If the ruling economic paradigm remains traceable to Mont Pèlerin, how to distinguish the present from the moment that brought Thatcher and Reagan to power? A periodization of neoliberalism, from anti-socialist insurgency, through centre-left stewardship, to the inchoate ideologies of the post-crash era.
Economics of Insomnia
William Davies on Jonathan Crary, 24/7. Is slumber itself threatened by the advance of market forces?
As the bill for mental health problems—iconically, depression—climbs, economists seek to quantify the efficiency costs of unhappiness. In such quests, capitalism is reverting to classical psychologies of well-being, the better to neutralize the meaning of the new forms of illness—and its authorship of them.