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Who is Neoliberal? Durkheimian Individualism and Support for Market Mechanisms / Augustin Landier, David Thesmar.

Format:
Book
Author/Creator:
Landier, Augustin.
Contributor:
National Bureau of Economic Research.
Thesmar, David.
Series:
Working Paper Series (National Bureau of Economic Research) no. w29942.
NBER working paper series no. w29942
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2022.
Summary:
This paper investigates the drivers of support for market mechanisms (competition and optimizing behavior by agents). We elicit such attitudes using concrete and simplified situations where respondents face a tradeoff between an economically efficient situation and a pro-social objective. We find that support for deviation from efficient solutions achieved through market mechanism is strongly correlated with moral values as defined by Haidt (2013): care, fairness, loyalty and authority. While the traditional left-right divide spans some of this variation, an even bigger role is played by what we label "individualism", the average support for all 4 values, a moral stance orthogonal to the left-right divide. We ground this measure of individualism in the sociology of Emile Durkheim.
Notes:
Print version record
April 2022.

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