Neoliberalism extends market logic to regulate all human behavior.

Evidence

Neoliberalism describes an economic philosophy that privileges the unfettered functioning of the free market. Neoliberal policies advocate corporate deregulation, privatization, competition, entrepreneurialism, and open markets to achieve both financial success and individual self-actualization. According to neoliberal ideologies, the logic of the market can be used both to understand human behavior and to regulate it. Stemming from the economic philosophies of Chicago school economists like Milton Friedman and Friedrich Hayek, neoliberal economics came to prominence in the 1980s under politicians like Ronald Reagan, Margaret Thatcher, and later, Bill Clinton, all of whom advocated globalization and minimal government regulation. — Alice E. Marwick, Status Update, 32

Categorization

• DEFINE: Provides the field-standard definition of neoliberalism with its Chicago school and Reagan/Thatcher lineage.
• XREF: connects to: Neoliberalism is a governing rationality that frames all life in market terms — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 357; Neoliberalism governs people by getting them to self-regulate toward economic ideals. — Alice E. Marwick, Status Update: Celebrity, Publicity,…, 38; Neoliberalism is a governing rationality, not just economic policy or ideology. — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 14 (+13 more)

Broader Connections

• Neoliberalism is a governing rationality that frames all life in market terms #corroborates (0.95) — Wendy Brown, Undoing the Demos, 357
• Neoliberalism governs people by getting them to self-regulate toward economic ideals. #expands (0.80) — Alice E. Marwick, Status Update, 38
• Neoliberalism works best when subjects willingly internalize market logic through everyday micro-interactions #expands (0.80)
• Neoliberalism generalizes the economic form across the entire social field, unlike classical liberalism. #corroborates (0.78) — Wendy Brown, Undoing the Demos, 105
• Neoliberalism is a governing rationality, not just economic policy or ideology. #expands (0.75) — Wendy Brown, Undoing the Demos, 14
• Neoliberalism generalizes the enterprise form across the entire social body #qualifies (0.75) — Michel Foucault, The Birth of Biopolitics, 823
• Neoliberal policy converts every human need, even bodily ones, into profit-making enterprises. #exemplifies (0.75) — Wendy Brown, Undoing the Demos, 43
• Neoliberalism redefined human being itself as human capital. #expands (0.75) — Anna Kornbluh, Immediacy, or The Style of Too Late…, 134
• The neoliberal subject must constantly self-invest across all life domains #expands (0.75) — Wendy Brown, Undoing the Demos, 360
• Neoliberalism is a normative mode of reason, not merely an economic policy set #expands (0.72) — Wendy Brown, Undoing the Demos, 80
• Neo-liberalism’s real objective is the market’s formalization of the state and society #corroborates (0.72) — Michel Foucault, The Birth of Biopolitics, 678
• Neoliberalism advanced a political, not merely economic, case for the competitive market #expands (0.70) — Jessica Whyte, The Morals of the Market, 34