The pathway out of neoliberalism and the analysis of political ideology in the post-crisis world

Publication Type:
Journal Article
Journal of Political Ideologies, 2015, 20 (2), pp. 109 - 133
Issue Date:
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©2015 Taylor & Francis Neoliberalism has not simply ‘survived’; it has failed to die, seemingly outlived the socio-economic conditions that gave rise to its existence. In this way, the non-death of neoliberalism raises some important questions about the nature of ideology, principally: its relationship to socio-economic determinants, how it exercises its grip over subjects and how this grip, or hold, can itself be exorcised. Seeking insights into these questions, this paper tells the story of the scholarly response to the non-death of neoliberalism over a ten-year period of crisis: a pre-crisis era beginning with the Asian financial crisis (1997– 2007) and a post-crisis era beginning with the global financial crisis to the present day (2008–2015). The paper considers key scholarly responses to the persistence of neoliberalism at three fundamental levels: (a) the trajectory of their analytical technique, or the key concepts that underpin their wider project; (b) their critique of neoliberalism, or how these concepts render the construction of core neoliberal ideals; and (c) their ideological response to neoliberalism, or their recommendations regarding the pathway out of neoliberalism. On this basis, the paper engages in a discussion of the most plausible explanation for the non-death of neoliberalism and the most likely avenue along which the post-crisis world might build an escape.
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