Thinking Historically about Neoliberalism: A Response to William Davies

Abstract

This brief response to Will Davies clarifies and expands a number of the core arguments of the article ‘The Emergence of Neoliberalism: Thinking through and Beyond Michel Foucault's Lectures on Biopolitics’ (published in TCS 31(4): 3–27). It is argued that it is a mistake to treat Foucault as a neoliberal because his lectures on biopolitics centred on the emergence of different trajectories of neoliberal reason. Instead, Foucault's genealogy of neoliberalism can be read as a critical history, one that is partial and incomplete but which nonetheless can be used as a starting point to think historically and critically about neoliberalism. It is suggested that a more nuanced history of neoliberalism, however, can be developed by paying closer attention to the complex relationship between neoliberal reason and the earlier liberal ideas of the 19th century – in particular those of John Stuart Mill. Finally, a claim is made for the value of historical analysis for understanding and responding to the challenges of the post-crisis present, to a situation in which neoliberal ideas appear to have a near-hegemonic grip over popular politics and discourse. © 2014, SAGE Publications. All rights reserved.