1st Edition
The Myth of the Global Market A Marxist Critique of Neoliberalism
By Giulio Palermo
Copyright 2025
204 Pages
by
Routledge
204 Pages
by
Routledge
204 Pages
by
Routledge
Also available as eBook on:
Capitalism is often held to be the best of all possible worlds, or even the only possible world, in which the market is underpinned by the highest principles of rationality, efficiency, and compatibility with democracy. These truths are backed up by economists, a group who present themselves as impartial experts capable of operating independently of ideology or political intrusion.
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INTRODUCTION
1. THE ‘RATIONALITY’ OF THE MARKET
2. MARKET AND DEMOCRACY
3. THE MARKET AND ITS MYTHS
4. THEORETICAL AND REAL MARKETS
5. POST-WALRASIAN ECONOMICS
6. MARKET VALUES
7. WHAT IS TO BE DONE?
8. CONCLUSIONS
GLOSSARY
Index
Biography
Giulio Palermo is a researcher in Political Economy at the University of Brescia (Italy). He was formerly an official at the Italian Ministry of Economy and Finance. His publications deal with Marxism, critique of neoliberalism, relations between economics and ideology, ontology, methodology, and power relations.






