Who used the term neoliberalism?

An early use of the term in English was in 1898 by the French economist Charles Gide to describe the economic beliefs of the Italian economist Maffeo Pantaleoni, with the term néo-libéralisme previously existing in French, and the term was later used by others including the classical liberal economist Milton Friedman …

Who are associated with the Mont Pelerin Society?

Eight MPS members, Friedrich Hayek, Milton Friedman, George Stigler, Maurice Allais, James M. Buchanan, Ronald Coase, Gary Becker and Vernon Smith have won the Nobel Memorial Prize in Economic Sciences.

What is neoliberal Governmentality?

In the case of neoliberal governmentality (a kind of governmentality based on the predominance of market mechanisms and of the restriction of the action of the state) the knowledge produced allows the construction of auto-regulated or auto-correcting selves.

What is the social market economy in Germany?

The social market economy lays the basis for economic and social security and a good quality of life in Germany and in Europe. It has been and still is a guarantor of growth and prosperity for all. German economic policy is underpinned by the principles of the social market economy.

Who founded the Mont Pelerin Society?

Friedrich Hayek
Milton Friedman
Mont Pelerin Society/Founders

What is biopolitics Foucault?

According to Foucault, biopolitics refers to the processes by which human life, at the level of the population, emerged as a distinct political problem in Western societies.

What is Biopower and Governmentality?

In the context of neoliberal governmentality, biopower operates through mechanisms—specific sets of techniques and procedures for exercising power (Foucault, 2003: 32)—that administer life based on ‘natural and economic “laws” that provide human beings with security and subsistence’ but at the same time leave them free …