Jamal Awil

← The Road from Mont Pèlerin

It was no longer the tired binary of state vs. [contrarian]

It was no longer the tired binary of state vs. market for them, but rather, the ways in which they were thought to be necessarily intertwined. … What may look like a "compromise" with socialism to the atavistic liberal right wing really is a fundamental insight that neoliberals share with social liberals: There is no such thing as a stable free market or pristine capitalism. … But whereas social liberals consider social and economic inequality the devil of capitalism, neoliberals believe in the need to achieve greater stability under conditions of capitalism and inequality.

Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 9