Neoliberalism remains a flashpoint for political contestation around the world. For decades now, neoliberalism has been in the process of becoming a globally ascendant default logic that prioritizes using economic rationality for all major decisions, in all sectors of society, at the collective level of state policymaking as well as the personal level of individual choice-making. Donald Trump's recent presidential victory has been interpreted both as a repudiation and as a validation of neoliberalism’s hegemony. Rethinking Neoliberalism brings together theorists, social scientists, and public policy scholars to address neoliberalism as a governing ethic for our times. The chapters interrogate various dimensions of debates about neoliberalism while offering engaging empirical examples of neoliberalism’s effects on social and urban policy in the USA, Europe, Russia, and elsewhere. Themes discussed include: Relationship between neoliberalism, the state, and civil society Neoliberalism and social policy to discipline citizens Urban policy and how neoliberalism reshapes urban governance What it will take politically to get beyond neoliberalism. Written in a clear and accessible style, Rethinking Neoliberalism is a sophisticated synthesis of theory and practice, making it a compelling read for students of Political Science, Public Policy, Sociology, Geography, Urban Planning, Social Work and related fields, at both the advanced undergraduate and graduate levels.

This volume lays out the underlying logic of contemporary poverty governance in the United States. The authors argue that poverty governance has been transformed in the United States by two significant developments.

As Frances Fox Piven and Richard Cloward argued in the early seventies, in a capitalist economy, social welfare policies alternatingly serve political and economic ends as circumstances dictate. In moments of political stability, governments emphasize a capitalistic work ethic (even if it means working a job that will leave one impoverished); when times are less politically stable, states liberalize welfare policies to recreate the conditions for political acquiescence. Sanford Schram argues in this new book that each shift produces its own path dependency even as it represents yet another iteration of what he (somewhat ironically) calls "ordinary capitalism," where the changes in market logic inevitably produce changes in the structure of the state. In today's ordinary capitalism, neoliberalism is the prevailing political-economic logic that has contributed significantly to unprecedented levels of inequality in an already unequal society. As the new normal, neoliberalism has marketization of the state as a core feature, heightening the role of economic actors, especially financiers, in shaping public policy. The results include increased economic precarity among the general population, giving rise to dramatic political responses on both the Left and the Right (Occupy Wall Street and the Tea Party in particular). Schram examines neoliberalism's constraints on politics as well as social and economic policy and gives special attention to the role protest politics plays in keeping alive the possibilities for ordinary people to exercise political agency. The Return of Ordinary Capitalism concludes with political strategies for working through--rather than around--neoliberalism via a radical, rather than status-quo-reinforcing, incrementalism.