Economía política del neoliberalismo

Ideas, intereses y reversibilidad

Abstract

This article argues that neoliberalism is not a technocratic project grounded in the disinterested application of economic orthodoxy, but a political project where the interests and ambitions of rent-seeking coalitions overcome the dictates of economic rationality. Through an analysis of the historic development of the banking sector in Mexico, the article reveals the intimate relationships between economic “liberalization”, the strengthening of state intervention, corruption and rent-seeking.