ks.234
Half way to Infinity
TBF I think @Kirk is referring to an argument that Ive read elsewhere, that neoliberalism is on the wane because it’s central drive towards small government and increased spending is undone by the increasing size of the state and increased spending.All of which is consistent with neoliberalism, which has always been about state support of corporations (the unbridled capitalism part applies to individual's, not big business).
But while increased spending is a sign of neoliberalism’s failure on it’s own terms that does not mean that neoliberalism itself is on the wane. While the continued popularity of neoliberalism in spite of it’s failure does require explanation, what is clear is that the defining features of neoliberalism is still the driving force behind government policy.
It should also be remembered that Neoliberalism is a process, it has a starting ideology and a defining set of feature, but it is always evolving and one way it has evolved is that it has increased it’s direct influence on government through, for example, Tufton St in the UK and the Kock Brothers in the US who fund political parties and movements like Brexit and The Tea Party. So while government might be spending more we still need to be asking who the main beneficiaries of that spending are.
Neoliberalism is alive and well and adapting to it’s own internal contradictions, it has not withered away