Looking for Reasonableness within Twenty-First-Century Neoliberalism: Toward Avoiding the Spread of Fascist Values

The goal of this study is to propose potential reasonableness for capitalism in its early twenty-first-century form. By this version of capitalism, we refer to a neoliberal system that incorporates fascist characteristics. Implementing regulatory measures could signify a shift toward a more reasonable manifestation of capitalism under such circumstances. This article identifies free-market and individualistic values as enabling myths that fail to promote prosperity. Consequently, it advocates for an increased ceremonialism within institutions as a means to sustain neoliberalism. This ceremonialism is intrinsically tied to fascist values disseminated through fake news and conspiracy theories propagated via social media platforms. Regulating social media emerges as a feasible approach to fostering reasonableness in the twenty-first century by mitigating the spread of fascist values through these platforms. Nevertheless, regulating social media alone does not eradicate fascist values from contemporary neoliberalism, as these values are perpetuated through a variety of other channels.

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Publication Details

Journal
Journal of Economic Issues
Published
2025-04-03
DOI
https://doi.org/10.1080/00213624.2025.2493536
Primary Topic
Economic Theory and Institutions
Type
article
Field-Weighted Citation Impact
0.00
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article

Looking for Reasonableness within Twenty-First-Century Neoliberalism: Toward Avoiding the Spread of Fascist Values

Beliza Borba de Almeida, Felipe Almeida
Journal of Economic Issues
Economic Theory and Institutions
article

Looking for Reasonableness within Twenty-First-Century Neoliberalism: Toward Avoiding the Spread of Fascist Values

Beliza Borba de Almeida, Felipe Almeida
article en

Abstract

The goal of this study is to propose potential reasonableness for capitalism in its early twenty-first-century form. By this version of capitalism, we refer to a neoliberal system that incorporates fascist characteristics. Implementing regulatory measures could signify a shift toward a more reasonable manifestation of capitalism under such circumstances. This article identifies free-market and individualistic values as enabling myths that fail to promote prosperity. Consequently, it advocates for an increased ceremonialism within institutions as a means to sustain neoliberalism. This ceremonialism is intrinsically tied to fascist values disseminated through fake news and conspiracy theories propagated via social media platforms. Regulating social media emerges as a feasible approach to fostering reasonableness in the twenty-first century by mitigating the spread of fascist values through these platforms. Nevertheless, regulating social media alone does not eradicate fascist values from contemporary neoliberalism, as these values are perpetuated through a variety of other channels.

Journal of Economic IssuesVol. 59(2)
Reduced inequalities
Openalex Percentile: Top 83%
Economic Theory and Institutions
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Looking for Reasonableness within Twenty-First-Century Neoliberalism: Toward Avoiding the Spread of Fascist Values — Beliza Borba de Almeida, Felipe Almeida · Journal of Economic Issues (2025) | TGRS Research Map | TGRS