Workshop: Why Neoliberalism?

Over the last thirty years a growing body of scholarship across the social sciences has deployed and developed the concept and terminology of neoliberalism. Since exploding in the early 1990s, its usage has not only surpassed related terms (“libertarian” “Washington Consensus” “financialization”) in academic research but has enjoyed exceptional success in public discourses as well (Venugopal 2015) The term has been identified with a variety of large-scale processes and seemingly contradictory trends. As a policy agenda of liberalization and regulatory retrenchment, its implementation over the last thirty years has entailed a massive increase in the volume and complexity of legal rules (Vogel 1996, Braithwaite 2008). As a discourse rooted in the valorization of individual freedom, it has facilitated the consolidation of collective power and, in some contexts, justified the expansion of incarceration and surveillance (Brown 2015, Harcourt 2011) As a political project associated most often with Reagan and Thatcher’s efforts to lower taxes and weaken labour power (Harvey 2005), its advance has coincided with a paradoxical combination of rising national inequality measures and a flattening of the global inequality distribution (Milanovic 2012).

What initially appeared as disagreements about the origins and causes of the neoliberal ascendance have now come into view as more fundamental divides over the nature of the concept itself. For some, neoliberalism is a set of economic policies enacted all over the world since the 1970s; for Marxists, the result of the resurgent power of global financial elites; for readers of Foucault, it names transformations of political rationality and subjectivity corresponding to an economization of all social life. (Flew 2014) These conceptualizations are nonetheless united by an implied periodization. Neoliberalism promises to mark off the present from the past, emphasizes the underlying continuity of capitalism, and evokes nostalgia for a post-WWII Golden Age. Given this unifying thread, differences in usage may reflect deeper differences about the salient aspects of social order, the nature of social change and proper governance of political order. Thus, debates over “neoliberalism” may serve as a proxy for more fundamental divisions over theory and norm, method and discipline.

Recent years have witnessed a number of countervailing trends. A growing genre of research has developed critiques of the concept’s theoretical fungibility and drawn on the multiplicity of its valences in practice to seriously question its explanatory value. (Venugopal 2015, Boas & Gan-Morse 2009) Research depending on the concept has nonetheless continued to intensify, and to jump further across disciplinary lines, becoming a centre point of symposia and special collections in a number of fields (Grewal Purdy 2014, Birch Springer 2016) Finally, scholars have increasingly reached into the past, long before the crisis of the 1970s, to find institutional, philosophical and conceptual precursors of today’s neoliberal practices. (Gane 2012, Kipnis 2008)

In the context of these trends, this workshop offers a momentary opportunity for methodological reflexivity. In an interdisciplinary group that includes historians and sociologists, legal scholars and moral philosophers, political scientists and others, participants will be invited to present, reframe and contextualize their own work in a way that reflects on the analytical, normative and critical value of “neoliberalism.” What insights does the term bring to sites of research left undertheorized by other concepts? Beyond naming and identifying aspects of the world, concepts draw things together and keep other things from view. What analytical connections does “neoliberalism” facilitate, and what processes does it obscure? What new spaces of understanding does the concept open up, and how? On the other hand, what are the risks and pitfalls of leaning too heavily on the term? When might it be time, to borrow a phrase, “to take a break from neoliberalism?” (c.f. Halley 2006). By providing a setting to compare approaches across methodological differences, we hope to not only map the uses of neoliberalism (Ferguson 2010), but to learn something about the origins of the present and, more broadly, about the promises of critically engaged social science.


For making this workshop possible, the EUI Neoliberalism Working Group gratefully acknowledges the financial support of the EUI Department of History and Civilizations, Department of Law and the Max Weber Programme for Doctoral Studies, as well as the following EUI Professors: Youssef Cassis, Pavel Kolar, Hans Micklitz, Giorgio Monti, Dennis Patterson, Lucy Riall, Ann Thomson, and Stéphane Van Damme. We also gratefully acknowledge the indispensable assistance of Alina Vlad and Laura Borgese in the EUI Department of History and Civilization in organizing conference logistics.