at the frontiers where new capital rights are minted day by day in the offices of law firms, states take a back seat. But states provide the legal tools that lawyers use; and they offer their law enforcement apparatus to enforce the capital that lawyers have crafted.

This history of neoliberalization and class formation, and the proliferating acceptance of the ideas of the Mont Pelerin Society as the ruling ideas of the time, makes for interesting reading when placed against the background of counter-arguments laid out by Karl Polanyi in 1944 (shortly before the Mont Pelerin Society was established). In a compl

As political philosopher Asad Haider explained, “neoliberalism… is really two quite specific things: first, a state-driven process of social, political, and economic restructuring that emerged in response to the crisis of postwar capitalism, and second, an ideology of generating market relations through social engineering.”