ABSTRACT

This chapter presents a brief documentation of the main theoretical and discursive frameworks that characterise neoliberal ideology, political economy, governance, and culture. First, it covers the intellectual history, ontological presuppositions, evaluative dimensions, and policy implications and rationale of neoliberalism as developed by a group of elite and influential Western intellectuals known as the Mont Pelerin Society. Second, it describes how neoliberal ideas have helped to form some of the major national and international economic and public policies implemented by British and American governments since the 1980s. Third, it reviews how these policies have shaped the welfare services, educational institutions, non-profit organizations, urban centres, and media-cultural environments of contemporary UK and US societies, and how this is, in turn, potentially impacting the subjectivities and practices of Anglo-American millennials.