‘Shock therapy’ as a neo-liberal response to an economic crisis

Territory, Politics, Governance

Volumn 4, Issue 1, 2016, Pages 118-136

  Kokushkin, Maksim ^a   Pettys, Alicia M ^a  

^a KALAMAZOO COLLEGE   (United States)

Author keywords

Democracy; Metapower; Neo liberalism; Politcal economy; Shock therapy

Indexed keywords

EID: 84971449673     PISSN: 21622671     EISSN: 2162268X     Source Type: Journal    
DOI: 10.1080/21622671.2015.1036914     Document Type: Article

References (82)

1. AGNEW J. A. and CORBRIDGE S. (1995) Mastering Space: Hegemony, Territory and International Political Economy. Routledge, London, NY.
2. ALHAJAL K. (2013a) Gov. Rick Snyder makes clear emergency manager could still be coming to Detroit despite recent action, MLive 10 January (available at: http://www.mlive.com/news/detroit/index.ssf/2013/01/gov_rick_snyder_makes_clear_em.html) (accessed on 16 April 2013).
3. ALHAJAL K. (2013b) Turnaround specialist Kevin Orr named Detroit emergency manager, MLive 14 March (available at: http://www.mlive.com/news/detroit/index.ssf/2013/03/detroit_ emergency_manger_decis.html) (accessed on 16 April 2013).
4. ALTHEIDE D. L. and SCHNEIDER C. J. (2013) Qualitative Media Analysis, 2nd ed. Sage Publications, Los Angeles, CA.
5. AMABLE B. (2003) The Diversity of Modern Capitalism. Oxford University Press, Oxford.
6. BALCEROWICZ L. (1995) Socialism, Capitalism, Transformation. Central European University Press, Budapest.
7. BANDELJ N., SHORETTE K. and SOWERS E. (2011) Work and neoliberal globalization: a Polanyian synthesis, Sociology Compass 5(9), 807–823. doi:10.1111/j.1751-9020.2011.00408.x
8. BARKS HOFFMAN K. (2011) As senate debates, opponents rally against emergency financial manager bills, Crain’s Detroit Business 8 March (available at: http://www.crainsdetroit.com/ article/20110308/FREE/110309920) (accessed on 4 March 2012).
9. BENSON J. K. and MARTINDILL M. (1998) Toward a dialectical approach to policy analysis: linking historical institutionalism to the meso-domain. Paper presented at the American Sociological Association, San Francisco, CA.
10. BLYTH M. (2013a) Austerity as ideology: a reply to my critics, Comparative European Politics 11(6), 737–751.doi:10.1057/cep.2013.25
11. BLYTH M. (2013b) Austerity the History of a Dangerous Idea. Oxford University Press, Oxford.
12. BOCKMAN J. (2013) Neoliberalism, Contexts 12(3), 14–15. doi:10.1177/1536504213499873
13. BRENNER N. and ELDEN S. (2009) Henri Lefebvre on state, space, territory, International Political Sociology 3(4), 353–377.doi:10.1111/j.1749-5687.2009.00081.x
14. BRENNER N., PECK J. and THEODORE N. (2010a) After neoliberalization? Globalizations 7(3), 327–345. doi:10.1080/14747731003669669
15. BRENNER N., PECK J. and THEODORE N. (2010b) Variegated neoliberalization: geographies, modalities, pathways, Global Networks 10(2), 182–222. doi:10.1111/j.1471-0374.2009.00277.x
16. BURNS T. R. (2012) Societal systems of power and meta-power: capitalism, state, and democratic arrangements, in BURNS T. R. and HALL P. M. (Eds) The Meta-power Paradigm: Impacts and Transformations of Agents, Institutions, and Social Systems: Capitalism, State, and Democracy in a Global Context, pp. 291–378. Peter Lang, Frankfurt am Main.
17. BURNS T. R. and HALL P. M. (2012) The Meta-power Paradigm: Impacts and Transformations of Agents, Institutions, and Social Systems: Capitalism, State, and Democracy in a Global Context. Peter Lang, Frankfurt am Main.
18. CALLON M. and LATOUR B. (1981) Unscrewing the big leviathan: how actors macro-structure reality and how sociologists help them to do so, in KNORR-CETINA K. and CICOUREL A. V. (Eds) Advances in Social Theory and Methodology: Toward an Integration of Micro- and Macro-Sociologies, pp. 277–303. Routledge & Kegan Paul, Boston.
19. CHOREV N. (2005) The institutional project of neo-liberal globalism: the case of the WTO, Theory and Society 34(3), 317–355. doi:10.1007/s11186-005-6301-9
20. CLARKE J. and NEWMAN J. (1997) The Managerial State: Power, Politics and Ideology in the Remaking of Social Welfare. Sage Publications, London.
21. COLLIER S. J. (2012) Neoliberalism as big Leviathan, or…A response to Wacquant and Hilgers, Social Anthropology 20(2), 186–195. doi:10.1111/j.1469-8676.2012.00195.x
22. CONNELL R. and DADOS N. (2014) Where in the world does neoliberalism come from? Theory and Society 43(2), 117–138. doi:10.1007/s11186-014-9212-9
23. EDSALL T. B. (2012) The Age of Austerity: How Scarcity Will Remake American Politics, 1st Edn. Doubleday, New York.
24. ELDEN S. (2010) Land, terrain, territory, Progress in Human Geography 34(6), 799–817. doi:10.1177/0309132510362603
25. FRIEDMAN M. (2002) Capitalism and Freedom (40th anniversary Edn.). University of Chicago Press, Chicago.
26. GILL S. (1995) Globalisation, market civilisation, and disciplinary neoliberalism, Millennium – Journal of International Studies 24(3), 399–423. doi:10.1177/03058298950240030801
27. GITLIN T. (1980) The Whole World is Watching: Mass Media in the Making & Unmaking of the New Left. University of California Press, Berkeley.
28. GLENDHILL J. (2004) Neoliberalism, in NUGENT D. and VINCENT J. (Eds) A Companion to the Anthropology of Politics, pp. 332–348. Blackwell Pub, Malden, MA.
29. HABERMAS J. R. (2012) The Crisis of the European Union: A Response. Polity, Cambridge.
30. HALL S. (2011) The neo-liberal revolution, Cultural Studies 25(6), 705–728. doi:10.1080/09502386.2011.619886
31. HALL P. A. (1993) Policy paradigms, social learning, and the state: The case of economic policymaking in Britain. Comparative Politics 25(3), 275–296.
32. HALL P. M. and MCGINTY P. J. W. (1997) Policy as the transformation of intentions, The Sociological Quarterly 38(3), 439–467.doi:10.1111/j.1533-8525.1997.tb00487.x
33. HALL P. M. and MCGINTY P. J.W. (2012) Social organization across space and time: the policy process, mesodomain analysis, and breadth of perspective, in BURNS T. R. andHALL P. M. (Eds) TheMetapower Paradigm: Impacts andTransformations of Agents, Institutions, and Social Systems: Capitalism, State, and Democracy in a Global Context, pp. 421–438. Peter Lang, Frankfurt am Main.
34. HALL P. A. and SOSKICE D. W. (2001) An introduction to varieties of capitalism, in HALL P. A. and SOSKICE D. W. (Eds) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage, pp. 1–68. Oxford University Press, Oxford.
35. HALL P. A. and THELEN K. (2009) Institutional change in varieties of capitalism, Socio-Economic Review 7(1), 7–34. doi:10.1093/ser/mwn020
36. HAQUE S. (2008) Global rise of neoliberal state and its impact on citizenship: experiences in developing nations, Asian Journal of Social Science 36(1), 11–34. doi:10.1163/156853108X267558
37. HARVEY D. (2005) A Brief History of Neoliberalism. Oxford University Press, Oxford.
38. HILGERS M. (2012) The historicity of the neoliberal state, Social Anthropology 20(1), 80–94. doi:10.1111/j.1469-8676.2011.00192.x
39. HOHMAN J. M. (2012) Public act 101 and Public Act 72 (available at: http://www.mackinac.org/17862) (accessed on 26 September 2013).
40. INGRAM D. (2010) Habermas: Introduction and Analysis. Cornell University Press, Ithaca, NY.
41. JABKO N. (2013) The political appeal of austerity, Comparative European Politics 11(6), 705–712. doi:10.1057/cep.2013.21
42. JONAS A. E. G. (2010) ‘Alternative’ this, ‘alternative’ that…: Interrogating alterity and diversity, in Interrogatingalterity: Alternative Economic and Political Spaces, pp. 3–30. Ashgate, Farnham.
43. KADRICH B. (2011) Plymouth-Canton privatizes bus drivers, Observer & Eccentric 20 July (available at: http://www.hometownlife.com/article/20110720/NEWS15/110719028/Plymouth- Canton-privatizes-bus-drivers-video-?odyssey=mod|mostview) (accessed on 20 July 2011).
44. KLEIN N. (2007) The Shock Doctrine: The Rise of Disaster Capitalism, 1st Edn. Metropolitan Books/ Henry Holt, New York.
45. KOKUSHKIN M. (2011) Transitional societies in Eastern Europe: moving beyond the Washington Consensus paradigm in transitology, Sociology Compass 5(12), 1044–1057. doi:10.1111/j.1751-9020.2011.00423.x
46. KOLODKO G. W. (2000) From Shock to Therapy: The Political Economy of Postsocialist Transformation. Oxford University Press, Oxford.
47. KUHN T. (1996) The Structure of Scientific Revolutions (3rd ed). University of Chicago Press, Chicago.
48. LANE D. S. (2007) Post-state socialism: a diversity of capitalism? in LANE D. S. and MYANT M. R. (Eds) Varieties of Capitalism in Post-communist Countries, pp. 13–39. Palgrave Macmillan, Basingstoke.
49. LUKE P. (2011a) Funding slashed for Michigan schools, but state offers districts carrot if employees pay more for health care, Bridge Magazine 17 February (available at: http://www.mlive.com/politics/index.ssf/2011/02/funding_slashed_for_michigan_s.html) (accessed on 15 June 2011).
50. LUKE P. (2011b) Michigan house approves gov. rick snyder’s tax overhaul, Bridge Magazine 28 April (available at: http://www.mlive.com/politics/index.ssf/2011/04/michigan_house_ approves_gov_ri.html) (accessed on 1 July 2011).
51. LUKE P. (2011c) Michigan house-passed budget makes cuts to prisons, welfare and mental health, Bridge Magazine 4 May (available at: http://www.mlive.com/politics/index.ssf/2011/05/ michigan_house-passed_budget_m.html) (accessed on 28 June 2011).
52. LUKE P. (2011d) Michigan public pay exceeded private pay since 2000, Gov. Rick Snyder’s fiscal guide says, Bridge Magazine 31 January (available at: http://www.mlive.com/politics/index.ssf/201/01/michigan_public_pay_exceeded_p.html) (accessed on 13 June 2011).
53. LUKE P. (2011e) Michigan state employees’ t-shirts ask Gov. Rick Snyder: ’Don’t drop another bomb on us’, Bridge Magazine 17 February (http://www.mlive.com/politics/index.ssf/ 2011/02/michigan_state_employees_t-shi.html) (accessed on 15 June 2011).
54. MARANGOS J. (2007) Was shock therapy consistent with the Washington Consensus? Comparative Economic Studies 49(1), 32–58. doi:10.1057/palgrave.ces.8100176
55. MARANGOS J. (2009) What happened to the Washington Consensus? The evolution of international development policy, The Journal of Socio-Economics 38(1), 197–208.
56. MCMILLIN Z. (2011) Grand Rapids veterans home workers, residents protest privatization plan, Grand Rapids News 6 July (available at: http://www.mlive.com/news/grand-rapids/index.ssf/2011/07/grand_rapids_veterans_home_wor.html) (accessed on 19 July 2011).
57. Michigan Radio Newsroom. (2011) 7 things to know about Michigan’s emergency manager law, Michigan Radio (available at: http://michiganradio.org/post/7-things-know-aboutmichigans- emergency-manager-law) (accessed on 4 March 2012).
58. MORGAN D. (2010) Tea party a double-edged sword for Republicans, 2012 (available at: http://www.reuters.com/article/2010/11/03/us-usa-elections-teaparty-idUSTRE6A20CC2010 1103) (accessed on 17 September 2012).
59. MUDGE S. L. (2008) What is neo-liberalism? Socio-Economic Review 6(4), 703–731. doi:10.1093/ser/mwn016
60. MURPHY S. (2011) State revenue sharing cuts reshape city governments in Michigan, MLive 16 October (available at: http://www.mlive.com/news/index.ssf/2011/10/state_revenue_ sharing_cuts_res.html).
61. NCSL. (2009) Update on state budget gaps: FY 2009 & FY 2010 F. A. Program, Trans., Ed. W. T. Pound. National Conference of State Legislatures, Washington, DC.
62. NCSL. (2010a) NCSL Fiscal Brief: State Balanced Budget Provisions. National Conference of State Legislatures, Washington, DC.
63. NCSL. (2010b) Republicans make historic gains available at: http://www.ncsl.org/legislatureselections/ elections/statevote-2010.aspx (accessed on 18 September 2012).
64. NEAVLING S. and HELMS M. (2011) Mayor Bing expected to unveil plan to privatize Detroit bus, lighting systems, Detroit Free Press 16 November (available at: http://www.freep.com/ article/20111116/NEWS01/111160429/Mayor-Dave-Bing-expected-to-roll-out-plan-toprivatize- bus-lighting-systems-in-Detroit%3Fodyssey=tab%257Cmostpopular%257Ctext% 257CFRONTPAGE) (accessed on 5 March 2012).
65. NICHOLS D. A. (2012) Detroit crisis may force sale of crucial assets, Detroit Free Press 13 February (available at: http://www.afscmeinfocenter.org/privatizationupdate/2012/02/detroit-crisismay-force-sale-of-crucial-assets.htm) (accessed on 5 March 2012).
66. OOSTING J. (2011) State treasury finds ‘probable financial stress’ in Detroit, recommends formal review, MLive 21 December (available at: http://www.mlive.com/news/detroit/index.ssf/2011/12/state_treasury_finds_probable.html) (accessed on 2 March 2012).
67. OOSTING J. (2012a) Emergency manager law opponents rally in Detroit, prepare to bring 218,297 signatures to Lansing, MLive 29 February (available at: http://www.mlive.com/news/index.ssf/2012/02/opponents_of_emergency_manager.html) (accessed on 2 March 2012).
68. OOSTING J. (2012b) Snyder signs replacement emergency manager law: we ‘heard, recognized and respected’ will of voters, MLive 27 December (available at: http://www.mlive.com/politics/index.ssf/2012/12/snyder_signs_replacement_emerg.html) (accessed on 23 January 2013).
69. PECK J. (2013) Explaining (with) neoliberalism, Territory, Politics, Governance 1(2), 132–157. doi:10.1080/21622671.2013.785365
70. PECK J. and TICKELL A. (2002) Neoliberalizing space, Antipode 34(3), 380–404.doi:10.1111/1467-8330.00247
71. PECK J., THEODORE N. and BRENNER N. (2012) Neoliberalism resurgent? Market rule after the great recession, South Atlantic Quarterly 111(2), 265–288. doi:10.1215/00382876-1548212
72. PIERSON P. (2002) Coping with permanent austerity: welfare state restructuring in affluent democracies, Revue française de sociologie 43(2), 369–406.
73. Reuters. (2010a) Elections 2010 (available at: http://www.reuters.com/politics/elections-2010) (accessed on 18 September 2012).
74. Reuters. (2010b) Elections 2010 – governor races (available at: http://www.reuters.com/subjects/elections-2010-governors) (accessed on 18 September 2012).
75. SASSEN S. (2013) When territory deborders territoriality, Territory, Politics, Governance 1(1), 21–45. doi:10.1080/21622671.2013.769895
76. SPRINGER S. (2012) Neoliberalism as discourse: between Foucauldian political economy and Marxian poststructuralism, Critical Discourse Studies 9(2), 133–147. doi:10.1080/17405904.2012.656375
77. State of Michigan. (2013) Emergency manager legislation will give state early warning of impending trouble, help local governments (available at: http://www.michigan.gov/snyder/0,1607,7-277–57577-252799–,00.html) (accessed 26 September 2013).
78. STREECK W. (2014) The politics of public debt: neoliberalism, capitalist development and the restructuring of the state, German Economic Review 15(1), 143–165.
79. THORNE B. (2011) Flint school district reaches tentative agreement with non-instructional workers, Flint News 29 June (available at: http://www.mlive.com/news/flint/index.ssf/2011/06/flint_school_district_reaches.html) (accessed on 20 July 2011).
80. TRETJAK K. and ABRELL E. (2011) Fracturing neoliberalism: ethnographic interventions, New Proposals: Journal of Marxism and Interdisciplinary Inquiry 4(2), 29–32.
81. WACQUANT L. (2012) Three steps to a historical anthropology of actually existing neoliberalism, Social Anthropology 20(1), 66–79. doi:10.1111/j.1469-8676.2011.00189.x
82. WATTRICK J. (2011) Mayor Dave Bing stands with council, labor leaders against emergency manager: ‘We are Detroit. Detroit needs to be run by detroiters’, MLive 1 December (available at: http://www.mlive.com/news/detroit/index.ssf/2011/12/mayor_dave_bing_stands_ with_co.html) (accessed on 2 March 2012).