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Concept.png Neoliberalism 
Tax rates drop 1979-2002.jpg
Interest of• Mont Pelerin Society
• Pacific Research Institute
• Softpanorama
An economic doctrine of "ensur[ing] that the fruits of growth [go] to the few not to the many."

Neoliberalism is associated with policies of economic liberalization including privatization, deregulation, globalization, free trade, austerity, and generally reductions in government spending in order to increase the role of the private sector in the economy and society.[1]


Chicago school?


It is a political ideology which Larry Elliot of The Guardian suggested might be better termed "unpopulism... i.e. tilting the balance of power in the workplace in favour of management and treating people like wage slaves. Unpopulism was rigged to ensure that the fruits of growth went to the few not to the many."[2]

The ideology is not as far removed from neoconservative ideology as the names might suggest, although neoliberalism tends to focus less on the MICC.


Deregulation has generally the effect that companies reorganise for the maximisation of profit with little, or without consideration for the public good.


The 2008 Financial Crisis was caused in part by a deregulation of the so-called "derivative market".


The Boeing 737 MAX crashes of 2018/19 were caused by deregulation since the FAA had handed too much authority over to Boeing to certify the safety of their own planes.[3][4][5] In 2020 the House Committee on Transportation and Infrastructure with the Subcommittee on Aviation found that Boeing put it's profits over peoples safety and confirmed what has been already publicly discussed.[6]


Related Quotations

9-11/Official narrative“It turns out, 45 years later, that those who truly hate us for our freedoms are not the array of dehumanised enemies cooked up by the war machine — the Vietnamese, Cambodians, Afghans, Iraqis, Iranians, even the Taliban, Al-Qaeda or ISIS. They are the financiers, bankers, politicians, public intellectuals and pundits, lawyers, journalists and business people, cultivated in the elite universities and business schools who sold us the Utopian dream of neoliberalism. We are entering the twilight phase of capitalism. Capitalists unable to generate profits by expanding markets have, as Karl Marx predicted, begun to cannibalise the state like ravenous parasites.”Chris Hedges2017
NGO“It’s almost as though the greater the devastation caused by neoliberalism, the greater the outbreak of NGOs. Nothing illustrates this more poignantly than the phenomenon of the US preparing to invade a country and simultaneously readying NGOs to go in and clean up the devastation.”Arundhati Roy16 August 2004


Related Documents

TitleTypePublication dateAuthor(s)Description
Document:Brexit reveals Corbyn to be the true moderateblog post12 September 2019Jonathan CookIt is time to stop acting like zealots for neoliberalism, squabbling over which brand of turbo-charged capitalism we prefer, and face up to our collective responsibility to change our and our children’s future.
Document:Privatization for Dummies – The Nuts & Bolts of The World's Biggest Scamarticle21 March 2019Ronald Thomas West


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