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In Germany, neoliberalism at first was synonymous with both ordoliberalism and social market economy. But over time the original term neoliberalism gradually disappeared since social market economy was a much more positive term and fit better into the Wirtschaftswunder (economic miracle) mentality of the 1950s and 1960s. [87]
Modern neoliberalism, according to Jones, is associated with economic liberalism, monetarism, and a staunch support of free market capitalism, and advocates political policies of deregulation, privatization, and other market-based reforms. [3]: 1 Jones structures the book around what he argues are the three phases of the history of neoliberalism.
A History of the Mont Pèlerin Society. Indianapolis: Liberty Fund. ISBN 978-0865971363. OCLC 32510484, 683676105. Hans Otto Lenel (1996). ORDO: Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, vol. 47, pp. 399–402. JSTOR 23743153. Robert Higgs (Spring 1997). "Fifty Years of the Mont Pèlerin Society."
Accumulation by dispossession is a concept presented by the Marxist geographer David Harvey.It defines neoliberal capitalist policies that result in a centralization of wealth and power in the hands of a few by dispossessing the public and private entities of their wealth or land.
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A Brief History of Neoliberalism. University of Chicago Center for International Studies Beyond the Headlines Series. 26 October 2005. audio; Harvey, D. and Choonara, J. 2006. "A War Waged by the Wealthy" Archived 25 May 2009 at the Wayback Machine, an interview in SR magazine covering Harvey's account of neoliberalism and class.
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