemporary predicament uncertainty, instability environmental degradation.