The death of neoliberalism from within
Neoliberalism is not a school of economic thought. It&#x27;s not an actual ideology that anyone associates themselves with.  It&#x27;s a word without any concrete meaning thrown around in order to avoid real discussion.<p>The free market is not failing. Current markets that are failing are hardly &quot;free.&quot;  What is failing is a system of government regulation and control that supports wall street and the rich at the expense of the middle class.<p>The governments and their federal banks created every single problem called out in the article.  To turn around, blame free-markets, and propose more government as the solution is disgustingly disingenuous.<p>The IMF itself is not a proponent of the free market.  It exists precisely to support excess government spending and to bail rich bondholders who make donations to politicians. Nothing lassiez faire about that.<p>The laissez faire solution to an overspending government would be bondholders losing money, currency depreciating, and poor leaders being held accountable - to which the IMF is diametrically opposed.