Neoliberalism

Snehal Shingavi

David Harvey lays out the two primary ways that neoliberalism has been understood: “We can, therefore, interpret neoliberalism either as a utopian project to realize a theoretical design for the reorganization of international capitalism or as a political project to re-establish the conditions for capital accumulation and to restore power of economic elites … The evidence suggests, moreover, that when neoliberal principles clash with the need to restore or sustain elite power, then the principles are either abandoned or become so twisted as to be unrecognizable."