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Ideology, Neoliberalism, and Free Market Competition

Identification

Public canonical key
radar:r-e6d3462d4bc12d0399da1cf1f239f5a7
Authors
Thomas Klikauer
Reported year
2025
Reported language
en
Source type
book-chapter
First detected
2026-11-14T02:38:41.080704+00:00
Last metadata observation
2026-11-14T02:38:41.080704+00:00
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Documentary abstract — original language

This chapter shows that the ideology of managerialism is needed more than ever to stabilise companies and capitalism as a whole. As capitalism moves towards monopoly capitalism, the ideology of free market competition becomes more important because it ideologically legitimises large corporations. Many of them have long become monopolies or oligopolies. In this, the twin brothers of managerialism and neoliberalism operate with the following simplistic but highly efficient formula: free market = competition = best value for money = optimum efficiency for the individual. In the ideological legitimacy provided by the ideology of managerialism, individuals are often framed in a social-Darwinist way engaged in a competitive fight for all against all . Based on all this, the chapter highlights four basic ideologies that legitimise competition in a system that is less and less competitive: everything is for sale; there is a free entry to the marketplace for companies; market transactions are the raison d’être of the system; competition demands perfect knowledge; and the absence of an interventionist state. The chapter ends by outlining the fallacies of the so-called Pareto efficiency that, ever since its invention, remains a vital legitimising ideology.

Identifiers

OPENALEX
https://openalex.org/W4410444364
DOI
10.4324/9781003502678-5

Documentary context

Documentary family
Book chapter
Source-reported types
book-chapter
Publishers
Routledge

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Book bibliographic description

Publisher
Routledge
Reported publication date
2025-05-16

Access status unknown

Sources

OpenAlex · Record 1

Cite this reference

Thomas Klikauer. Ideology, Neoliberalism, and Free Market Competition. 2025. Routledge. https://doi.org/10.4324/9781003502678-5

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APA
Thomas Klikauer. (2025). Ideology, Neoliberalism, and Free Market Competition. Routledge. https://doi.org/10.4324/9781003502678-5
Chicago
Thomas Klikauer. Ideology, Neoliberalism, and Free Market Competition. Routledge. 2025. https://doi.org/10.4324/9781003502678-5
ISO 690
Thomas Klikauer. Ideology, Neoliberalism, and Free Market Competition. 2025. Routledge. https://doi.org/10.4324/9781003502678-5

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Bibliographic / original publication source · https://doi.org/10.4324/9781003502678-5

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