ABSTRACT
The purpose of this chapter is not so much to demonstrate that neoliberalism is suffering some degree of crisis of legitimacy, as it is to explain why, despite this crisis, the momentum behind alternatives to neoliberalism remains so weak. There are good reasons for this, reflecting the extent to which neoliberalism is not merely an ideology and a set of policies to be reversed but that it is systemically attached to developments across contemporary capitalism over the past 30 years that have been underpinned by, but cannot be reduced to, what has been termed “financialization”.
