Exploring neoliberal resilience: the transnational politics of austerity in Czechia

Neoliberalism has been allegedly challenged in East Central Europe. The neoliberal rollback by both nationalist forces and their economic nationalism in Hungary and Poland is commonly used to confirm this regional generalisation. In this generalisation, economic nationalism promotes anti-neoliberal state strategies because it challenges the economic globalism which was formerly privileged by the neoliberal globalist forces in these strategies. This paper challenges such a generalisation. Focusing on Czechia, it counterargues against this rollback thesis by stating that neoliberalism has overcome the global economic crisis and the political crisis of its austerity management. The transnational class approach is then offered as an alternative to the rollback scholarship: contrary to the rollback thesis, Czechia illustrates how economic nationalism can also promote neoliberalism. Moreover, Czech neoliberalism remains resilient because a pragmatic coalition of two neoliberal-nationalist and globalist-forces retains an enduring influence on the country's economic strategies. These findings cultivate the regional generalisation but contribute subsequently to the broader debate on the worldwide rollback of neoliberal globalisation due to the political rise of economic nationalism.