Skip to content

"Neoliberalism", sometimes called "market fundamentalism", i.e. the policy of non-intervention by the state in the economy, has been the dominant ideology of the bourgeoisie for close to three decades, involving widespread privatisation and all the other policies that go with it. The present economic meltdown, however, is forcing governments to intervene, regulate, and even nationalise firms because they have no choice. So is "neoliberalism" dead?