Giersch's dynamic reasoning has subsequently been vindicated by the collapse of the Soviet Union and the ongoing and massive neoliberal transformation of welfare state capitalism in the OECD world. Dynamics of structural change unsettled most national and regional economies, which ironically became increasingly subject to strategic planning, both public and private, precipitating the neo-nationalist rise of right-wing populism following the global financial crisis. Contrary to anti-statist rhetoric, the (competition) state has been charged with advancing the neoand post-Schumpeterian notions of entrepreneurship through regional, educational, economic, and even social policies.

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 303