This is one of the best critiques on neo-liberalism as an extreme ideology that I have read. It is long but well worth the investment in your time. On a personal note, I have long been offended by the neo-liberal hijacking of F.A. Hayek’s ideas, especially those on the relationship of central planning to the limits of information, which fit my empirical studies of the Pentagon’s decision-making pathologies like a hand fits a glove. Yet, Pentagon spending is a subject that most neo-liberals, like Congressman Paul Ryan, refuse to countenance. Neo-liberals, led by Milton Freedman, have twisted Hayek’s ideas into an uber capitalist, free-market, quasi-religious dogma. Lehmann’s essay is an admirable evisceration of that extremism.
The Baffler, No. 24, 2014
The neoliberal flight from public responsibility is actually a curiously instructive tale of strikingly other-than-intended consequences.