What Comes After Neoliberalism? Market Humanism, Complexity Economics, and the Case for a Civil Economy

Founder Enlightened Enterprise Academy "The collapse of neoliberalism left a kind of paradigm vacuum."-Eric Beinhocker, Oxford Martin School lecture Abstract The collapse of the neoliberal consensus has created what Eric Beinhocker describes as a "paradigm vacuum" in contemporary economic thought. A recent Oxford Martin School lecture by Beinhocker and Nick Hanauer proposes Market Humanism as a framework that reorients markets toward human flourishing. This article engages with that argument and suggests that a deeper institutional architecture is required to replace the neoliberal paradigm.

By Paul Barnett