The Deep Roots of American Neoliberalism

This book examines the historical and cultural roots of neoliberalism in America, revealing how foundational values have shaped its growth and influence.

In The Deep Roots of American Neoliberalism, philosopher Bruce N. Waller explores the historical foundations that have allowed neoliberalism to flourish in the United States. He traces the origins of this economic ideology back to the core values espoused by the Founding Fathers, highlighting their strong commitment to private property rights and a skepticism towards widespread democracy. This examination reveals how these principles have shaped the American landscape, creating fertile ground for neoliberalism to take root and grow.

Waller delves into the moral and psychological conditions that have made neoliberalism appealing to many. He discusses the compatibility of the belief in the 'invisible hand' of the market with the pervasive notion that the world is fundamentally just, a belief that continues to resonate in American society. By analyzing the ideal of moral responsibility, Waller illustrates how these beliefs reinforce the foundations of American neoliberalism, creating a framework that supports individualism and personal accountability.

The book concludes with a critical assessment of the detrimental impacts of neoliberalism on society. Waller argues that addressing the vast inequalities it has created is essential for fostering a more equitable future. He emphasizes the need for citizens to reclaim their autonomy and engage in critical thought, suggesting that a shift away from neoliberal values is necessary for a more just society. Through this insightful analysis, The Deep Roots of American Neoliberalism provides a comprehensive understanding of the interplay between American history, culture, and economic ideology.