When explaining it simply, I use Naomi Klein’s definition that it’s the holy trinity of privatization, deregulation and austerity. Then of course there’s free trade which is a big part of it. But if imperialism was the expansion of capitalism into foreign lands, then neoliberalism is the expansion of capitalism into and the gradual eating away of the state through things like privatization, deregulation and austerity.
One major difference is libertarianism is anti-interventionist, neoliberalism is pro-imperialism because the only way to secure resources and enforce capitalist hegemony.
When the Great Depression hit in the United States, the prevailing laissez-faire (I don't know if you learned about the "robber barons" in school, but think those guys) economic consensus largely collapsed, and with FDR the US embraced Keynesianism - think New Deal central planning. Europe embraced social democracy. In reaction to this, a bunch of guys such as Friedrich Hayek, Ludwig von Mises and Milton Friedman set up the Mont Pelerin Society to resist ideas of state intervention in the economy. You can trace neoliberal economic consensus largely back to these guys.
So it is very similar to libertarianism, as it should be, since neoliberalism and libertarianism both look to classical liberal economics for influence, and most of those Mont Pelerin guys are loved by libertarians.
But as Norm_Chumpsky said below, neoliberals are very pro-imperialist, and they still see a use in the state for expanding free markets abroad. Libertarians are not as pro-intervention. But they both draw from largely the same ideology and same thinkers.
They are the same. American libertarians just filter it through the petty bourgeoisie lens rooted in ideas of the American settler on the frontier rather than the academy.
When explaining it simply, I use Naomi Klein’s definition that it’s the holy trinity of privatization, deregulation and austerity. Then of course there’s free trade which is a big part of it. But if imperialism was the expansion of capitalism into foreign lands, then neoliberalism is the expansion of capitalism into and the gradual eating away of the state through things like privatization, deregulation and austerity.
How does neoliberalism relate to libertarianism? They sound like they have the same methods
One major difference is libertarianism is anti-interventionist, neoliberalism is pro-imperialism because the only way to secure resources and enforce capitalist hegemony.
well at least they pretend they are
Fair point, libertarianism is like astrology, they just pick whatever parts are politically convenient for the moment.
When the Great Depression hit in the United States, the prevailing laissez-faire (I don't know if you learned about the "robber barons" in school, but think those guys) economic consensus largely collapsed, and with FDR the US embraced Keynesianism - think New Deal central planning. Europe embraced social democracy. In reaction to this, a bunch of guys such as Friedrich Hayek, Ludwig von Mises and Milton Friedman set up the Mont Pelerin Society to resist ideas of state intervention in the economy. You can trace neoliberal economic consensus largely back to these guys.
So it is very similar to libertarianism, as it should be, since neoliberalism and libertarianism both look to classical liberal economics for influence, and most of those Mont Pelerin guys are loved by libertarians.
But as Norm_Chumpsky said below, neoliberals are very pro-imperialist, and they still see a use in the state for expanding free markets abroad. Libertarians are not as pro-intervention. But they both draw from largely the same ideology and same thinkers.
This is my amateur take.
They are the same. American libertarians just filter it through the petty bourgeoisie lens rooted in ideas of the American settler on the frontier rather than the academy.