ABSTRACT
Michel Foucault only lived to see the fi rst years of the rise of neoliberalism. His lectures on neoliberalism were given in 1977-1978, and thus articulated neo-liberal governmentality at the very beginning of its seizing hold of Western countries. Nevertheless, his analysis remains exceptionally insightful and authoritative and, indeed, anticipatory of patterns of transformation in governmental rationalities. It is pertinent, however, to draw upon one further Foucauldian account of neoliberalism to fully capture later developments in the neoliberal era. For this purpose, a contribution by Nikolas Rose (1996) is discussed. The merit of this contribution is not only that it locates neoliberalism in relation to its predecessor, welfare liberalism, but also because it is a review of sorts of a vast body of governmentality literature.
