Neoliberalism and Right-Wing Populism – A love story
Neoliberalism and right-wing populism are central themes in contemporary political literature, with neoliberalism advocating for liberal capitalist institutions alongside limited democracy and a modest welfare state, while populism generally portrays society as a conflict between ‘the pure people’ and ‘the corrupt elite’. Some scholars view populism as a total rejection of neoliberalism’s policy failures, while others argue that populism still incorporates neoliberal free-market principles. This paper argues that neoliberalism and populism operate symbiotically, perpetuating themselves by manufacturing crises and marginalising alternative narratives. Drawing on Gramsci’s notion of hegemony, I argue that both ideologies construct and transform social reality through linguistic devices. I illustrate my argument with examples from the UK, focusing on immigration discourse. I contend that right-wing populism supports neoliberalism’s agnotological project by fostering doubt and controversy, while neoliberalism’s crises generate the emotional responses that populism exploits for support.
History
Refereed
- Yes
Publication title
Journal of Economic Issues (JEI)ISSN
0021-3624Publisher
Taylor and Francis GroupFile version
- Accepted version
Item sub-type
ArticleAffiliated with
- School of Economics, Finance and Law Outputs