Neoliberalism subordinates the state to capital rather than freeing markets

Evidence

Capitalist realism is an expression of class decomposition, and a consequence of the disintegration of class consciousness. Fundamentally, neoliberalism must be seen as a project which aimed to achieve this end. It was not primarily — at least not in practice — dedicated to freeing up the market from state control. Rather, it was about subordinating the state to the power of capital. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1720

Categorization

• XREF: Connects to David Harvey’s work on neoliberal class-power restoration, and to this chapter’s broader capitalist realism thesis in Fisher’s own writing. — connects to: Capitalist states enable capital reproduction rather than serving it functionally — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 1669; Keynes wanted state intervention to preserve, not destroy, capitalism’s profit motive — Angus Burgin, The Great Persuasion: Reinventing Free…, 16; The Samuelsonian synthesis subordinates free markets to prior government full-employment policy — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 60 (+9 more)

Broader Connections

• Neoliberalism intensifies rather than breaks with capitalist state form #corroborates (0.90) — David Theo Goldberg, The Threat of Race, 1748
• Neoliberalism activates the state for the economy rather than withdrawing it. #corroborates (0.88) — Wendy Brown, Undoing the Demos, 106
• Neoliberalism means capital seizes biopolitical governance from the state #expands (0.82) — Max Haiven, Cultures of Financialization, 263
• Neoliberals rejected the pure state-versus-market binary as a false dichotomy #expands (0.78) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 9