Restructuring Hegemony in the Global Political Economy
The Rise of Transnational Neo-Liberalism in the 1980s
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Since the late 1970s, the spread of Neo-liberalism and the failure of socialist economies and systems in Eastern Europe have resulted in a practically unchallenged hegemony of international capital across the globe. Neo-liberalism is now the dominant ideology, legitimizing the privatisation of state-controlled economies and the substitution of the
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