Neoliberalism: Demise or Adaptation?
The most global and perhaps deepest capitalist crisis ever is likely to bring significant changes to the way the system operates. Will this mean though a qualitative change in the economic policy of the ruling classes? After roughly 40 years of neoliberalism, are we witnessing the demise of this policy framework and a return to more Keynesian-like or other kind of state interventionist policies? Or will the neoliberal framework adapt in order to accommodate, in some countries more than in others, for increased forms of state intervention and perhaps also a more authoritarian political model? These are key questions that socialists worldwide need to grapple with
