Neoliberal development theory saw poverty as institutional failure in cultivating entrepreneurial

Evidence

Bauer depicted generalised poverty as a result of the absence of an institutional structure capable of promoting the subjective qualities the competitive market required. His remedies were not as brutal as those used by the Chicago Boys in Chile, but the aim was the same: to eradicate non-market sources of social reproduction in order to enforce submission to the market and cultivate entrepreneurial subjects. — Jessica Whyte, The Morals of the Market, 408

Categorization

• XREF: Echoes the theoretical literature on how neoliberalism repositions poverty from an economic structure to a subjective/cultural deficit. — connects to: Development economics RCTs blame individuals while ignoring poverty’s structural causes — Clara E. Mattei, Escape from Capitalism, 289; Neoliberal entrepreneurship theory holds that institutions, not individuals, create entrepreneurial supply — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 307; Neoliberal scholars redefined their target as the entrepreneurial function, not individual entrepreneurs — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 289