RIP, neoliberalism. Its ghosts live on

Neoliberalism is over. Around the world, the populist left and right are rejecting it. As a political term, it’s a dead man walking, even as its market-based policies still shape major economies. This isn’t a eulogy for free enterprise, which Americans strongly support. It’s a eulogy for a word that has lost its meaning and stands in the way of a real debate about markets and the role of government. In the Wall Street Journal , James Lloyd Dusenbury recently argued that our political vocabulary, including communism and capitalism, is obsolete. Neoliberalism belongs on the list, too.

Source: Fortune Crypto