Theorizing varieties of capitalism: economics and the fallacy that “there is no alternative (tina)”

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SUMMARY

    TINA Neoliberalism is a political economic philosophy that consists of two claims, one political and the other economic. The economic claim is that a free-market laissez-faire economy is the best way of delivering economic prosperity since it ensures economically efficient outcomes. The doctrine tacitly claims to provide an economic model for economies of all stripes, be they developed, emerging market, or developing economies. The figure shows that analysis has principally developed within the political science sub-discipline of comparative political economy (CPE) and economics. The mixed economy Column four transitions from political . . .

     

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