There is a lot of confusion around the word neoliberalism, and about who is a neoliberal. And understandably so. So let’s break it down. Neoliberalism is an extreme form of capitalism that started to become dominant in the 1980s, under Ronald Reagan and Margaret Thatcher, but since the 1990s has been the reigning ideology of the world’s elites, regardless of partisan affiliation. Still, its strictest and most dogmatic adherents remain where the movement started: on the US Right. Neoliberalism is shorthand for an economic project that vilifies the public sphere and anything that’s not either
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