ABSTRACT

The concept of neoliberalism has been widely used to characterize the resur-

gence of market-oriented institutional shifts and policy realignments across

the world economy during the post-1980s period (see, for example, Bour-

dieu 1998; Gill 1998). Technically, neoliberalism refers to a set of doctrines

regarding the appropriate framework for economic regulation. More recently,

however, the term has been appropriated by scholars and activists to

describe the institutional, political and ideological reorganization of capit-

alism that has been imposed through the attempted institutionalization of ‘‘free market’’ doctrines since the global economic crises of the mid-1970s.