Neoliberalism

Neoliberalism – the doctrine that market exchange is an ethic in itself, capable of acting as a guide for all human action – has become dominant in both thought and practice throughout much of the world since 1970 or so.Its spread has depended upon a reconstitution of state powers such that privatization, finance, and market processes are emphasized. David Harvey, author of ‘The New Imperialism’ and ‘The Condition of Postmodernity’, here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage