DS makes a pithy observation

"Neo-liberalism is the reincarnation of free-market nineteenth century liberalism. That’s why it’s called “neo”.

However, your much adored liberalism died out in the early 1930s. Because, you know, it failed at dealing with mass unemployment and poverty. It was then consigned to the trash can until the 1970s, when a generation of politicians and economists who couldn’t remember 1929 decided that it’d be awesome to do away with the regulations that protected capitalism from itself.

If liberalism has died once, it can certainly die again, for the same reasons."