CHAPTER 3

Neoliberalism and the Need for Transformation

Here we consider the role of today’s dominant economic narrative—neoliberalism in fomenting the crises discussed in Chapter 2.

How Neoliberalism Came to Dominate the World

Today’s economic paradigm links with the era of the Enlightenment. The Enlightenment in many ways seems to have severed humans’ embeddedness with the notion of a higher power (or even universal consciousness), society, and nature. The philosophy of Descartes (with the notion that “I think, therefore I am”) also severed connections within people with the distinction separating mind and body. In the late 20th century, the proponents of neoliberalism, possibly without intending to do so, also severed the market from enhancement ...

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