Neoliberalism and Right-Wing Populism–A Love Story

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Abstract

Neoliberalism and right-wing populism are central themes in contemporary political literature, with neoliberalism advocating for liberal capitalist institutions alongside limited democracy and a modest welfare state, while populism generally portrays society as a conflict between “the pure people” and “the corrupt elite.” Some scholars view populism as a total rejection of neoliberalism’s policy failures, while others argue that populism still incorporates neoliberal free-market principles. This article argues that neoliberalism and populism operate symbiotically, perpetuating themselves by manufacturing crises and marginalizing alternative narratives. Drawing on Antonio Gramsci’s notion of hegemony, I argue that both ideologies construct and transform social reality through linguistic devices. I illustrate the argument with examples from the UK, focusing on immigration discourse. I contend that populism supports neoliberalism’s agnotological project by fostering doubt and controversy, while neoliberalism’s crises generate the emotional responses that populism exploits for support.

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APA

Meyenburg, I. (2025). Neoliberalism and Right-Wing Populism–A Love Story. Journal of Economic Issues, 59(4), 1084–1096. https://doi.org/10.1080/00213624.2025.2575146

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