The End of Laissez-Faire? : Edward Elgar Publishing : 9781785366437 : 1785366432 : 30 Oct 2015 : When the global financial crisis hit in 2007, many commentators thought it heralded the end of neoliberalism. Several years later, neoliberalism continues to dominate policy making. This book sets out why such commentators got it so wrong, and why neoliberalism remains so durable in the face of crisis. This book is the first comprehensive critique of the dominant 'ideas-centered' approach to understanding neoliberalism. It offers an alternative view of neoliberalism as a policy regime that is embedded in institutions, class relations and ideological norms. Damien Cahill argues that the socially embedded nature of neoliberalism explains why policy makers continue to use neoliberal policies as forms of crisis response, even though the crisis itself resulted from several decades of neoliberal restructuring. It takes aim at dominant interpretations of neoliberalism, arguing that it is wrongly