ABSTRACT
Neoliberalism (also spelled neo-liberalism) defies simple definition. In the Marxian literature, it has been understood in four closely related ways: as a set of ideas inspired by the Austrian and Chicago schools of economics and German Ordoliberalism and elaborated under the umbrella of the Mont Pelerin Society; as a set of policies, institutions and practices inspired and/or validated by those ideas; as a class offensive against the workers and the poor, led by the state on behalf of the bourgeoisie in general or finance in particular; and as a material structure of social, economic and political reproduction, in which case neoliberalism is the mode of existence of contemporary capitalism or a system of accumulation.
