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View Diary: What is Neoliberalism? (158 comments)

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  •  Hobsbawm called it Free Market Fundamentalism (4+ / 0-)

    tying fundamentalist theology to economic thought, in the sense that the free market fundies have a world view that is based on belief in a limited set of ideas/writers (Friedman, Hayek, et al.) and reject everything else, regardless of facts or reason.

    To be free and just depends on us. Victor Hugo.

    by dizzydean on Fri Aug 02, 2013 at 10:12:07 AM PDT

    [ Parent ]

    •  I like that. Free Market Fundamentalism (1+ / 0-)
      Recommended by:

      After all, I would say most political liberals here in the U.S. believe that an economy that is primarily based on free markets is a good thing... We recognize there are obvious failings, though, and believe in certain interventions to decrease poverty and environmental harm.

      The neo-liberal and free market fundamentalist does not believe in those interventions, and that the free market can resolve those issues itself, or that the issues are not really problematic at all.

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