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MARKET FUNDAMENTALISM AND RENEW OF NATIONALISM

Abstract

The article is devoted to a socio-philosophical review of the ideology of market fundamentalism, considered through the lens of sacralization of ideas and texts of classical economic theory, first of all, the concepts of "free market" and "invisible hand of the market." The key provisions of market fundamentalism, its embodiment in the doctrine of "New Public Administration," as well as the most significant organization of market fundamentalists - the American Tea Party are considered. Market fundamentalism is compared with religious fundamentalism and is viewed in the context of globalization, the spread of the consumerist value system, and post-industrial, post-sectorial society. The article provides modern research on the problem of market fundamentalism and its comprehensive criticism.

About the Author

Aleksey V. Volobuev
MADI, Financial University
Russian Federation
associate professor


References

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ISSN 2409-7217 (Online)