 For many years, the term “neoliberalism” has been in search of a referent. Is neoliberalism an ideology that fetishizes the market? Or is it a political program aimed at establishing the rule of the capitalist class? Is neoliberalism the enemy of the state? Or does it favor the state to sustain the conditions for competitive markets? Rajesh Venugopal (2015: 166) has argued that neoliberalism