It is sometimes assumed that liberalism somehow came to an end during the 1930s, handing over the baton to national welfare state regimes after the war while finding refuge in liberal internationalism. Furthermore, recent studies on neoliberalism have shown that a profound understanding of liberalism seems to be missing. Is neoliberalism merely the renaissance of liberalism? What, then, is liberalism? And what exactly is neoliberalism? Are social democratic versions of a market economy not liberal? Continue reading →